Cold Lake business owner and homeowner Ed Machtmes says that despite putting $50,000 into his house over the past five years to make it as energy efficient as possible, his utilities amount to 25 per cent of his cost of living right now.
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“I’m in a more impoverished shape now than when I was in my 20s,” he said. “With the economic downturn, the pandemic and now th doubling of my utilities for my business and my house, I have had to take out a second mortgage just to stay afloat.
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“Now we work twice as many hours for half the income. My wife has had to take a second job on top of working at our business. I'm 55 years old. We should not be working 12 hours a day, 6-7 days a week just to make ends meet, let alone try to save for a retirement fund.
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“Why is one of the wealthiest provinces in the country paying some of the highest utilities rates and fees? We are paying absolutely ridiculous rates in Alberta.”
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