http://blogs.ubc.ca/reemabhide/2014/09/10/nestle-extracting-b-c-s-drinking-water-for-free/

In her article “Nestlé extracting B.C.’s drinking water for free“, criticizes the fact that Nestlé does not have to pay for the water they take from the ground while the customers are charged $1.19. I totally agree with her  in the fact that the company should not only focus on making more profit but should also think about all the stockholders, including the community.

But, how can the company care about the community if there is not any regulation that protects them? The company should just charge the customers for the cost that the company faces during the extraction of water, costs such as  machinery, employees,  administrative expenses and many others. As stated by Reema, it is unfair for the District of Hope to pay that price.

If there was a law, the company would pay for the water they extract just as it happens in some places in Ontario. However, this money would go to the government and therefore would not benefit the consumers because the price of the product would not decrease. In my opinion the most effective solution  would be that the government and Nestlé came to an agreement to decrease the price of the water that belongs to the community. As my classmate said, it is not ethical from the company to do this and I think that some actions should be taken inmeadiatly.

References

Bhide, R. (2014, September 10). “Nestlé extracting B.C.’s drinking water for free” | Reema Bhide’s Blog [Web log post]. Retrieved from http://blogs.ubc.ca/reemabhide/2014/09/10/nestle-extracting-b-c-s-drinking-water-for-free/

Fumano, D. (2013, August 14). ‘Wild West’ of groundwater: Billion-dollar Nestlé extracting B.C.’s drinking water for free – Local – Times Colonist. Retrieved October 4, 2014, from http://www.timescolonist.com/news/local/wild-west-of-groundwater-billion-dollar-nestl%C3%A9-extracting-b-c-s-drinking-water-for-free-1.587568

[Graph]. (2014). Retrieved from http://eraoftechnology.wordpress.com/2014/03/15/over-inflating-your-opinion/