Farmer's in the Colonsay area will have a new terminal to bring their grain to.

Farmer's, MLA Donna Harpauer and a number of others were on hand as the ribbon was cut on th CWB's brand new inland terminal east of Colonsay.

The G3 Canada Limited company recently completed the purchase of the majority share in the CWB.

CEO of G3 Canada Limited, Karl Gerand says the Colonsay terminal is one of the latest of four projects they have on the go.

"This new facility here, we've got three others that are under construction, our facility in Bloom, just outside Portage La Prairie Manitoba is in production now and receiving grain. We've got two others under construction in Pasqua Saskatchewan  as well another one just outside St. Agathe in Glenlea Manitoba."

Gerand says the benefits of the new elevator are the quantity and speed Saskatchewan grain can be moved to port.

"It will be able to handle 130 car plus unit trains, in full units, from loading here at the site in under 12 hours and unloading at the Vancouver terminal in a full train block in under 6 hours. That's a real step change to the Ag industry and will create some real interesting change."

Gerand says farmers will be able to make the most of their time being able to unload a full Super B in under 5 minutes, helping farmers get back in the field quicker.

"It's hard to make a living as a farmer these days, with weather problems we've had in this area as an example. The farmers can show up here and the unload time is under five minutes for trucks, that means farmers can back to their daily business making money on the farm and doing what they have to do. We've really prioritized the speed of for the farmer's convenience."

One of other features that makes the terminal ground breaking is their new "Loop Track," the track is completely seperate from the rail line and allows 134 train cars to be on their track.

The terminal has opened up just in time for the beginning of the 2015 harvest season and that's good new according to Neil Townsend the Director of Market Research for CWB.

Townsend says he thinks another player on the prairies isn't a bad thing for farmers.

"I think that heightened competition in the prairies is generally a good thing if you can deliver to more places. The other thing I think that with speed and efficiency in terms of moving grain become critically important with the partners the railways. If you can have quicker turnaround maybe that adds to the farmers bottomline."

To hear more from Townsend's and Gerand's interview with Bolt FM's Ronald Quaroni click below

Karl Gerand

Neil Townsend