Island Waste Management Corp. seeks rate increase
The Guardian
The Island Waste Management Corporation has made an application to the Island Regulatory And Appeals Commission for a rate increase.
The application proposes an increase to the annual household fee, which would increase rates from $195 to $199.85 per year, and the commercial tippage fee, which would increase rates from $99 to $100 per metric tonne. IWMC also proposes small increases for a number of other fees.
“Waste Watch is an excellent program that greatly reduces the amount of waste in Island landfills,” says IWMC CEO Gerry Moore.
“The rates Islanders pay to keep this environmentally friendly program up and running are more than reasonable, as is this small rate adjustment, which is the first such adjustment in four years.”
Moore noted any potential rate adjustment applications must be reviewed and approved by the Island Regulatory and Appeals Commission, as with other public utilities, in order to ensure transparency and accountability for taxpayers.
“IWMC staff are vigilant about controlling operating costs,” said Moore. “Rate adjustments are considered only as a last resort in order to balance revenues and expenses. But there are certain input costs such as fuel, electricity, and other operational costs that are beyond our control as a corporation, just as they are for individuals and other organizations in both the public and private sector, and those costs continue to rise.”
If approved, the rate increases would be in effect January 1, 2010.
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BS from PE writes: up the rate IRAC, and I will be burning all my garbage in the middle of the road!
Last thing we need is spending more money while we are in recession.
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Mark from PEI writes: So where does one get to read the whole proposed fee schedule? There is nothing on their website. Makes you wonder what IWMC also proposes small increases for a number of other fees includes? I don't see anything going down these days except salary...
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when will it stop from PEI writes: Can't IWMC just apply for a few PNP units and balance the books that way?
Joking aside, this is ridiculous. IWMC is a govt corporation that is funded by tax dollars and they are asking for more. Did they not read that many people around the island are hurting and are NOT able to balance revenues and expenses!!
Mr Moore and his board may be concerned about the financial position of IWMC, but someone has to step up and look at the big picture here.
Unlike his days in the Irving empire where prices were set in response to the market and there was competition to keep those prices in check.... this is a different game here. IWMC has a monopoly in PEI. And there is even more reason for oversight and relief to the tax payor.
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Jason from pei writes: Why dont they credit the $800,000 they made from recyclables towards the rates?
But on the other end of the scale, I would perfer to see IWMC have a small increase once a blue moon then gas and electric jumping everytime we blink.
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sjj jen from chtown, p.e.i. writes: we pay to much now but i'am irac will up the rate because thats what they do best i only wish i was younger and then i would start a company up and i know i'd make money because irac is like a pot of gold to the company's of p.e.i. that want to screw the tax payer over
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Dan Amendola from Levi, Qc writes: $5 increase= $0.41 a month
$5 increase= $0.01 a month
If thats all is costs(extra) to keep the Island the talk of the nation then so be it. Canadian's all over the Country envy your system.
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bannie ============== from chtown, pei writes: Irac is only for companies and not for
the little people as they should be.
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Charlie from Prince Edward Island writes: There is no persuasive argument for this increase. No logic what so ever. Simply IWMC sending in a request for more of my hard earned dollars. I can just hear the talk around the boardroom. We'll just ask for a few dollars more. Nobody will care. IRAC will surely approve it. I only need my black cart picked up once a month, but I don't hear IWMC offering me a decrease in my rate. Thieves, I say.
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BUDDY from P.E.I. writes: I just drove by IWMC and noticed a nice freshly paved parking lot. Mr. Moore was supposed to be put in this job to stop the waste. Obviously he is not doing his job. Maybe we should replace Mr. Moore and find a non Political Hack that knows how to run a Business like it was their Own instead of running like oh well the Tax Payer will bail us out anyway attitude.
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Darlene from P.E.I. writes: I'm not surprised...I guess IWMC has to pay for their newly paved parking lot somehow....
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redman from pe writes: The appointees to the positions, particularily the ceo should get their acts together and operate like a business and not just up the rates each year
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Walt from PEI writes: Environmentally friendly program? Yes, but certainly not user friendly, what about a weeknight drop off in the summer, free drop off for garden materials when they won't pick it up, hell I am willing to save the trucking and they charge to drop it off.
Islanders have been extremely cooperative with IWMC. Probably the best participation in the country. But what do we get back, higher rates and no flexibility.
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Hardened Taxpayer from Pe writes: I find it hard to believe that a crown corporation needs a rate increase...why not just increase the revenue flow from the province and increase our taxes(actually what they are doing anyway but just passing the buck to IWMC) as the collection fee is just another form of taxation anyway. I fully agree with the program but I would like to see some transparency........what is the increase for exactly?????
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Gerry from pe writes: in order to ensure transparency and accountability for taxpayers
This is a joke. What would IRAC know about transparency and accountabiity?
The IRAC process is just a formality for the never ending inevitability, taxpayers being held hostage again.
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?????? from pe writes: How much garbage do you folks produce?
$5/year? Half the cost of a pack of smokes. A lottery ticket with everything on it is $4.
And you expect anyone to take you seriously? What a bunch of whacko whiners!
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Walmart Employee from pe writes: Oh the myth of the poor islander. I see them everyday. Don't pawn off that cr@p story that most islanders can't make ends meet.
The store is full all day with islanders buying things that they don't need. Unless you are going to tell me Nintendo wii is a basic staple of existance, children will grow up malnourished if they aren't filled to the brim with Coke and Pepsi.
If they can't make ends meet, it's their own d@mned fault and not IWMC.
I can almost guarantee I make less than 98% of you, and I can afford the $5 a year. What's your excuse?
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No more BS from pe writes: Look at the 5th floorers pretending to be average folks to lie to the public.
I see through the deception. If you expect me to believe that the average islander can affor a wii, than I know you are a liar. And coke and pepsi are cheaper than milk because you are giving way too much subsidy to farmers at the expense of the rest of us.
Makes me sick. That money is taking food out of the mouths of islanders. absolutely disgusting.
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