3 class-action settlements Canadians should claim before the deadline
With several class-action settlements accepting claims in Canada, Canadians have a couple of chances to make easy money.
From a $4.75-million drug settlement to a $500-million bread price-fixing settlement, it’s worth taking some time out of your day to cash in on these class actions.
If you’re eligible, here are three you should claim before you run out of time.
Loblaw bread price-fixing settlement
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If you’re a Canadian who purchased bread from Loblaw stores, you can now apply to receive compensation from the bread price-fixing class-action settlement.
The Superior Court of Quebec and the Ontario Superior Court of Justice approved a $500-million settlement in the bread price-fixing class action lawsuit against Loblaw. The claims period began on Sept. 11, and Canadians who want to submit a claim must do so by Dec. 12, 2025.
The lawsuit against Loblaw alleges that the supermarket giant overcharged Canadians for bread as a result of an industry-wide price-fixing scandal involving certain packaged bread products. There are also ongoing class actions against Canada Bread, Sobeys, Metro, Walmart Canada, and Giant Tiger.
Learn more about this settlement.
TD mutual funds settlement
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A settlement was reached with TD Asset Management Inc. for $70.25 million to resolve claims that the financial institution paid trailing commissions (or trailer fees) to discount brokers of mutual funds.
According to TD, mutual funds are a type of investment where “the money collected from various investors is pooled together to invest in different assets, including bonds, stocks, and/or money market investments.” Mutual funds are managed by fund managers who allocate the fund’s assets to produce higher returns for investors.
Trailing commissions paid on mutual funds compensate mutual fund dealers who advise investors. However, over the years, these trailer fees were also allegedly paid to discount brokers.
Discount brokers mainly operate online and include BMO InvestorLine, TD Direct Investing, RBC Direct Investing, CIBC Investor’s Edge, Scotia iTRADE and National Bank Direct Brokerage. According to the class-action lawsuit, they are not allowed to provide investment advice.
If you think you’re eligible, you’ll need to submit a claim form to the administrator online by Dec. 20, 2025.
Learn more about this settlement.
Prescription drug settlement
rexultihcp.com
Canadians affected by the prescription drug Rexulti could receive a share of a $4.75-million class-action lawsuit settlement.
The Consumer Law Group announced that on Nov. 12, the Superior Court of Quebec approved a Canada-wide class-action settlement of $4.75 million “that will be used to pay compensation for persons that file valid, timely, and approved claims.”
Eligible Canadians can sign up to be represented by the Consumer Law Group by filling out the claim form online before Aug. 1, 2026.
With files from Irish Mae Silvestre