Want a piece of $ 500m bread price disposal disposal? The claims of claims are now open
This can be the best thing Alleged artificial price increase On chopped bread.
By Thursday, The claims of claims are now open Canadians are looking for their share of disposal of $ 500 million in a square-carriage trial related to alleged industry-wide pricing of bread for people.
Some character Canadian resident who bought packed bread For their personal use – Bugged Bread, Buns, Rolls, Bagles, Nan, English Muffin, including Raps, Peeta and Tortilus – can claim compensation from the National Basti between 2001 and 2021 that Lobla Company arrived with Limited, and the native company George Weston Limited.
Forms can be found online Canadianbreedsettlement.ca For those living anywhere in Canada outside of Cubek in December 31, 2021 and Quebecbreadsettlement.ca For those living within that province on that date. Claims are to be presented by December 12, 2025, pay attention to both websites.
CBC News said, “It has been coming for a long time,” J, a lawyer who represented the plaintiff in the class-action trial, told CBC News.
Strosberg says he hopes to claim millions of people, and this would mean that people will take several months to get their share, but whatever is waiting, “it will be worth it, hopefully.”
J Strosberg, a lawyer, who represents the plaintiff in the class-action case, accused Lobla of attaching to the bread-fixing scheme, reacting to the approval of settlement of $ 500 million.
About class action
Class-action trial accused Lobow companies of Limited and its original company, George Weston, of engaging in an industry-wide plan, to fix the price of bread. Wadi alleged companies participated in 14 years of industry Value conspiracy Between 2001 and 2015, there was an artificial increase in the prices of the packed bread.
There are two disposal classes: One in OntarioFor all Canada outside Quebec, and One in Quebec for residents of Cubek,
Settlement was subject to court approval in both Ontario and Quebec and will only be effective when approved by both the courts, notes law firm Strosberg Wingfield Saso LLP on its own Bread Class Action Website.
In May, Ontario Superior Court Judge Ed Morgan approved the disposal of $ 500 million in the case, including a joint $ 404 million to be paid by Lobla and George Weston after being accused of engaging in an industry-wide plan to fix the price of bread.
The remaining $ 96 million has been calculated through a gift card program, which started in 2018 and in 2019 went through 2019 in the hope of amending with customers, who paid about $ 1.50 more per pot to bread.
The Superior Court of Quebec approved settlement in July and issued its decision on 11 August. Now when the 30-day appeal period is over, people can claim, Strusberg explained.
Strosberg said that this is the biggest price-fixing class action in Canadian history.
“It’s a big thing,” he said.
Canada Bread will have to pay a fine of $ 50 million to be part of a plan to fix the price of bread in Canada in 14 years. This is the highest fine that has been imposed at any time competition bureau. Andrew Chang explains how the plan worked, and why it can only start.
‘Action continues’
While price-fixing allegations targeted other major grosers, including Sobi, Walmart, Giant Tiger and Metro, only Loblav and its original company have agreed to an agreement. Others have denied the allegations.
Canadian bread, Also nominated as a defendant, a fine of $ 50 million was imposed in June 2023 after convicted in four cases of price-fixing bread products under the Competition Act in June 2023.
But this fine went to the government, Not consumers.
“Action continues against everyone. This is the first installment,” Strosberg said.
Customers who bought bread between January 2001 and December 2021 and did not take a gift card from the first loblav will eventually receive up to $ 25. If the money is still left after that distribution, the fund will be divided between anyone claiming the gift card.
