Skip to main content

Each Toronto tree valued at about $700

Hug a tree – it’s saving you money, according to a report from TD Economics released Monday.

According to a new report, the trees in the City of Toronto’s urban forest are worth an estimated $7 billion, or about $700 per tree.

The report looks at Toronto’s urban forest of 10-million trees from an economic perspective, calculating the value each tree provides by saving energy, keeping rain and snow off the streets and absorbing pollution.



Toronto’s urban forest is worth $7-billion — or $700 a tree | Financial Post

Comments

Popular Articles

Taste of Downsview at second edition

Festivals are great. This one started in 2014 and it's at the second edition.

Sexual Assault in our area investigated

Toronto Police is seeking the assistance of the public in investigating a sexual assault that took place in the Keele Street and Downsview Park area.

Subscribe Now!

Subscribe in a reader, or by email:
Your email: