Floods, droughts and major storms that wash out highways, damage buildings and affect power grids could cost Canada's economy $139 billion over the next 30 years, a new climate-based analysis predicts. The report, titled Aquanomics, was published Monday by GHD, a global engineering and architecture services firm. In an interview with CBC News, the firm's Canadian water lead Don Holland said that the value of water and the costs associated with it are underacknowledged.
Water: Preserving a precious commodity
McGill Bioresource Engineering Professor Chandra Madramootoo – a member of the steering committee of the Global Framework on Water Scarcity in Agriculture – expands on the theme of this year’s World Water Day: Valuing Water, and describes the goals of the federal government’s Canada Water Agency, which is in the process of being created. He is contributing to this effort.