$1B class action filed against Loblaws for bread price-fixing

A woman from Elliot Lake, Ont. has filed a $1 billion class-action lawsuit against Loblaw Companies Ltd. after the company revealed it participated in industry-wide price-fixing of bread for 14 years.

Irene Breckon, a senior citizen and anti-poverty activist, is the lead plaintiff in the case on behalf of all Canadians who purchased bread at the grocery chain's stores beginning in January 2001.

Breckon is being represented by Toronto-based law firm Sotos LLP. The suit also names George Weston Ltd., Canada Bread Company and Walmart Canada Corp. among the defendants.

"I'm very involved with many, many people who have very little," Breckon said in an interview with CBC News.

"They don't have money for the basics, and then when you find out that these large corporations are cheating us, it's just wrong."

...