Running Through Our Fingers: How Canada fails to capture the value of its top asset

Prepared by Steven Renzetti, Diane. P. Dupont and Chris Wood for the Blue Economy Initiative

Running Through Our Fingers: How Canada fails to capture the value of its top asset

When the federal government undertook an inquiry about water in 1985, economist Andrew Muller attempted to find out. He came up with an estimate of between $7.5 and $23 billion. Running Through Our Fingers is an attempt by Steven Renzetti and Diane Dupont — two of Canada’s best environmental economists, to revisit Muller’s analysis and articulate the value of water’s contribution to the Canadian economy.