Parrish & Heimbecker Responds to Competition Bureau Consent Agreement

May 22, 2026 | Western Canada

Winnipeg, MB. (May 22, 2026) – Parrish & Heimbecker, Limited (“P&H”) today confirmed that it has entered into a consent agreement with the Commissioner of Competition in connection with its proposed acquisition of certain grain handling assets.

P&H believes it is important to emphasize that the decision to resolve this matter by way of a consent agreement does not reflect agreement with the Commissioner’s conclusions regarding competitive effects in the Reford, Saskatchewan area. P&H continues to respectfully but vigorously disagree with that assessment. The consent agreement reflects a pragmatic business decision to avoid prolonged regulatory delay – not agreement with the Commissioner’s analysis, findings, or approach.

P&H recognizes that consent agreements are an established mechanism under the Competition Act to provide regulatory certainty and allow transactions to proceed in an orderly manner. The agreement has been entered into without any admission that P&H’s acquisition of an elevator in Reford, Saskatchewan would harm competition and does not constitute a precedent for Competition Tribunal jurisprudence.

In this regard, P&H notes that the Competition Tribunal’s 2022 decision concerning the Virden, Manitoba elevator acquisition by P&H remains a clear and authoritative statement of the law governing competition in grain procurement markets. In that decision, the Tribunal rejected the Commissioner’s proposed market definitions and determined that the transaction at issue did not result in a substantial lessening or prevention of competition.

P&H remains of the view that the competitive dynamics in the Reford, Saskatchewan region are consistent with the principles articulated by the Tribunal in Virden, including the presence of effective competition and farmers’ access to multiple viable marketing alternatives.

“P&H recognizes the role that the Commissioner of Competition and the Competition Bureau play in maintaining and encouraging competition in Canada,” said Anthony Kulbacki, President of P&H Grain Division. “Our decision to agree to a consent agreement reflects a pragmatic desire to move forward, not a departure from the legal principles affirmed by the Tribunal.”

P&H remains committed to supporting competitive, efficient, and farmer-focused grain markets across Canada and will continue to engage constructively with regulators in a manner that respects both the law and established jurisprudence

About Parrish & Heimbecker, Limited

Parrish & Heimbecker, Limited (P&H) is a Canadian, family owned agri-business, with roots in the agriculture industry dating back to 1909. P&H is growth-oriented, diversified and vertically integrated with operations including grain handling and merchandising, crop inputs, flour milling, feed milling and animal nutrition, as well as egg grading and food processing. With over 80 locations from coast to coast, and trade links around the globe, P&H leverages its well-established network of assets, strong business relationships with customers and suppliers and ongoing infrastructure development to support Canadian agricultural producers.

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For more information, please contact:

Monika Robertson
Corporate Marketing Manager
Parrish & Heimbecker, Limited
mrobertson@pandh.ca