Firms conspired to keep foam prices high

Delta plant involved in corporate conspiracy busted by Competition Bureau

A foam production plant in Delta was part of a decade-long price-fixing scheme that has ended with the firms involved paying $12.5 million in fines.

Valle Foam Industries, which also runs a plant in Brampton, Ontario, and Montreal affiliate Domfoam International pleaded guilty to conspiring with competitors to fix the price of polyurethane foam products made at their three plants.

The products are mainly used in carpet underlay, furniture and bedding.

It was the first conviction under Canada’s amended conspiracy law, which was updated in 2010 to tighten the law regarding collaboration and cartels.

“This investigation highlights the Bureau’s reinvigorated mandate to stop consumer harm caused by price-fixing, and to secure significant fines for these serious criminal offences,” Competition Commmissioner Melanie Aitken said.

A rival foam producer based in Toronto blew the whistle on the scheme in early 2010, gaining immunity from prosecution.

The Competition Bureau launched a nearly two-year investigation that included the use of wiretaps, several searches and the seizure of thousands of documents.

More firms are still under investigation for their participation in the cartel.

“We’re grateful for the actions of the Competition Bureau,” said Bruce Cran, president of the Consumers Association of Canada, adding he hopes to see regulators investigate more crooked pricing schemes in other industries.

Just Posted

Hope man receives letter of apology after being escorted out of Chilliwack library

Mike Wilson fears the same treatment he received Nov. 2 by security guards will happen to others

Chilliwack school kids draw ‘don’t drink and drive’ messages on liquor store bags

Children from six elementary schools decorate bags as part of promotion created by local Mountie

New exercise class in Hope fills a need for those who can’t attend other seniors fitness classes

Get Up & Go is gentle exercise with a goal of increasing quality of life and social connections

PHOTOS: Christmas comes early for Hope shoppers

Local merchants kept shops open late for Dec. 8 Ho Ho Hope Christmas Fest

Strong winds to hit B.C.’s south coast

Western regions may see winds of up to 80 km/hr

VIDEO: Ex-NASA engineer pranks mail thieves with glitter bomb trap

Package thefts are common this time of year, but YouTuber Mark Rober used his engineering skills

Lightning top Canucks 5-2 in feisty battle

NHL’s No. 1 team too much for Vancouver

Coquihalla closed between Hope and Merritt

The highway is closed in the northbound lane

FortisBC says you can return to normal gas use following pipeline fire

Utility says increased pipeline capacity, warmer weather have allowed supply to reach normal levels

CSIS collected info on peaceful groups, but only in pursuit of threats: watchdog

Security Intelligence Review Committee says fears unjustified after reviewing evidence, testimony

Canada ranks 16th on annual gender gap list

This is the second year Canada has placed 16th in the World Economic Forum’s list

VIDEO: Tornado rips through city west of Seattle

Reports indicate five to seven homes damaged in Port Orchard, Wash.

Surrey boy’s birthday wish raises $13,500 for rescued farm animals

Matthew Farden received a large donation from the mister Blake Foundation towards a sanctuary farm.

Trial date postponed for man charged with killing Abbotsford police officer

Oscar Arfmann’s trial pushed back from January to May 2019

Most Read