More than that, it's the price of monopoly in a large municipality like Toronto, where $100 million is flushed down the drain. You could build four water treatment plants in smaller municipalities in southern Ontario with that money. For every monopoly that exists in a large urban municipality, there are five, six or seven municipalities on a smaller scale that are getting the short end of the stick.
On May 9th, 2013. See this statement in context.