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Two more Canadian grain elevators planned

G3, the successor to the former Canadian Wheat Board, is building two more grain elevators in Alberta.

One will be in Irricana, the other in Stettler County.

Both new facilities will have a capacity of 42,000 metric tons and a railway loop track that can accommodate a 150-car unit train. G3 Stettler County will be on CP Rail; G3 Irricana on CN Rail.

Construction on the elevators is planned to start by this summer, pending final regulatory approvals. Construction is expected to be complete in 2020.

"Central Alberta is one of the most important grain growing regions in Canada," G3 CEO Don Chapman said in a written statement. "We are excited to be able to provide farmers in the region a new choice to market their grain through modern facilities that will save them time and money."

As announced previously, G3 is building grain elevators at Morinville, Wetaskiwin and Carmangay, all in Alberta and at Maidstone, Saskatchewan, as well. It also has a new port terminal under construction in North Vancouver, British Columbia. The terminal is scheduled to open in 2020.

The company says it's "transforming the way grain moves," in part through its expanding network of grain facilities.

G3, based in Winnipeg, Manitoba, buys grain from across Canada, which it sells to customers worldwide.