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The bread-fixing settlement money could soon roll out. How to get yours
The bread-fixing settlement money could soon roll out. How to get yours

Global News

time29-05-2025

  • Business
  • Global News

The bread-fixing settlement money could soon roll out. How to get yours

Canadians could soon get a piece of two class-action settlements accusing Loblaw and its parent company of engaging in an industrywide scheme to fix the price of bread, but there are still some steps left before the money rolls out. Before anyone can claim money, both class-action settlements against Loblaw and parent company George Weston Ltd. must be approved in court. Earlier this month, the settlement that was filed in Ontario was approved by Judge Ed Morgan, who said the $500-million settlement was excellent, fair and in the best interest of class members. The second was filed in Quebec and is expected to be heard by a judge for potential approval June 16. 'If the settlement is approved, it will resolve all claims against Loblaw and Weston related to this matter,' a press release from Strosberg Wingfield Sasso LLP and Orr Taylor LLP said in March when announcing the proposed settlement. Story continues below advertisement Should both class-action settlements be approved, a settlement agreement posted online says 78 per cent of the funds will be allocated to the Ontario suit to be distributed to people in both that province and the rest of the country. The other 22 per cent will go towards the Quebec lawsuit and those in that province. Who will get a slice of the money? Individuals and businesses that are eligible are automatically included in the Ontario class action, with the same for Quebec residents under the lawsuit in that province. A total of $404 million of the $500-million total will be paid by Loblaw and George Weston Ltd. to those eligible, with the other $96 million having already been distributed through the company's Loblaw Card Program that ran from 2018 to 2019. That program was conducted in hopes of making amends with customers who paid about $1.50 more per loaf of bread. Story continues below advertisement According to the law firm's notice from March, individuals and businesses living or operating in Canada outside of Quebec who purchased packaged bread between Jan. 1, 2001 and Dec. 31, 2021, are automatically included in the Ontario class action. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Quebec residents are eligible if they purchased at least one package of bread between Jan. 1, 2001 and Dec. 19, 2019. 2:26 Loblaw's $500M settlement: Did the national boycott impact their bottom-line profit? Those eligible for the Ontario settlement must also have lived in Canada, excluding Quebec, as of Dec. 31, 2021, and also must not be a defendant in the suit or a related party. Justin Smith, a lawyer with Strosberg Wingfield Sasso LLP, told Global News that those who received one of the Loblaw gift cards between 2018 and 2019 are also still eligible. If they do join, he said that $25, the amount of the gift card, will be deducted from any potential money a person would receive. Story continues below advertisement The amount that will be paid out, however, is not known at this time. The Ontario settlement website says it's 'not possible to accurately estimate the amount of compensation an individual will receive at this time,' as it will depend on the number of approved claims and net amount available. What is known is that 99.5 per cent of the distribution will go to individuals, with 0.5 per cent set aside for businesses and 'other entities' that purchased bread for resale. The opt-out period for the Ontario class action has passed, with the period closing for Quebec residents on Friday. Once both lawsuits have been approved, an online claims process will be established through the Ontario and Quebec settlement websites for people to make a claim for compensation. Jim Orr, partner at Orr Taylor LLP, said in the March 11 news release that the settlement would also provide access to information that would be used in continuing the case against remaining defendants, including Canada Bread, Sobeys, Metro, Walmart Canada and Giant Tiger. What happens now? While the Ontario class action has been approved, the Quebec one could still be rejected. Story continues below advertisement Should this happen and it remains rejected after any appeals are made, both the Ontario and Quebec settlements would become 'null and void' and the $404 million would go back to the companies involved. The gift cards that were distributed in 2018 and 2019, which made up $96 million of the overall settlement, would not be returned. He said all parties involved in the two settlements would then return to 'litigation positions.' 0:46 Canada Bread denies price fixing scheme, points finger at Maple Leaf Foods The offer Loblaw and George Weston made garnered four objections and 475 opt-outs, which Morgan said 'are very small numbers in view of the estimated 20 million-plus class members.' No one who objected to the settlement appeared in court to explain their views, but a review of their written submissions showed they were fighting the settlement because they would like more money, Morgan said. Story continues below advertisement — with files from The Canadian Press

Judge approves $500M settlement in Loblaw, George Weston bread price-fixing case
Judge approves $500M settlement in Loblaw, George Weston bread price-fixing case

Toronto Star

time26-05-2025

  • Business
  • Toronto Star

Judge approves $500M settlement in Loblaw, George Weston bread price-fixing case

TORONTO - Some Canadian shoppers may soon receive cash from a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread. Ontario Superior Court Judge Ed Morgan approved a $500-million settlement in the case on May 7, saying the money put forward by the grocery companies was 'an excellent and fair result for all concerned.'

Judge approves $500-million settlement in Loblaw bread-fixing case
Judge approves $500-million settlement in Loblaw bread-fixing case

Vancouver Sun

time26-05-2025

  • Business
  • Vancouver Sun

Judge approves $500-million settlement in Loblaw bread-fixing case

An Ontario judge has approved a settlement in a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread. In a written decision, judge Ed Morgan says the $500-million settlement is excellent, fair and in the best interest of class members. The settlement was reached last year and includes a combined $404 million to be paid by Loblaw and George Weston. The remaining $96 million is accounted for through a gift card program Loblaw announced in 2017 to make amends for co-ordinating the price of some packaged bread back to 2001. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Once legal fees and other court expenses are paid, records show 78 per cent of the settlement funds will be allocated to residents in Canada outside Quebec and 22 per cent will wind up with people in that province. Those eligible for a piece of the settlement had to have purchased packaged bread for personal use or for resale between January 2001 and December 2021. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .

Judge approves $500-million settlement in Loblaw bread-fixing case
Judge approves $500-million settlement in Loblaw bread-fixing case

Edmonton Journal

time26-05-2025

  • Business
  • Edmonton Journal

Judge approves $500-million settlement in Loblaw bread-fixing case

In a written decision, judge Ed Morgan says the $500-million settlement is excellent, fair and in the best interest of class members Published May 26, 2025 • 1 minute read Gatik partnered with Loblaw on driverless vehicles that ferry groceries daily from an automated warehouse at a supermarket in Etobicoke to its headquarters 25 kilometres away. Photo by Gatik An Ontario judge has approved a settlement in a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread. In a written decision, judge Ed Morgan says the $500-million settlement is excellent, fair and in the best interest of class members. The settlement was reached last year and includes a combined $404 million to be paid by Loblaw and George Weston. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by David Staples, Keith Gerein and others, Oilers news from Cult of Hockey, Ask EJ Anything features, the Noon News Roundup and Under the Dome newsletters. Unlimited online access to Edmonton Journal and 15 news sites with one account. Edmonton Journal ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by David Staples, Keith Gerein and others, Oilers news from Cult of Hockey, Ask EJ Anything features, the Noon News Roundup and Under the Dome newsletters. Unlimited online access to Edmonton Journal and 15 news sites with one account. Edmonton Journal ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors The remaining $96 million is accounted for through a gift card program Loblaw announced in 2017 to make amends for co-ordinating the price of some packaged bread back to 2001. Read More Once legal fees and other court expenses are paid, records show 78 per cent of the settlement funds will be allocated to residents in Canada outside Quebec and 22 per cent will wind up with people in that province. Those eligible for a piece of the settlement had to have purchased packaged bread for personal use or for resale between January 2001 and December 2021. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here. Sports Cult of Hockey Local News Cult of Hockey Edmonton Oilers

Judge approves $500M settlement in Loblaw, parent company bread-fixing case
Judge approves $500M settlement in Loblaw, parent company bread-fixing case

Global News

time26-05-2025

  • Business
  • Global News

Judge approves $500M settlement in Loblaw, parent company bread-fixing case

An Ontario judge has approved a settlement in a class-action lawsuit that accused Loblaw Cos. Ltd. and its parent company George Weston Ltd. of engaging in an industry-wide scheme to fix the price of bread. In a written decision, judge Ed Morgan says the $500-million settlement is excellent, fair and in the best interest of class members. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy The settlement was reached last year and includes a combined $404 million to be paid by Loblaw and George Weston. The remaining $96 million is accounted for through a gift card program Loblaw announced in 2017 to make amends for co-ordinating the price of some packaged bread back to 2001. Once legal fees and other court expenses are paid, records show 78 per cent of the settlement funds will be allocated to residents in Canada outside Quebec and 22 per cent will wind up with people in that province. Story continues below advertisement Those eligible for a piece of the settlement had to have purchased packaged bread for personal use or for resale between January 2001 and December 2021.

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