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The bread price-fixing scandal in Canada refers to a group of competing bread producers, retailers and supermarket chains reached a secret agreement among themselves to artificially inflate the price of bread at the wholesale and retail levels from late 2001 to 2015 [1] (some sources stated that the price fixing continued into 2017 [2]).
In June 2023, Canada Bread pleaded guilty to four counts of price fixing with its grocery competitors to increase the price of bread products over a 16-year period and was fined $50 million. According to the Competition Bureau , the fine was the highest ever price-fixing fine in Canadian history.
In January 2018, Loblaws was implicated in price-fixing the cost of bread in Canada, taking part from 2001 until 2015. [96] The company admitted its involvement in the scheme. [94] In response to the price-fixing, in January 2018, all consumers were offered the chance to receive a $25 gift card for bread.
The bread products were sold in retailers within the following provinces: Newfoundland and Labrador, Ontario and Quebec. This recall includes popular brands such as Country Harvest, Great Value ...
In January 2018, Weston and its subsidiary Loblaws were implicated in price-fixing the cost of bread in Canada, taking part from 2001 until 2015. [54] The two companies agreed to pay $500 million to settle the lawsuit in July 2024, with the class action lawsuit against several other retailers continuing. [55]
Your Independent Grocer (YIG), known colloquially as "Independent" or "Yours" is a supermarket chain in Canada with more than 100 locations. It has stores in every province and territory except Manitoba, Nunavut, and Quebec. It is a unit of National Grocers, itself a unit of Loblaw Companies Limited. Stores are typically operated by a franchise ...
A year earlier, Loblaw began converting the outlets from company owned stores to franchise operations. The number of stores more than doubled to 48 by 1994. [12] By the late 1990s, that number had increased to 79 outlets. [13] The new franchise operations typically displayed the name of the owner, such as "Joe's nofrills" or "Derek's nofrills".
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