INVESTING IN ECOSYSTEMS- THE SUSTAINABLE RENEWAL OF THE CANADIAN ECONOMY DMM DEPARTMENT MB Enterprises
The sustainable renewal of the
one of the costliest in the Canadian
and other living things. However, in a
Canadian economy has huge
history.
more sophisticated way, we can say
dependencies on how effectively can
that it is defined as the interactions
the Govt. of Canada make fruitful
Some more realistic research
between the living organisms and the
investments in the Ecosystem.
includes from The Canadian Food
non-living components in a particular
According to a sustainability report
Inspection Agency. According to the
area.
from The World Economic forum’s
estimates the annual impact of
most recent Global risk report, the
invasive species on the Great Lakes
A variety of the types of natural
Top five threats for the survival are
and the agriculture and forestry
ecosystems found in Canada are
environmental. As an example we
sectors accounts to $30 billion per
forests, wetlands, grasslands, tundra
can mention the 2013 southern
year. Furthermore, regards to
lakes, rivers and the coastal and
Alberta floods which caused $2billion
Forestry, The Canadian forest
marine systems. This is after the
in insurable losses.
Services estimates that the Emerald
transformations from the humans that
Ash Borer invasion will result a huge
these natural ecosystems have been
This is simply a demonstration to the
cost of $ 2 billion in tree damage.
modified according to the needs. The
amount of losses that occur when
This also includes the removal and
transformation or the modifications of
during the city planning the natural
replacement over the next 30 years.
these ecosystem is into urban
ecosystem is not taken into considera-
centers and agricultural lands.
tion. Yet another disaster happened in
WHAT IS AN ECOSYSTEM?
Therefore, the care of these
the same year, a major flood in the
An Ecosystem is part of the ecology
transformed ecosystem is the sole
city of Toronto resulted in an insured
of a certain country or defined area
responsibility of the Govt. and
property damage of approximately
and includes all the living organisms
environmental agencies in Canada.
$850 million. The two disasters are
and species including plants, trees
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MBE BUSINESS MAGAZINE NOVEMBER 2020
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