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Invasive reptiles and amphibians have cost the global economy billions, study suggests – CBC News

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Invasive reptiles and amphibians have cost the global economy more than $17 billion US between 1986 and 2020, a recent study suggests.

The analysis, published this week in the journal Scientific Reports, says the transportation of “alien species” into new areas is increasing at an unprecedented rate due to the globalization of human activity, and that this can lead to species invasions and extinctions of indigenous species, damage to ecosystems and major economic impacts. 

It is “almost impossible” to list all the ways invasive species can affect an economy, said Ismael Soto, the study’s lead author and a PhD student at the University of Bohemia in Plzeň, Czech Republic.

For example, he said, those economic costs can reach as far as the real estate market if an invasive species becomes a pest that is “impossible to live near.” 

Soto cited the Burmese python, which is invasive to the Florida Everglades and creates a dangerous environment for surrounding residents. He also pointed out that a brown tree snake invasion in Guam has coincided with house prices there falling over time. 

Zebra mussels are one of the most troublesome invasive species in Canada. (CBC)

“The economic costs are massive for all invasive species,” said Soto. “We have to try and be aware of these costs and take control of the management of these species.” 

The study breaks down the estimated $17 billion US cost into: $6.3 billion spent dealing with invasive amphibian species; $10.4 billion on invasive reptiles; and $300 million on cases involving both.

To conduct the analysis, Soto and other colleagues used a database, InvaCost, which attempts to bring data on economic invasive species together. Most of the figures were taken from peer-reviewed literature or studies determined to be of high reliability, but they note that they largely came from estimates and extrapolations, rather than empirical observations.

Gaps in research

According to Soto, the economic costs of invasive species are under-documented worldwide. While conducting the study, researchers had difficulty finding records in North America and Africa in particular, he said.

“We found that there are costs in all continents,” said Soto. “But maybe there is just not enough research relating to economic costs in these areas.” 

Monitoring the economic impact of invasive species is a relatively new area of research and has the potential to grab the attention of Canadians, says Colin Cassin, policy manager at the Invasive Species Centre (ISC), a non-profit based in Sault Ste. Marie, Ont.

“Some people may have no interest in the ecological impacts of invasive species, but what speaks to them is the fact that their house value just declined,” said Cassin.

The arrival of brown tree snakes in Guam coincided with a drop in house prices. (U.S. Geological Survey)

Such research is “an opportunity for us to connect with different audiences and make sure that everyone understands the far-reaching implications.” 

Canada does not have an environment where many invasive reptiles and amphibians can thrive, Cassin said. There are some examples — such as the red-eared slider, an invasive turtle species — but they are not among Canada’s most costly invaders.

According to the International Union for the Conservation of Nature, invasive species are among the most significant threats to biodiversity. 

While not all introduced species are able to flourish in a new environment, some find the right conditions. They are usually able to reproduce and spread quickly, often out-competing native plants and animals for food, water and space. 

Japanese knotweed, zebra mussels and the emerald ash borer have all wreaked havoc in parts of Canada.

Last year, the ISC conducted a cost-benefit analysis of phragmites, an invasive grass in Canada that does well in wet environments such as drainage ditches. 

The study looked at the costs of roadside maintenance and flooding related to the grass, but also took a deeper look at potential impacts on a driver’s sightlines and whether there were increased costs due to traffic accidents. 

“There is a lot out there with respect to how much invasive species cost us that is either being understood right now or has yet to be understood,” said Cassin. 

A remote mower is used to remove invasive grass in Lanark County, near Ottawa. (Submitted by Michelle Vala)

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S&P/TSX composite gains almost 100 points, U.S. stock markets also higher

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TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Statistics Canada reports wholesale sales higher in July

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OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.

The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.

The personal and household goods subsector fell 2.5 per cent to $12.1 billion.

In volume terms, overall wholesale sales rose 0.5 per cent in July.

Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.

This report by The Canadian Press was first published Sept. 13, 2024.

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 150 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 172.18 points at 23,383.35.

In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.

The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.

The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.

The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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