The Fort McMurray disaster may be just a taste of what’s ahead – as the warming climate looks to increase large forest fires in Canada by 50% by the end of the century.
A new report from Natural Resources Canada has revealed that climate change will have a significant impact on forest fires in the coming years.
While the Fort McMurray wildfire that covered 590,000 hectares is expected to become the largest insurance loss in Canadian history, the increasing size of fires may mean that the record will be quickly outstripped.
Urban forestry experts have long suggested that tree canopy cover in residential and urban areas is essential to maintaining a healthy ecosystem in those communities, but a new study suggests that tree cover may also contribute to increased property values.
The researchers found that the contribution of tree cover to real estate value maximizes at about 30 percent cover at the property level and about 38 percent at the county level. Perceived benefits, such as scenery, privacy, shade, and recreation, all contribute to this rise in property value.