Canada Bread and George Weston's senior officers agreed to boost bread prices in tandem, typically by seven cents, for more than a decade starting in 2001, the documents allege. "Further, the retailers demanded that the suppliers actively manage retail competition by co-ordinating retail prices for their respective fresh commercial bread products and ensuring pricing alignment amongst the retailers," the documents read. It noted that the George Weston and Loblaw informants admitted to inappropriate conduct and accused "certain former Canada Bread executives" dating back to 2001 "while Canada Bread was under previous ownership." Maple Leaf Foods sold its majority share in Canada Bread to Mexico's Grupo Bimbo in 2014. "The allegations do not reflect the Canada Bread we know," the company said Wednesday.

Source: CBC News January 31, 2018 18:01 UTC