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|    Message 23,391 of 24,289    |
|    JM to All    |
|    Re: New Water Act    |
|    19 Oct 13 14:06:39    |
      XPost: van.general       From: invalid@invalid.ca              >       > Under the new rules, large-scale users now able to use water without       > limit and without cost will pay an annual fee and 85 cents for every       > 1,000 cubic metres of groundwater used.       >       > For example, a Nestle Canada plant in Hope, B.C., that bottles an       > estimated 71 million imperial gallons — 319.5 million litres — of       > water for sale annually, would pay about $265, Polak said.       >       > Overall, the new fees for groundwater are expected to put $5 million       > annually into the provincial coffers. By comparison, the fee regime       > for surface water that has been in place for many years, generated       > about $7 million a year.       >                     The arthmetic is correct.       There are 1000 litres in one cubic metre.       So, 319,500,000/1000/1000*$0.85 = $271.50              That's the "variable" part. What is not disclosed is the amount of the       annual fee. Hopefully, it's going to be a little bit more significant       than $270.00 plus or minus spare change.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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