Page 6 - Canada Bread News Today

While high corporate concentration in grocery retail bears government scrutiny, the focus on it overlooks a more complex truth – that there is high corporate concentration in almost every part of Canada’s agri-food economy

U.S.-based companies have grown remarkably cautious and strategic when pursuing mergers and acquisitions.

Sylvain Charlebois • U.S. distinguishes itself through its unwavering vigilance against monopolies, including in the food industry, and publicly owned entities

Prime Minister Justin Trudeau is calling on grocery executives to come up with a plan to stabilize food prices. Find out more.

U.S.-based companies have grown remarkably cautious and strategic when pursuing mergers and acquisitions.

U.S.-based companies have grown remarkably cautious and strategic when pursuing mergers and acquisitions.

Grupo Bimbo-owned Canada Bread has been put on a list of banned suppliers of federal contracts after being found guilty of price-fixing.

Receives 10-year government contract ban in Canada.

One of Canada’s biggest commercial bakeries pleaded guilty for its role in a bread price-fixing scheme, was fined CA$50m - the highest on record - and has been placed on the government’s list of banned suppliers. But the reputational harm could be the toughest blow.

Ottawa banned Canada Bread Co Ltd. from bidding on government contracts for 10 years due to its price-fixing scheme. Find out more.