from Edmonton Journal

OTTAWA — Alberta faces a water shortage, along with threats to its environment and economy, unless the province adopts better water-management policies, according to a study released Thursday by the C.D. Howe Institute.

In the study, University of Lethbridge professor Henning Bjornlund writes that without a modern system for reallocating access to water, particularly from prior licence-holders to new users, Alberta's economic development and its ecosystems could be threatened.