Canada Bread fined $50M for bread price fixing, highest penalty ever
Competition Bureau turns its focus on to grocers in ongoing investigation
Source: mapleridgenews.com
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Competition Bureau turns its focus on to grocers in ongoing investigation
Canada Bread, now a subsidiary of Mexico-based Grupo Bimbo, pleaded guilty to four counts of price-fixing under the Competition Act
Bakery giant Canada Bread Co. has been fined $50 million after pleading guilty to its role in a criminal price-fixing scheme that inflated the price of bread in Canada for years.
A man is dead and a woman is injured after a shooting in Mississauga.
Canada Bread to pay C$50 million.