NDP Leader Calls for ‘Severe Penalties’ for Price-Fixing Following Loblaw Settlement

NDP Leader Calls for ‘Severe Penalties’ for Price-Fixing Following Loblaw Settlement
NDP Leader Jagmeet Singh arrives on Parliament Hill in Ottawa on June 19, 2024. The Canadian Press/Sean Kilpatrick
|Updated:
0:00

NDP Leader Jagmeet Singh has called for “severe penalties” for corporations that engage in price-fixing following news that Loblaw Companies Limited and its parent company, George Weston Limited, have agreed to pay $500 million in penalties for their role in a bread price-fixing scheme.

“The rules should be there to protect Canadians, but the rules written by the Liberals and Conservatives by Justin Trudeau and Pierre Poilievre, have allowed big corporations to rip you off,” Mr. Singh said during a July 25 press conference.