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The Value of Trees to Our Local Economy

Have you ever wondered what that tree on your boulevard is actually worth?

 

Last month TD released a report by Craig Alexander, SVP & Chief Economist and Connor McDonald, Economist that helps to quantify the economic benefits of trees and while the report dealt specifically with the City of Toronto I think it is thought provoking regardless of where you live.  Hopefully this will create dialogue within communities and stimulate discussion about why municipalities need to continue to invest in their urban forests.  Information such as this is also valuable because it provides politicians and administrators with ammunition when faced with budget restraints or decisions relating to items competing for financial resources - well done TD!

 

So plant a tree today - it's probably a good investment!

 

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