Invasive species can have economic impacts by creating additional costs or lost revenue to industry, governments, and individuals. Click on the boxes below to learn more about the environmental impacts.

Economic Impacts of Invasive Species—Example

One study estimated that ten invasive species that impacted Canadian fishing, forestry, and agricultural industries caused a total of approximately $187 million per year in losses.1

1. Colautti, Robert .I, Bailey, S.A., van Overdijk, C.D, Amundsen, K. and Macisaac, H.Jet al. “Characterised and project costs of nonindigenous species in Canada.” Biological Invasions 8.1 (2006): 45–59.

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Cost to governments

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Cost to individuals