How Can We Sustain Our Systems?
British Columbia’s water systems will need at least $13 Billion in additional funds to replace existing pipes, pumps and equipment as it comes to the end of its useful life – about $3,200 for every man, woman and child in the province. In addition, further investment is needed to upgrade systems to meet new regulations, and address natural hazards like earthquakes and climate change.
While no one wants to pay higher fees or taxes, there is an inescapable reality that there is a real cost for the pipes, pumps, equipment, and people who operate and maintain our water and wastewater systems. By making sound choices today about priorities for existing tax dollars and setting user rates so that they cover the full cost of operating, maintaining and replacing systems, we can sustain our water systems.
Like the generations before us, it is important that we invest in our water infrastructure to ensure health and safety, not just for us, but also for our children and their children.