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Editorial opinion... by editor Paul Boisvert

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Canada’s most infamous nepo baby, Galen Weston Jr., who inherited Loblaw is finally paying millions of Canadians restitution for over fourteen years of fixing the price of bread.

 

The moral of this story is crime pays. Again. Remember the bank thefts of 2008?

 

Canada Bread owned by Maple Leaf Foods and competitor Weston Bread (Loblaw Companies) colluded to boost bread prices. Joining in the scheme were Loblaws, Walmart Canada, Giant Tiger, Sobeys and Metro. To make a long story short they got caught. (Don’t you just love monopolies!)

 

Experts estimate that this coordinated theft cost typical Canadian families over $400. The crime netted those assholes over $4.3 to $4.9 billion. And yet, Loblaw is paying out only between $24 and $49 to affected families and doing it over a decade after the fact. It is impossible to get the actual cost of the court case so you can imagine that probably cost taxpayers millions more.

 

This nepo baby Weston, who inherited an entire empire and has amassed over $20 billion in personal wealth got away with it. The fine for ripping us off for billions only $500 million. No one is going to jail. Like I said crime pays if you have money. Remember that the next time you buy something at SuperStore.

 

Heat is coming

 

We will finally be getting some heat. Next week we’ll hit around 30 degrees for the first time. That will certainly get things growing.

 

Enjoy.

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