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Canada's Bread Price Fixing Settlement: Claim Deadline Approaching

The deadline to claim compensation from a historic $500 million settlement over bread price fixing in Canada is December 12. The case involves Loblaw Companies Ltd. and George Weston Ltd., who agreed to pay the settlement after admitting to collusion in bread pricing over a two-decade period. Over one million Canadians have already filed claims, with potential payouts ranging from $50 to $100, depending on the number of claimants and remaining funds. Eligible claimants are those who purchased packaged bread—such as loaves, buns, bagels, and tortillas—anywhere in Canada from January 1, 2001, to December 31, 2021, with no receipts required. Canadians in Quebec should use a different portal for claims. The settlement aims to compensate consumers for higher prices caused by the alleged price-fixing, with payments expected within six to twelve months after the deadline. The case highlights issues of corporate accountability and consumer rights, with the remaining legal actions involving other grocery chains ongoing.

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