$500M bread price fixing settlement now open for Canadians to claim
Global News
Submissions are now open for Canadians to claim their share of a $500 million class action lawsuit settlement after a scheme to fix the price of bread products in Canada.
Canadian shoppers now have a chance to get their share of a $500-million settlement in a class-action lawsuit related to the alleged industry-wide price fixing of bread.
Strosberg Wingfield Sasso LLP and Orr Taylor LLP said Thursday the claims process is now open in the approved settlement involving Loblaw Cos. Ltd. and its parent company George Weston Ltd.
To claim compensation, eligible Canadian residents who purchased packaged bread for personal use between Jan. 1, 2001 and Dec. 31, 2021 — including bagged bread, buns, rolls, bagels, naan, English muffins, wraps, pita and tortillas — must submit a completed claim form by Dec. 12.
Proof of purchase is not required.
Forms can be found online at CanadianBreadSettlement.ca for those residing anywhere in Canada outside of Quebec as of Dec. 31, 2021, and at QuebecBreadSettlement.ca for those living within that province on that date.
“This resolution provides Canadian consumers with monetary relief they deserve,” said Jim Orr, partner at Orr Taylor LLP.
In May, Ontario Superior Court Judge Ed Morgan approved the $500-million settlement in the case, which includes a combined $404 million to be paid by Loblaw and George Weston after they were accused of engaging in an industry-wide scheme to fix the price of bread.
The remaining $96 million is accounted for through a gift card program Loblaw began in 2018 and ran through 2019 in hopes of making amends with customers who paid about $1.50 more per loaf of bread.
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