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

Stabbing in Downsview and tow truck driver pandemonium

Police is investigating a stabbing in our area and tow truck drivers are protesting a new law.

Condo proposals as art

Two artists have started trolling Old City Hall (and, presumably, other sites) with fake “Development Proposal” signs as a commentary on the condo boom.

Andrei Zodian for City Councillor!

We learned that our president and founder is considering running for office.

Subscribe Now!

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