01:50:21 EST Sun 08 Feb 2026
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George Weston Ltd
Symbol WN
Shares Issued 127,898,240
Close 2025-09-19 C$ 85.33
Market Cap C$ 10,913,556,819
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Globe says over 1M claims submitted to Loblaw, Weston

2025-09-22 07:41 ET - In the News

See In the News (C-L) Loblaw Companies Ltd

The Globe and Mail reports in its Saturday, Sept. 20, edition that over one million people have submitted claims for compensation from the $500-million settlement involving Loblaw and parent company, George Weston, related to a bread price-fixing scheme in Canada from 2001 to 2015. The Globe's Susan Krashinsky Robertson writes that the settlement included $96-million that Loblaw already paid out back in 2018, through $25 gift cards to the grocer's own stores. That leaves $404-million. However, not all of that money goes to people who bought bread in Canada during the years-long, allegedly "industry-wide" conspiracy, which Loblaw and Weston reported to the Competition Bureau in 2015, in exchange for immunity from criminal charges. The process for making a claim under the settlement began on Sept. 11. Strosberg Wingfield Sasso lawyer Jay Strosberg, who represents plaintiffs in the class action, says he does not know how much money will be paid out. However, what is clear is that Canadians are unlikely to receive thousands of dollars each for a claim in this settlement. According to Mr. Strosberg, in the first week after opening up the claims process, more than one million were submitted.

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