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Maple Leaf chair Michael McCain knew about alleged bread price-fixing, Competition Bureau document suggests

With an investigation continuing in the wake of Canada Bread’s admission of guilt for its role in one of the country’s largest price-fixing scandals, a document in the long-running case’s court file suggests federal authorities believed that Maple Leaf Foods executive chair Michael McCain had personal knowledge of the alleged scheme.

The packaged meat company, which used to control Canada Bread, expressed dismay at the new owner’s guilty plea this week, saying Maple Leaf Foods stands by its denial of any wrongdoing. The actions of Maple Leaf Foods and multiple grocery retailers remain under investigation by the Competition Bureau following the plea deal and resulting $50-million fine.

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