Buying and selling water is a reality in Alberta — sometimes for big money

When a moratorium was placed on the South Saskatchewan River Basin in 2006, Canada’s first market-based system to trade water licences was created. And while benchmark prices have been set, there's a lot of murkiness involved.

Buying and selling water is a reality in Alberta — sometimes for big money
A woman wearing a sweater stands in front of farm equipment.

When a moratorium was placed on the South Saskatchewan River Basin in 2006, Canada’s first market-based system to trade water licences was created. And while benchmark prices have been set, there's a lot of murkiness involved.