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Nestlé is extracting water from Canadian towns on expired permits

news.vice.com
16 pointsnblavoie4 comments
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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.

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

hedging water. the next get rich scheme

/ Wish the upvote, can stop this from happening.

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