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

The Jane and Finch Hotel Dispute

A work dispute in the hospitality industry is entering a more acute phase at Jane and Finch.

Social Housing Demolitions at Jane and Finch

Social Housing, otherwise known as subsidized housing or TCHC projects is a subject fraught with controversy. Conversely, the news of “upgrading” such apartments at Jane and Finch will be met with various degrees of approval in our community.

Giorgio Mammoliti Hypocrisy on Toll Roads

Toll Roads may not be an optimal solution, but with Toronto willing to maintain the lowest property taxes in the are while cementing its reputation as a world class city, alternate sources of financing have to be found.

Subscribe Now!

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