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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.
The Bureau has promised to make their study on the food industry public by the end of this month.
There were 94 entries, more than $4,700 raised for local food bank
Even when councils were approving below-average tax increases, residents experienced high taxes because of the tax ratio
More than five years since Canada’s Competition Bureau began an investigation into an alleged bread-price fixing scheme, no conclusions have been drawn nor charges laid. As the watchdog is now probing whether grocery stores are profiting from inflation, one expert says the effectiveness of its tools are in question.