👉Canada has enacted new rules under the Competition Act to combat greenwashing, requiring companies to substantiate their environmental claims. The amendments, part of the Government’s Fall Economic Statement 2023, target misleading claims about the environmental benefits of products or business activities. Companies must now prove their environmental claims using internationally recognized methodologies. Violations can result in fines up to $10 million, or higher for repeat offenses. While aiming to protect consumers, these rules also pose risks and uncertainties for businesses, potentially slowing environmental initiatives, as noted by legal experts from Blake, Cassels & Graydon LLP.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #Greenwashing #CanadaLaw #EnvironmentalProtection #ConsumerRights #SustainableBusiness #CorporateAccountability #EcoFriendly #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada Bread has agreed to pay at least $50 million for its long-term role in determining bread prices. The organization made the disclosure in an Ontario court on Wednesday, recognizing that under a past administration system, it conspired with its rivals in Canada's bread shop industry to work as one to raise the discount costs they charge to staple chains, pushing up costs for customers all the while. The Mexican food conglomerate Grupo Bimbo owns the company, which produces dozens of brands of baked goods, including Dempster's, Stonemill, Vachon, and others. Prior to that, Maple Leaf Foods held majority control of the business. "had discussions about prices" for bread products with one of the more senior executives at Weston Foods (Canada) Inc., a subsidiary at the time of George Weston Ltd. that also controls the Loblaws grocery chain, according to an agreed-upon statement of facts. The executive at Canada Bread was also an officer at Maple Leaf Foods at the time.✅ . . #CanadaBreadFine #PriceFixingScandal #GrupoBimbo #OntarioCourt #ConsumerImpact #BakeryIndustry #CorporateAccountability #mnm #malayalisnearmeapp #canadaupdate #canadanews