Top of PageTo what extent do invasive alien species impact our economy?
The Government of Canada is working hard to reduce the impact of invasive alien species on our economy by stopping new invasive alien species introductions. The economic impact of invasive alien species is significant – the estimated annual cumulative lost revenue caused by just 16 invasive alien species is between $13 to $35 billion. Invasive alien species damage to the agricultural and forestry industries results in an estimated $7.5 billion of lost revenue annually. The discovery of invasive alien species in Canada can also result in trade restrictions imposed by foreign countries, interrupting billions of dollars in trade.