LOBLAWS: May not be the biggest corporative thief

This grocery giant may just have been replaced as the biggest thief in the corporate community by elexiconenergy.


Loblaws has been criticized for price gouging many times, so many it had been crowned as a corporate capitalist crook in the public eye. It had even been caught price fixing a household staple, bread, a few years ago.

Well, the crown of corporate capitalist crook may have found a new place, elexiconenergy, electricity provider for much of southern Ontario, the area known as Durham.

Almost 10% increase
A receipt statement change increased the monthly hydro rate from $157.00 to $172.00, an increase of 9.55%. The current inflation rate in Canada is 2.78%. Even if the company tripled this user’s hydro rate, it would still be less than the rate charged, 8.34 vs 9.55. Something is drastically wrong if a service company serving a large part of Ontarians can get away with such gouging and exploitation.

elexiconenergy is a company that robs people, a corporate thief.

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