Economic Development - Invest in Hamilton

Trade and tariff update (March 10-14, 2025)

Though the week’s challenges were somewhat expected, particularly regarding steel and aluminum tariffs, the reality of their impact is now upon all Hamiltonians and Hamilton-based businesses. To Recap the Week On March 10, 2025, the Government of Ontario applied a 25% surcharge on all…

Invest in Hamilton February 2025 Newsletter

It is hard to believe February is already behind us. While it is important to be mindful of the challenges that we continue to confront in the face of international uncertainty and looming March tariffs, it is of equal importance to celebrate Hamilton’s achievements.…

Trade and tariff update (March 3-7, 2025)

To call the pace of the week’s changes rapid is to risk engaging in an exercise in understatement. To Recap the Week At 12:01 am on March 4, 2025, the United States of America invoked the International Emergency Economic Powers Act (1977) and applied…

Porter Airlines arrives at John C. Munro Hamilton International Airport

Porter Airlines is set to launch a new air service from John C. Munro Hamilton International Airport this summer. This expansion will connect Hamilton from coast to coast with daily flights to Calgary, Edmonton, Halifax, and Vancouver. These new routes, announced Tuesday (Feb. 4,…

Invest in Hamilton January 2025 Newsletter

Welcome to the new Hamilton Economic Development newsletter. Long-time readers are likely to notice a few changes in this newsletter. Where our previous newsletter was published quarterly, a new year means a new, monthly approach to sharing Hamilton’s business and community successes. This change…

Trade and Tariffs Update

With the state of trade between Canada and the United States undergoing a period of transformation, this blog post has aggregated a number of resources from provincial, national, and international experts that might shed some additional insights into this complex situation. Economic Development will…

Hamilton Airport breaks ground on $15 million multi-use facility

John C. Munro Hamilton International Airport celebrated a significant milestone on Thursday (Nov. 24) with a groundbreaking ceremony for a new multi-use Fixed-Base Operator (FBO) facility. Biddle Carson Developments’ transformational construction plans were unveiled at the event. It was attended by industry partners, community…

Hamilton ranked among top-20 Best Canadian Locations to Invest for 2024

Site Selection Magazine has again recognized Hamilton as one of Canada’s Best Locations to Invest. This underscores Hamilton’s growing reputation as a prime destination for businesses seeking growth and opportunity. Hamilton’s Economic Development Office is pivotal in attracting and supporting businesses looking to establish…

Oak View Group breaks ground on $280M Hamilton arena project, kicking off downtown revitalization project

Hamilton is one giant step closer to enhancing its reputation as a premier destination for entertainment and sports. Oak View Group (OVG) officially broke ground on the highly anticipated $280 million renovation of FirstOntario Centre on Thursday (June 17, 2024). The ceremony at the…

Steelport offers new vision for Hamilton’s waterfront

A massive redevelopment project to transform 800 acres of Hamilton’s waterfront into a world-class industrial park and community hub has taken a major step forward. Slate Asset Management, the firm behind the Steelport project, applied for a Draft Plan of Subdivision to the City…

Fero International gets $3.5 million to expand medical infrastructure in Hamilton

A Hamilton-based company that produces modular buildings for the healthcare sector has received a $3.5-million investment from the federal government to increase production and create 50 new jobs. Fero International Inc., a woman-led manufacturer of cost-effective and rapidly deployable modular solutions, announced the funding…

Sip, Savour, and Support: NOSH 2024 launches in Hamilton

In a culinary celebration like no other, Hamilton welcomes the month-long NOSH 2024 extravaganza throughout the month of February. What began as a highlight during Small Business Week in October has now evolved into a grand event in collaboration with ten Business Improvement Areas…

First containers roll through new Hamilton rail terminal, paving the way for enhanced supply chains in Ontario

In a momentous stride for the southern Ontario logistics landscape, the Hamilton Container Terminal (HCT), in collaboration with the Hamilton-Oshawa Port Authority (HOPA Ports) and Canadian National Railway (CN), has officially inaugurated a direct intermodal rail service connecting Hamilton, ON, to Montreal, QC. The…

Hamilton will be home to Canada’s largest sugar refinery

SucroCan Sourcing LLC announced on Tuesday (Jan. 16, 2024) its plans to build Canada’s largest sugar refinery at the Port of Hamilton. The growing integrated sugar refiner’s $135 million investment is expected to yield an annual refining capacity of 1 million metric tonnes at…

Hamilton prefab home manufacturer secures $2.5M federal funding boost

A Hamilton-based prefab home manufacturer, BECC Modular, will receive $2.5 million from the federal government in a significant development for the housing industry. The substantial investment will help BECC Modular manufacture nearly 2,200 modular homes annually, contributing to creating over 35 new jobs within…

Latitude Air Ambulance sets permanent base at Hamilton Airport

Latitude Air Ambulance is establishing a permanent home at John C. Munro Hamilton International Airport. Having leased the space since 2009, the company held a groundbreaking ceremony on Dec. 15 for its new complex. The 44,000-square-foot projected is expected to be completed by late…

Hamilton economic growth expected to surpass Ontario average

Hamilton’s economic growth rate is expected to surpass the provincial average in the coming months. According to the Conference Board of Canada’s recent economic outlook report, while Hamilton experienced relatively slower and subdued growth in the latter half of 2023, the city should gain…

Hamilton hits $2 billion in construction value at record pace

It’s been another record-setting year for the City of Hamilton, surpassing the previous record set in 2021 and reaching $2,133,057,915 in construction value. Industrial construction value is also the highest on record, surpassing $526 million. The City officially hit the $2 billion mark on…

Slate Asset Management Unveils Plans for Stelco’s Hamilton Lands

Slate Asset Management, the private equity firm behind the redevelopment of Stelco’s Hamilton lands, plans to submit formal development plans to the city in the coming months. The first phase, set to begin next year, aims to transform the 800-acre industrial parcel into a…

Hamilton named 2023 prime investment destination by Site Selection Magazine

Once again, Hamilton has been listed as a prime investment destination by Site Selection Magazine. In its annual Canada’s Best Locations 2023 report, Site Selection Magazine specifically lauded the Bayfront Industrial Area Strategy, which will assist in creating nearly 4,000 acres of mixed industrial…

hamilton harbour slate stelco development render

Hamilton Harbour land to open to public for first time in more than 100 years

Slate Asset Management, owners of the approximately 800-acre parcel of industrial land that once belonged to Stelco, announced a new name and vision for the massive project at 386 Wilcox St. in Hamilton. Expected to be completed by 2033, Steelport will be developed in…

Hamilton expands brownfield remediation program to ‘breathe new life’ into industrial past

Hamilton’s long-running brownfield remediation program is being expanded. Designed to breathe new life into the city’s industrially contaminated past, the program has led to more than 3,300 residential units and upwards of 1.9-million square feet of industrial, commercial and institutional space. Since 2001, the…

THE ENTREPRENEUR SUCCESS INITIATIVE LAUNCHES IN HAMILTON!

The City of Hamilton officially launched the Entrepreneur Success Initiative at the ESI – OINP Business Forum on February 22, 2023, held at McMaster Innovation Park. The Entrepreneur Success Initiative administered by the Toronto Business Development Centre aims to grow immigrant entrepreneur investment opportunities outside…

AtomVie Global Radiopharma Inc. expands its radiopharmaceutical footprint in Hamilton

The City of Hamilton welcomes another investment to the Airport Employment Growth District! AtomVie Global Radiopharma Inc. (AtomVie), a global leader in the manufacturing and distribution of finished-dose therapeutic radiopharmaceuticals is currently constructing a purpose-built facility for commercial production at 10 Aeropark Blvd. AtomVie…

Topic: Economic Development