The bread price-fixing scandal investigation marks its 10th anniversary this year. Initiated in 2015, the Competition Bureau’s work remains incomplete. That’s right, it is still ongoing.
While Loblaw, Weston Bakeries (since sold), and Canada Bread (also sold, now owned by Mexico’s Grupo Bimbo, which paid a record-breaking $50-million fine) have faced consequences, four other companies — Sobeys, Metro, Giant Tiger, and Walmart — remain under investigation. This prolonged timeline is extraordinary and does little to foster consumer trust.
