24 min

What does it mean when water is traded as a commodity‪?‬ The Big Story

    • Daily News

It could be a sign of the oncoming resource apocalypse. It could be a useful tool to determine the market value of regional water reserves. It could just be an experiment that goes no further than a small part of California. Or it could be the first domino to fall on the march towards commodifying the basics of life.
Either way, water futures are now being traded on the Chicago Mercantile Exchange. And as one of the most water-rich countries on the planet, it's critical that Canada is paying attention.

It could be a sign of the oncoming resource apocalypse. It could be a useful tool to determine the market value of regional water reserves. It could just be an experiment that goes no further than a small part of California. Or it could be the first domino to fall on the march towards commodifying the basics of life.
Either way, water futures are now being traded on the Chicago Mercantile Exchange. And as one of the most water-rich countries on the planet, it's critical that Canada is paying attention.

24 min

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