Exposed: Canada's Economic Action Plan Props up Bottled Water Company



    OTTAWA, Aug. 26 /CNW Telbec/ - Today's announcement from the Office of
the Minister of State, Denis Label, that Canada's Economic Action Plan will
provide $1,631,600 to bottled water producers Eaux Vives Water Inc. raises a
number of major concerns:
    The announcement erroneously states that Eaux Vives Water is a Saint
Mathieu-d'Harricana, Quebec firm. While Eaux Vives Water has a plant in
Quebec, its head office is located in Toronto and it is listed by the U.S
Securities and Exchange Commission as a subsidiary of Morgan Stanley.
    In North America, recent industry data shows that the bottled water
sector has a diminishing market value and may not be able to create the
long-term employment intended by Canada's Economic Action Plan.
    Bottled water is an environmentally harmful product filling landfills and
causing carbon emissions.
    "Canada needs sustainable long-term jobs; however, it is clear that
investing public money in a diminishing sector with a negative environmental
impact - and to a business that is partially owned by a large US corporation -
will not create the jobs Canadians so desperately require," explains Richard
Girard, Research Coordinator for the Polaris Institute.




For further information:

For further information: Richard Girard, Polaris Institute, (613)
237-1717 ext 105; Joe Cressy, Polaris Institute, (613) 668-5542

Organization Profile

POLARIS INSTITUTE

More on this organization

Green News

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890