Going with the Flow? Evolving Water Allocations and the Potential and Limits of Water Markets in Canada
Canadians are just beginning to understand that fresh water is both precious and scarce. Renewable freshwater is approaching full allocation in many regions. This has prompted debate on reforming water allocation policies to promote the long-term sustainability of our renewable freshwater resources.
This report describes some of the key mechanisms available to allocate water in times of scarcity, with a particular focus on markets and market mechanisms. It highlights some of the advantages and disadvantages, as well as recent experiences in jurisdictions—such as Alberta—that have begun to include markets formally in their water allocation framework.
Published by the University of Victoria’s POLIS Project on Ecological Governance and LOOP Initiatives in Ottawa, in partnership with The Conference Board of Canada, the full report by Oliver M Brandes, Linda Nowlan and Katie Paris is available for download at the POLIS Water Sustainability Project Website. Click on Going with the Flow?
Posted April 2009