Nestle' Outbids Small Town on Use of Well

Small Canadian community is outbid by Nestle' on acquiring a new fresh water supply

#Environment

Sun, Sep 25th, 2016 11:00 by capnasty NEWS

With 7.6% of its territory composed of sweet water, Canada may soon be exporting it but making next to none available to locals. Reportedly, Canadian policy designed 30 years ago has allowed Nestle' to outbid a local town's attempt at securing a water source for their community. From The Guardian:

When authorities in Centre Wellington, population of about 30,000, learned that Nestlé had put a bid on a spring water well in their region, they scrambled over the summer to counter with a competing bid. The goal was to safeguard a water supply for the township’s fast-growing population, Kelly Linton, the mayor, told the Guardian. “By 2041, we’ll be closer to 50,000 so protecting our water sources is critical to us.”

From The Globe & Mail:

Bottled water is big business. During the last two decades, Nestlé’s bottled-water sales in North America exploded tenfold from $400-million (U.S.) to approximately $4-billion. “Over the last decade we’ve seen a shift away from carbonated soft drinks towards bottled water,” says Howard Telfer, a beverage analyst with Euromonitor International. “And Nestlé has been at the top of the pack, at least in North America.” It has become Canada’s largest bottled water manufacturer, and according to Euromonitor sells 9.5% of all soft drinks in Canada, making it the second-largest soft drink vendor behind Coca-Cola, and ahead of Pepsi.

I also learnt about artesian aquifers.

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