Combatting Canada’s Rising Flood Costs: Natural infrastructure is an underutilized option

October 2, 2018

This report demonstrates how to quantify the benefits and costs of natural infrastructure as a strong complement or a viable alternative to grey infrastructure option for flood mitigation. Natural infrastructure can be a cost-effective way to mitigate material financial losses that would otherwise result from flooding Moreover, natural infrastructure can offer other valuable environmental and […]


Recognition Prohibitions and Urban Forests

June 26, 2017

Sections PS 1000, PS 1201: Recognition Prohibitions and Urban Forests A summary of a discussion by the Public Sector Accounting Group (of the Public Sector Accounting Board – PSB) on the barriers and opportunities of treating urban trees and forests as municipal assets. (starts on page 15)


Ecosystem Services Provided by Forests in Canada: Case Studies on Natural Capital and Conservation

March 30, 2017

This report calculates the natural capital value of forests that are located on properties that are conserved by Nature Conservancy of Canada through the TD Forests program. The report includes two main parts: 1. The first part provides general background on Canada’s forests and approaches to natural capital valuation. 2. The second part presents case […]


Comprehensive wealth in Canada: Measuring what matters in the long run

January 3, 2017

This study reviewed Canada’s comprehensive wealth performance over the 33-year period from 1980 to 2013. This timeframe extends well beyond business and political cycles, ensuring that the results reveal trends free from the ebb and flow of markets and policies. Comprehensive wealth focuses on the role of people, the environment and the economy in creating […]


Ontario’s Good Fortune: Appreciating the Greenbelt’s Natural Capital 2016

November 21, 2016

This report provides an estimate of the final ecological services provided by the Greenbelt’s natural capital.


Assessment of Potential Biodiversity Market Partnerships in Ontario

October 7, 2014

Alternative Land Use Services (ALUS) is a non-profit organization based in Ontario that manages the rehabilitation of ecological services in communities across Canada and participates in the Canadian voluntary compensation market. Due to the challenges of adopting Payments for Ecological Service, AMOVEO, a student organization at the University of Waterloo, partnered with ALUS in 2012 […]


Analysis for Great Lakes Nutrient Initiative: Lake Erie Cost of Algae Scoping Report

October 7, 2014

In Canada’s Economic Action Plan, the federal government will invest $16 million in the Great Lakes Nutrient Initiative for a four-year period to address the recurrent toxic and algae issues in Ontario’s Great Lakes. For the Great Lakes Nutrient Initiative, Environment Canada retained Midsummer Analytics to provide insight on the factors and methodologies for evaluating […]


Urban forests: the value of trees in the City of Toronto

June 9, 2014

This report by TD economics appraises the value of some of the ecosystem services provided by Toronto’s urban forest. Values are capitalized for the entire urban forest, and per-tree, and also reported as an annual flow for the entire urban forest and per tree and per household. The report concludes that “Urban forests do more […]


The economic value of natural capital assets associated with ecosystem protection (in Aurora)

May 26, 2014

The purpose of this report is to conduct an initial baseline estimate of the benefits provided to residents of Aurora from the existing stock of natural capital in the Town. From this baseline analysis, economic costs associated with changes to the features related to natural capital can be factored into future land use decisions and […]


Measuring ecosystem goods and services in Canada

December 10, 2013

Measuring ecosystem goods and services in Canada presents information on the quantity, quality and value of Canada’s ecosystems and ecosystem goods and services (EGS). The report presents preliminary results achieved through a two-year interdepartmental project to develop experimental ecosystem accounts and the required statistical infrastructure. It provides an overview of ecosystem accounting and valuation, several […]