A $50-million fine in Canada’s bread price-fixing scandal
Over 20 years later, someone has finally paid the price for Canada’s bread-fixing scandal – other than shoppers that is. Last week, baked-goods producer Canada Bread was fined $50-million for its role in coordinating the price hikes on bread. Susan Krashinsky Robertson is The Globe and Mail’s retail reporter. She explains why it has taken so long for the Competition Bureau to hold a company accountable and whether Canadians will be compensated for years of inflated bread prices.
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Show Notes
Over 20 years later, someone has finally paid the price for Canada’s bread-fixing scandal – other than shoppers that is. Last week, baked-goods producer Canada Bread was fined $50-million for its role in coordinating the price hikes on bread.
Susan Krashinsky Robertson is The Globe and Mail’s retail reporter. She explains why it has taken so long for the Competition Bureau to hold a company accountable and whether Canadians will be compensated for years of inflated bread prices.
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