Urban Forests: The Value of Trees in the City of Toronto

Highlights

• Urban forests are made up of the trees, shrubs and other flora and fauna that line the streets, parks and ravines of our cities.
• Urban forests do more than beautify the scenery. They represent an important investment in environmental condition, human health and the overall quality of life.
• The trees in the City of Toronto’s urban forest are worth an estimated $7 billion, or about $700 pertree.
• Toronto’s urban forest provides residents with over $80 million, or about $8 per-tree, worth of environmental benefits and cost savings each year. For the average single family household, this works out to $125 of savings per annum.
• For every dollar spent on annual maintenance, Toronto’s urban forest returns anywhere from $1.35 – $3.20 worth of benefits and cost savings each year.
• Maintaining the health of our urban forests is the best way to protect the value of our green investment.

Full report in PDF format is available here.

Disclaimer

This report is provided by TD Economics. It is for informational and educational purposes only as of the date of writing, and may not be appropriate for other purposes. The views and opinions expressed may change at any time based on market or other conditions and may not come to pass. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. The report does not provide material information about the business and affairs of TD Bank Group and the members of TD Economics are not spokespersons for TD Bank Group with respect to its business and affairs. The information contained in this report has been drawn from sources believed to be reliable, but is not guaranteed to be accurate or complete. This report contains economic analysis and views, including about future economic and financial markets performance. These are based on certain assumptions and other factors, and are subject to inherent risks and uncertainties. The actual outcome may be materially different. The Toronto-Dominion Bank and its affiliates and related entities that comprise the TD Bank Group are not liable for any errors or omissions in the information, analysis or views contained in this report, or for any loss or damage suffered.