Showing posts with label British Columbia debt. Show all posts
Showing posts with label British Columbia debt. Show all posts

Thursday, August 15, 2013

"Stumpage-free" Nestle Waters


"Everyone should pay", says Nestle Waters.
We residents do pay.
But they don't.

Because of a 104 year old Water Act in this province, Nestle Waters doesn't have to pay to extract water from a British Columbia aquifer in Hope, B.C.

Yet other corporations--multinational forestry companies--pay for timber they harvest from our province.
Imagine getting their timber for free!

Nestle Waters' annual water extraction in Hope is reported to be 230 million litres, which is 230 thousand cubic metres. 
I bet Tolko Industries, Canfor, West Fraser Timber, Western Forest Products, Catalyst, etc. would love to get free timber!
So Nestle Waters is basically saying they're above the requirements of the forest industry which also extracts a resource from the province...the timber that is owned by the citizens and taxpayers of British Columbia.

British Columbia is the only province in Canada that doesn't charge corporations for water extraction!

Good corporate citizen or greed-driven corporation run by bean-counters?
Nestle Waters is also being accused of wanting to drain water out of a town in Ontario. 

And for Nestle Waters -- a multinational corporation -- to say that if they have to pay to extract water--for resale--from the aquifer at Hope BC, then "everyone should pay."

Really!
How magnanimous of Nestle.
Since 2008, Nestle Waters is the largest bottled water company in the World.
But they don't want to pay tax on the resource.

Nestle says they have a partnership with public authorities.
Yeah, we see how they'd come to that conclusion with our lax laws.
Partnership indeed!

But now British Columbia's Water Act is finally undergoing review after more than a century.

Yet--as is typical of anything that government bureaucrats do--there's such monumental crap that occurs for years that nothing gets accomplished for a long, long time.    Government conducts focus groups and stakeholder meetings, and steering committees...yabba yabba yabba ad infinitum.

While our government has created a huge website on the modernization of the water act--notice that the illustration on this page shows Vernon in the Okanagan Valley, where we pay plenty for water--there's nary a mention of actually charging corporations, especially a non-Canadian corporation like Nestle Waters (though their registered name is Nestle Waters Canada) who extract water from British Columbia's aquifer for resale as bottled water, by the cubic meter or U.S. gallon.

A comparison would be that our forested lands are harvested, without log scaling (measurements) and stumpage payments (tax) to government for the raw cost of the resource!  Outrageous!

The B.C. Government says it will regulate groundwater use in priority areas and large groundwater withdrawals. You'd think that government would get on that immediately!
Especially since the B.C. government is so desperate for tax dollars.

Nope.
Akin to the Wild Wild West, British Columbia's government has been dragging their heels for nearly 20 years!

Daily thousands litres of water are being extracted by multinational Nestle Waters while our bureaucrat-heavy government sits on its hands and conducts meetings year after year after year.

Doesn't government realize they're giving our water away to commercial corporations--who then resell it to us?  Apparently that's not high on the list, despite the government webside stating "B.C. uses more groundwater than any other province except Ontario. Much of it is actually used for sustaining the province’s economy (e.g., commercial, industrial irrigation and aquaculture uses)."

Duh!  Ya think?

Annually, Nestle Waters Canada extracts 230 million litres of fresh water from the aquifer in Hope, B.C., the same aquifer used by residents. 

Nestle appears to believe that 75 full-time jobs at the plant are sufficient payback for getting our water for free.  The food and beverage giant is not required to pay for the water because of B.C.’s lack of regulations on its use.

And while the Water Act undergoes its years-long tweak, there's no indication from our government that there'll be a retroactive tax payment for extraction when the updated Water Act is finally approved by the legislature.
So it's a free-to-Nestle water resource.

Our government blathers on about our getting involved in our own communities.
Typical smoke-n-mirrors from our B.C. government.
Residents in Hope have been contacting Nestle Waters and having meetings with their council for years, all without any change as the Nestle plant continues to grow and increase their extraction of our resource...for free.   The government is saying they will come out with a water sustainability act next year but they’ve not indicated whether the act will charge companies like NestlĂ©. 

So what should Nestle Waters pay to the British Columbia government?

How about the same as residents!

We pay 51 cents for a cubic meter of water (a cubic meter of water equals 1,000 litres).
Nestle Waters' annual extraction in Hope BC  is reported to be 230 million litres, which is 230 thousand cubic metres.
At 51 cents a cubic meter, Nestle's "stumpage" (water tax) would be $117,300 annually.

A drop in the bucket.

"How about boycotting Nestle Water until they understand that they SHOULD pay water extraction stumpage," suggests Kia.

Join THAT hydration movement.

Turns out that elite families all over the world are buying up water sources.  Jenna Bush, the daughter of former U.S. President, George W. Bush, bought land in Paraguay...conveniently above an aquifer.
So did Billionaire T. Boone Pickens, among others.

"Water is the oil of the 21st Century," stated the CEO of DOW Chemical Company.
  

Wednesday, July 31, 2013

Government Dishonesty


They lie to their citizens.
They create unparalleled debt that burdens us today.

"...a debt tsunami of global proportions".

"...the right to create the nation's money was usurped by the publicly owned but privately controlled Bank of Canada in 1935 that our debts started their meteoric rise." 


Debt cripples successive generations.
It'll never be paid off.
Never.

Are we talking about a third-world government?  Yes, but...
First-world nations and provincial governments are no better.


This letter to the editor by Dennis Milligan, published today in the Morning Star, is excellent and deserves to be widely distributed.

"...lending at usury was considered a heinous crime..."


Entitled Debt Clock Points to Bigger Problem, Dennis tells it very well:

"Your July 5th edition showed a photo of the Canadian Taxpayers Federation's mobile debt cock.

It indicated that British Columbia's provincial government debt stood at $57.5 billion.  Confusingly, the photo's caption refers to it as the federal debt clock.

I'd like to clarify a few issues that arise from that error.

B.C.'s debt is indeed $57.5 billion and it costs B.C. taxpayers well over $2 billion to service that debt every year, even at today's record-low interest rates.

The federal government's debt is now $616 billion and, according to StatsCan, costs Canadian taxpayers $160 million a day.

Add the $600 billion owed collectively by the provinces and the $1.6 trillion of domestic debt -- mortgages, business loans, credit card debt, student loans, etc. and you will see that it's nearly three times Canada's $1.3 trillion GDP -- the value of our entire economy.

And we still haven't accounted for municipal government debt or $1 trillion in unfunded liabilities like CPP, EU and Medicare for which no funding has been set aside.

We are in deep trouble and the subject should be top of every government agenda.  Governments are not telling us the truth about the seriousness of our debt problem and are doing taxpayers a great disservice when they suggest that what we are facing is merely a slow-down in the world economy.

We are in fact facing a debt tsunami of global proportions and harsh solutions like raising taxes even further, cutting social programs or selling off public assets are but Band-Aid attempts to delay the inevitable bankruptcy that stems from a debt curve now going ballistic, largely because of compounding interest.

How do we ever get out of such a mess?  Well, in biblical times, when lending at usury was considered a heinous crime, the simple solution to un-repayable debt caused by money-lenders' interest lay in declaring a Jubilee.  Every 50 years, all debt was forgiven.  Leviticus: 25 spells it out pretty clearly.

The constitutionally based policies that guided Canada from the time of Confederation in 1867 to 1934 kept the nation on a virtual flat-line of debt.

It was only after the right to create the nation's money was usurped by the publicly owned but privately controlled Bank of Canada in 1935 that our debts started their meteoric rise.

The answer looks pretty simple -- return to government-created money administered and controlled by an accountable Minister of Finance and thus recover from the international banks the sovereign right bestowed upon our elected government by Section 91 of the Constitution Act.

It's time to face the simple fact that government debts are now absolutely unrepayable under our presently fatally flawed debt money system and that our debt clock is somebody's profit clock.

With all 122 nations of the world in debt who do we owe it all to if not a faceless and flawed private banking system?  It would be totally unconscionable to pass this burden on to our children unaddressed."
Dennis Milligan
 

"Dennis has my vote for Premier, or Prime Minister...heck, how about Mayor?" offers Kia.

And for our friends south of the border, here are some numbers based on who was in power.
Frightening indeed. 

"I see the demise of the 'middle class'," predicts Kia.