As we become increasingly aware of our impact on the natural environment and our contribution to climate change, we seek more sustainable ways of developing our communities.
Brownfield redevelopment is an important component of sustainability and restorative development. The redevelopment of brownfields is not only good business, but also a socially responsible investment that can deliver "Triple Bottom Line" benefits—social, environmental and economic—to Canadian communities.
For example, each hectare developed in a brownfield project is estimated to save up to 4.5 hectares of greenfield land from being developed in outlying areas. Restored brownfield sites are also well-positioned for LEED? (Leadership in Energy and Environmental Design) green building development.
The Fund's management team is proud, through its work, to be a contributor to these important public benefits and the notion of "doing well by doing good" resonates deeply within the team.