Press release highlights new economic valuation of wetlands in southern Ontario
A new paper by Tariq Aziz and Philippe Van Cappellen uses economic valuation to highlight the importance of Southern Ontario’s wetlands for sediment and phosphorus filtration. A total annual value of $4.2 billion in sediment and phosphorus filtration services was found based on the average rate of sediment accretion plus the associated total phosphorus concentration in each type of wetland in Southern Ontario and estimating how much the removal and disposal of the same amounts of sediment and phosphorus in stormwater management facilities in Ontario would cost.