CHARLEBOIS: How grocery giants are shortchanging Canadians
Most Canadians inherently trust product labels. However, this trust may now waver
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The bread price-fixing scandal investigation marks its 10th anniversary this year. Initiated in 2015, the Competition Bureau’s work remains incomplete. That’s right, it is still ongoing.
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While Loblaw, Weston Bakeries (since sold), and Canada Bread (also sold, now owned by Mexico’s Grupo Bimbo, which paid a record-breaking $50-million fine) have faced consequences, four other companies — Sobeys, Metro, Giant Tiger, and Walmart — remain under investigation. This prolonged timeline is extraordinary and does little to foster consumer trust.
Adding to the dismay, a recent CBC investigation les by reporter Sophia Harris uncovered further issues, revealing that major Canadian grocery........
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