Judge Approves $500M Settlement in Loblaw, George Weston Bread Price-Fixing Case

A worker re-stocks shelves in the bakery and bread aisle at an Atlantic Superstore grocery in Halifax, on Jan. 28, 2022. The Canadian Press/Kelly Clark

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.”