For the Love of Trees
TD Bank Group helps NCC Protect Forests in Newfoundland and Labrador
The Nature Conservancy of Canada (NCC) and TD Bank Group (TD) are marking National Forest Week with the announcement of 25 conservation projects across the country.
The projects were made possible through the TD Forests program, which works to help protect critical forest habitat and grow and enhance urban green space. Over $5 million was invested by TD Forests to conserve and care for some of Canada’s most important forest habitat through NCC.
The conservation projects total more than 40,606 acres (16,432 hectares). That’s an area equivalent to more than 27,000 Canadian football fields – or 15 football fields a day over the five year initiative!
The sites represent a diversity of forest types found right across the country, from coastal rainforest in British Columbia, to montane forests in Alberta, to Great Lakes - St. Lawrence forest in Ontario and Quebec and boreal forest on the Avalon Peninsula in Newfoundland & Labrador.
These projects include examples of rare old growth forest habitat and important wildlife corridors. They protect 50 kilometres of rivers and streams and provide habitat for 63 species at risk including grizzly bear, cerulean warbler, spring salamander, limber pine and Kentucky coffee tree.
Forests also provide additional benefits such as carbon storage, flood control, air purification and temperature modification. The report, The Natural Capital Value of Forest Habitat Conservation, produced by NCC scientists and the TD Economics team, reveals that just three of the 25 projects conserved provide more than $86 million in environmental benefits per year.
“Canada’s forests are spaces of significant biodiversity and irreplaceable beauty. They play vital roles within nature and our communities including producing oxygen, regulating and cooling our climate, and cleaning our air and water,” said John Lounds, President and CEO with the Nature Conservancy of Canada. “We are grateful that TD has joined us in this innovative collaboration which is providing environmental benefits for all Canadians.”
“With the generous contributions made by the TD Bank Group, the Nature Conservancy of Canada has been able to conserve 606 acres of forest along the Crabbes River on the west coast of Newfoundland, and 158 acres along the Salmonier River on the Avalon Peninsula,” said Lanna Campbell, NCC’s Program Director in Newfoundland and Labrador. “Both areas provide significant wildlife habitat and outstanding recreation opportunities for their communities.”
“More than 90 percent of Canadians have said forests are important to them, and for good reason,” says Karen Clarke-Whistler, Chief Environment Officer, TD Bank Group. “Forests form the backdrop of our communities, where we live, work and play – and they perform an essential role in cleaning the air and moderating temperatures. As our world becomes more urbanized it is essential to protect forests and the valuable habitats they represent. That’s why we made protecting critical forest habitat a key pillar of the TD Forests program.
The Nature Conservancy of Canada’s Why Forests Matter speaker series, sponsored by TD, explores the myriad ways in which forests are important. Speakers from diverse backgrounds share unique perspectives of the role of forests in their lives. This series has inspired more than 1,000 Canadians at 7 events across the country, to date. Three more events are planned this fall.
The Nature Conservancy of Canada is the nation's leading private, not-for-profit land conservation organization, protecting vital natural areas and the species they sustain. Since 1962, NCC and its partners have helped protect more than 2.8 million acres (1.1 million hectares), coast to coast.
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