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Hamilton named newest Foreign Trade Zone Point

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Home / News / Hamilton named one of three Foreign Trade Zone Points in Ontario

Hamilton named one of three Foreign Trade Zone Points in Ontario

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Local and international businesses can now access information about importing, exporting, and related tariff and tax exemptions through Hamilton’s Foreign Trade Zone Point.

The Federal government has identified that Hamilton is an international hub for trade. This designation means that local businesses can access programs for tariff and tax exemptions when buying or importing raw materials, components and finished goods. It benefits local businesses that are moving product around the world and helps attract international investors into the country.

“The city is a gateway for goods, and offers many advantages from its strong manufacturing sector to its leading-edge post-secondary institutions. This designation will build on the area’s strengths and bring new opportunities for trade.” – MP Filomena Tassi, Canada’s Labour Minister and MP for Hamilton West-Ancaster-Dundas

To learn more about this initiative visit our Foreign Trade Zone page here: https://investinhamilton.ca/ftz/

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