Canada Bread

Canada Bread fined $50 million for role in bread price-fixing scheme

Jun 21, 2023 | 1:37pm

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 wholesale price of bread in Canada for years. It’s the highest price-fixing fine ever imposed by a Canadian court, the Competition Bureau of Canada said Wednesday. The settlement is a significant milestone in the Competition Bureau’s ongoing investigation into alleged bread price-fixing […]