TD Bank showcases it’s leadership by releasing a unique report valuing Toronto’s Urban Forest at 7 Billion.
This spring TD Economics released a special report on the economic value of the environmental and social benefits provided by Toronto’s 10 million trees. The report drew a surprising amount of interest, and not just among those working in the urban forestry and environment sector but from the public at large, which tells us there’s a thirst for information that defines the economic value of the benefits provided by the natural environment. And it’s easy to see why – it makes the business case for preserving and growing our forests and other “natural capital.”
I’m often asked why TD Economics would pursue what is a somewhat unconventional area of study for a big bank. The answer is fairly simple. There’s a strong link between the environment and the economy. TD has made a commitment to be an environmental leader, and part of that means providing thought leadership that can help drive the important conversations we need to have about the environment.
Visually stunning and environmentally progressive condo buildings and office towers are appearing in Europe and Asia in recent years, including the Bosco Verticale in Milan, Hearst Tower in New York, and Urban Cactus in Rotterdam. Corporations and condo developers take note … whoever construct the first of this type of building in Canada can really make a statement. I talk to Andrew McAllan of Oxford Properties to see when that might happen.
