Seeks more than $200-million in damages, plus legal costs, from Grupo Bimbo and Canadian unit
is suing Canada Bread Co. Ltd. and its parent, Mexico-based Grupo Bimbo, accusing the companies of defamation related to their claims about Maple Leaf’s role in an alleged industry-wide scheme to fix bread prices from 2001 to 2015.
The country’s largest grocer, Loblaw Cos. Ltd., and its parent company George Weston Ltd. first reported the alleged industry-wide conspiracy to the federal Competition Bureau in 2015, in exchange for immunity from criminal charges. The federal watchdog then launched an investigation, which is continuing.
The defamation allegations have not been tested in court, and no statement of defence has been filed. Grupo Bimbo and Canada Bread did not immediately respond to a request for comment. “In seeking and obtaining leniency from the Bureau, Canada Bread took the extraordinary step of admitting to wrongdoing it had not, in fact, engaged in,” the filing states. It adds that no price increases at any time were the result of collusion between Canada Bread and Weston Foods.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Efforts to add Maple Leaf Foods to bread-price fixing class action deniedTORONTO — An Ontario Superior Court judge has dismissed an attempt to add Maple Leaf Foods to a class-action lawsuit related to the bread-price fixing scandal.
Read more »
Maple Leaf Foods reports $17.7-million third-quarter profit, sales up 1.8%Maple Leaf says the profit amounted to 14 cents per share for the quarter ended Sept. 30, compared with a loss of four cents per share a year earlier
Read more »
Maple Leaf Foods reports $17.7M third-quarter profit, sales up 1.8%MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a third-quarter profit of $17.7 million compared with a loss of $4.3 million in the same quarter last year. The company says the profit amounted to 14 cents per share for the quarter ended Sept.
Read more »
Bread-price fixing class action won’t include Maple Leaf, judge rulesMaple Leaf Foods owned a majority share of Canada Bread at the time of the bread-price fixing scheme, but it won't be included in a class-action lawsuit over the scandal.
Read more »
Inside the Sunken Living Room of the Maple Leaf HouseA unique mid-century architectural gem in Brentwood gets a design “edit” to preserve its warmth and charm.
Read more »
Argos celebrate Grey Cup title with energetic fan rally at Maple Leaf SquareTORONTO — The Toronto Argonauts celebrated their latest Grey Cup win with an energetic, occasionally messy fan rally on Tuesday.
Read more »