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Filed under: June 2007

Water Part 2

The Business of Water

The securities industry in Canada has begun packaging a variety of products that would allow investors to profit from the anticipated growth of companies in the water business. There is little doubt that the private sector has a crucial role to play in solving challenges facing a world that depends on water. But is this the investment opportunity of a generation, or a sector with so many ethical questions, social predicaments and environmental risks, that investors are better off staying far, far away? The answers may lie somewhere in between.

Now nobody wants Coca Cola, for instance, to own the local source of water (think of the outrage from Pepsi drinkers). But in the strategic planning sessions at Coca Cola, I really doubt they are discussing how to Continue…

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