Loblaw bread-fixing settlement money is landing in bank accounts. What are you spending your money on?
Canadians are beginning to receive compensation from the Loblaw bread-fixing settlement. The settlement, amounting to $500 million, addresses claims related to price-fixing of bread from 2001 to 2015. Recipients are sharing how they plan to spend their compensation, with options ranging from paying off debts to treating themselves.
- ▪Canadians who submitted claims for the Loblaw bread-fixing settlement are seeing money in their accounts.
- ▪Loblaw agreed to pay $500 million to settle class-action lawsuits over bread price-fixing.
- ▪Compensation amounts vary based on participation in a previous Loblaw Card Program.
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Open this photo in gallery:A worker re-stocks shelves in the bakery and bread aisle at an Atlantic Superstore grocery in Halifax, Jan. 28, 2022.Kelly Clark/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountCanadians who have submitted claims for compensation under the Loblaw bread-fixing settlement are starting to see money appear in their bank accounts.In 2024, Canada’s largest grocer, Loblaw Cos. Ltd., and its parent company, George Weston Ltd., agreed to pay $500-million to settle two class-action lawsuits over their role in a scheme to fix bread prices in Canada from 2001 to 2015.Compensation was open to Canadian residents who bought packaged bread – at any grocery store in Canada, not just those owned by Loblaw – between Jan.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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