Canadians who purchased fresh or frozen raw beef over the last decade may be eligible for a share of a nearly $8-million class-action settlement. The proposed deal follows a 2022 lawsuit alleging that major meat-packing companies conspired to limit the supply of beef and manipulate prices for Canadian consumers. While the settlement marks a significant development in the case, it does not constitute an admission of wrongdoing or liability by the companies involved.
The agreement includes payments from JBS USA Company, Swift Beef Company, JBS Packerland Inc., and JBS Canada ULC, which have collectively agreed to pay approximately $7.49 million. Additionally, National Beef has agreed to pay $495,000. These funds are intended to compensate eligible class members who bought raw beef for personal use or resale on or after January 1, 2015. Notably, the settlement excludes beef products purchased through the food service industry, such as those bought at restaurants.
This legal action comes at a time when many Canadians have expressed frustration over the rising cost of meat. Statistics Canada data indicates that beef prices have climbed significantly since 2021, a trend often attributed to factors like drought, reduced cattle herds, and increased production costs. The class-action lawsuit seeks to address whether unlawful corporate behavior also played a role in these price hikes.
Before any payments are distributed, the settlement must receive formal approval from the courts. Hearings are scheduled for September 10 for class members outside of Quebec, while the Quebec settlement hearing is set for December 1. Legal teams representing the plaintiffs noted that while these specific companies have reached a deal, litigation remains ongoing against other defendants, including Cargill and Tyson.
At this stage, eligible consumers do not need to submit claims or provide receipts. The legal process is still in its early phases, and details regarding individual compensation amounts have not yet been determined. Those who wish to opt out of the class action must do so by August 10, 2026.