Starting Aug. 1, water bottlers will pay $503.71 for every million litres of groundwater, compared to the previous fee of $3.71.
"Trucking it thousands of kilometres across the country creates needless pollution."
This won't exactly ruin Nestle's bottom line.
Nestlé currently draws 3.6 million litres every day nearby.
Go on and boycott Nestlé. Here's a handy guide to all their products. But realize that despite Nestlé being a bad corporate citizen and the world's biggest bottler of water, boycotting them will not solve the problem. The issue isn't just bottled water, it's that we allow companies to drain our water table for what amounts to free. It's time to disrupt the entire beverage market's business model, which is to extract an ingredient for basically free and sell it for an absurd amount. We need to charge them a rate for that extraction that serves the public interest.
"The water crisis is at our door here in Canada."
Ontario's Liberal government is giving away our water. The ridiculously low water-taking fee in Ontario only covers 1.2 per cent of the province's total water quality management costs. This means the Liberals are using my -- and your -- tax dollars to subsidize companies to take our water.
"This is huge money. Water is you know … I always call it the new gold."
Can the water be bought and sold? Does the licensee have an ongoing right to receive the water?
Once the money charged is above the government's cost, and it can be seen to be making money, the groundwater becomes a commodity -- and under FTA and NAFTA we cannot turn off the taps, even if we are at a Level 4 drought situation.