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Originally Posted by tiger_handheld So in the eyes of a Sheik, they would probably negotiate a better rate with Nestle, |
First, we don't SELL water to anyone.
Second, in case you were too lazy to Google... if we were to start selling water to anyone, it would become a commodity under NAFTA, and we would lose control of it. What Nestle pays now is essentially an administration fee, but the water itself is free... meaning we could cut them off any time, as the water is ours. If they start paying for it as a commodity, however, it falls under NAFTA control, and if did cut them off, we'd probably lose in a court challenge and have to pay all sorts of fines and damages.
So... keeping it free means BC retains full control.
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sell the excess to LA and probably import it back to BC at lower rates (exactly how Hydro operates) during low usage times.
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This may be the stupidest thing I've ever read on RS. Timpo and CiC look like utter geniuses compared to this statement.