Nestlé is extracting water from Canadian towns on expired permits

https://news.vice.com/story/nestle-is-extracting-water-from-canadian-towns-on-expired-permits

by nblavoie • 9 years ago

16 4 9 years ago

news.vice.com

dean• 9 years ago

At least Ontario has increased the price for 1 million litres of water from $3.71.

The popular assumption that future wars will be fought over water is overblown when you consider water prices like this. I couldn't understand why the government was basically giving the water away, so I was happy to see the price increase to $503.71 per 1 million litres. Although the article says it still costs more than that to manage the ground water.

As of August of 2016, in B.C., the price for 1 million litres of water was $2.25 -- which is ridiculous. Hopefully that price will go up as well.

CyberDildonics• 9 years ago

If I could get that price I would buy a billion liters right now.

jhobag• 9 years ago

hedging water. the next get rich scheme

nwrk• 9 years ago

/ Wish the upvote, can stop this from happening.

Nestlé is extracting water from Canadian towns on expired permits

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