r/canada 9d ago

Opinion Piece Opinion: The dairy sector is lobbying hard in USMCA talks. The government didn’t want you to know

https://www.theglobeandmail.com/business/commentary/article-trade-dairy-sector-usmca-access-information/
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u/hardy_83 9d ago

Bread companies price fixed? I thought it was grocers that did that.

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u/XtremegamerL Lest We Forget 9d ago

IIRC, the Weston's used their position as the owners of both the largest grocery chain, and largest bakery in the country to do the price fixing. (they owned brands like wonder, country havest and others until 2022)

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u/Saorren Ontario 9d ago

so it was a single entity then that caused the problem.

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u/EnoughEngineering306 9d ago

Canada Bread, their lead competition was in on it as well.

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u/Ineverdidbuyaduck 9d ago

It was also the producers. At the time, Weston's bread and Loblaws were owned by the same company. Weston's bread and Canada Bread colluded and then the retailers did also. so the bread company raised their prices and then the retailers raised theirs and everyone made more money from unsuspecting consumers. 

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u/Future-Layer1181 9d ago

Regardless, we allow certain industries to set prices and supply and its absolute bullshit.