- 2015 Federal Election
LETTERS: Profiting while seniors sink
Re: Rising rates adding to seniors’ burden, April 3 editorial.
Your editorial is correct in noting the burden placed on some seniors by rising corporate rates.
While Hydro and ICBC made a profit last year, no reductions were passed along to customers.
The government extracted around $300 million from each corporation which flowed into its sinkhole to “balance the budget.” So they say.
A sinkhole is “a hole in the ground providing a route for surface water to disappear underground.” So apt.
Mary Garner, White Rock