Pros And Cons Of Water Privatization

385 Words2 Pages
Privatization leads to increases in prices- Rate hikes have been used in Canada and other countries as a way for private water companies to maximize profits. The main thing these companies care about is profit, which translates into higher prices and worse service for consumers. The companies aren’t required to provide water or service when water is a marketable object rather than a human right. So, when consumers can no longer afford the price increases, water delivery is simply shut off. Privatization ruins Water Quality-A big example comes from the small town of Walkerton in Ontario where seven people died and 2,300 others became ill as a result of E. coli contamination in the drinking water.6 A&L Laboratories, the private company required