Comment
Nestle is taking almost 5 million litres a day which sells for $.25 a litre at grocery stores on sale (Sobeys 24x 500ml for $2.99).
That works out to $1,250,000 in retail sales PER DAY.
However, If a fast-food place buys them at 10 cents a bottle and sells for $1 - that's $10 million in sales PER DAY!
What do Ontario's taxpayers get out of this?
5 times $503.71 per million litres extracted = $2,500
Given the high rate of water bottles NOT being recycled, therefore contributing to excess garbage and landfill, contributing to the plastic ocean - is that anywhere close to a fair price - I think NOT!
AND do we really want to subsidize consumer behaviour that is totally unwarranted in most communities in Ontario?
Make consumers buy bottled water at a price that also pays for the garbage left behind. And that starts with making Nestle and others pay a much higher fee like $5,000 or $50,000 per million litres.
STOP SUBSIDIZING bad behaviour AND high corporate profits! The planet will thank you for that.
Submitted November 20, 2019 6:18 PM
Comment on
Proposal to extend the current moratorium on water bottling permits
ERO number
019-0913
Comment ID
36213
Commenting on behalf of
Comment status