the value of trees in the city of toronto - moneytalk · 2018. 7. 11. · toronto’s urban forest...
TRANSCRIPT
Annual Benefits
Annual Benefits
Annual Benefits
Annual Benefits and investment returns quoted are estimated annual figures for the City of Toronto.
Source for all information contained herein: Toronto Parks, Forestry and Recreation; Special Report TD Economics June 2014
DISCLAIMER: The information contained herein has been provided by TD Wealth and is for information purposes only. The information has been drawn from sources believed to be reliable. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. Graphs and Charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. TD Wealth represents the products and services offered by TD Waterhouse Canada Inc., TD Waterhouse Private Investment Counsel Inc., TD Wealth Private Banking (offered by The Toronto-Dominion Bank) and TD Wealth Private Trust (offered by The Canada Trust Company). All trademarks are properties of their respective owners. ®The TD logo and other trade-marks are the property of The Toronto-Dominion Bank.
10,000,000
The value of trees in the City of Toronto
61% $5.28/tree
$0.63/tree
$1.87/tree
35%
$1.35 -$3.20
$700
6%Private Property City park and
natural areas
Trees are present in the City of Toronto
Trees cover nearly 30% of (190 km2) of the City of Toronto
City StreetTrees
Property ValueTrees increase property value, support higher rents, and generate more property tax revenue for municipal governments.
Energy SavingsTrees can reduce the energy consumption of buildings by providing shade, cooling and blocking winter winds. The annual net cooling effect of a young healthy tree is equivalent to ten room-sized air conditioners operating twenty hours a day.
Big Vs. SmallBigger trees absorb up to 10 times more air pollutants, 90 times more carbon, and contrib-ute up to 100 times more leaf area to our urban forest canopy relative to smaller trees. So, maintaining and helping trees grow is important.
MaintenanceTrees have a good return on investment. For every dollar
spent on maintenance in Toronto’s urban parks, trees
return $3.20 to the community, but this number can vary based
on the type of land on which the trees are located. Trees in some urban areas will be
harder to maintain.
Wet Weather Flow ReductionTrees reduce damage and soil erosion from precipitation by
intercepting snow and rain, and increase the amount of water
absorbed into the ground.
Air QualityTrees produce oxygen, absorb air pollutants, and capture dust, ash, dirt and pol len in their canopy. Toronto’s urban forest removes about 1,900 metric tons of air pollu tion from the atmosphere annually.
The trees in the City of Toronto’s urban forest are worth an
estimated $7 billion, or about $700 per tree.
The return on investment on every $1 spent on maintaining a tree
Urban forests--the trees and shrubs in our city--play a bigger role than just beautification; the green space is important for the environment, human health and quality of life. TD Economics dem-onstrates how an investment in urban forests contributes to the economic and environmental well-being of the city.
Cost of Replacement