Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeAgricultureNewsCanadians who bought beef in last decade could get share of $8-million price-fixing settlementTwo of North America's largest beef companies agree to settle class actionLast updated 26 minutes ago You can save this article by registering for free here. Or sign-in if you have an account.Anyone in Canada who purchased beef since 2015 may soon be eligible to get a piece of an almost $8-million national settlement. Photo by PostmediaAnyone in Canada who has purchased beef since 2015 may soon be eligible to get a piece of an almost $8-million national settlement after an agreement was reached with two of the largest beef companies in North America over alleged price fixing.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorNational Beef Packing Company LLC, together with four subsidiaries of multinational company JBS NV, the largest meat processing enterprise in the world, including JBS Canada ULC, reached proposed settlements in the Canadian beef class actions, said CFM Lawyers LLP, Strosberg Wingfield Sasso LLP and Belleau Lapointe LLP, the firms representing the class members.Similar class actions continue against Cargill Inc. and Tyson Foods Inc.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againThe class actions allege price fixing and related conduct in the sale of beef and beef products in Canada, excluding those purchased from the food service industry.The actions were started in British Columbia and Quebec, but they include Canadian residents in all provinces and territories.The lawyers said JBS has agreed to pay about $7.5 million and National Beef has agreed to pay $495,000 for the benefit of class members. The companies have also agreed to cooperate with plaintiffs in their pursuit of claims against the non-settling defendants.The settlements, which still have to be approved by the courts, are not an admission of liability, fault or wrongdoing by JBS or National Beef.The courts have also yet to approve a process for the companies to pay the claims. Further information on how to make a claim will come later, lawyers said. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.