Fraser Institute says increasing cost of electricity, heat and gasoline hitting low-income households hardest
A new study by the Fraser Institute says the rising cost of electricity is increasing energy poverty in Canada, with more than one million households now spending more than 10% of their incomes solely on electricity and home heating fuel.
The fiscally conservative think-tank says these 1,086,860 households in 2013 — the last year for which statistics are available — represent 7.9% of all households, an increase of 9.4% since 2010, when the number was 7.2%.
When the cost of a third necessity for most families — gasoline — is added in, the number of households in energy poverty soars to 2,678,293, or almost one in five, at 19.4%.
These two greedy bastards are determined to impoverish everyone.