Understanding Profits – April 22, 2010
"Water services should meet the cost of the capital they employ (that is to say, make normal profits), just like other utilities such as electricity and gas. If they don’t, capital will be misallocated because it could produce more social value in other uses."
L’eau du Nord: Blue Gold – July 23, 2009
The Northern Waters project proposes developing Quebec’s blue gold in a realistic and environmentally respectful manner. The project would be viable even if it were limited to its hydroelectric dimension. By adding water exports, it would allow Quebecers to generate wealth thanks to the increasing demand for a rare resource found in abundance on our territory, exactly as oil exporting regions do. Given the project’s considerable benefits, limited environmental impact and reasonable costs, it deserves objective and open-minded analysis.