fire sector in hamilton
Did you know the Greater Toronto Hamilton Area is considered the hub of financial services in Canada? This region enjoying a large labour pool of 364,000 trained professionals in Ontario’s Finance, Insurance and Real Estate (FIRE) industries are located within an hour’s drive of Hamilton- which is a central point to Toronto, the Kitchener-Waterloo tech zone and the US Border.
Along with a central location, Hamilton’s economy benefits from globally-recognized research driven institutions—McMaster University and Mohawk College—located in Hamilton and another 21 within driving distance. This places Hamilton at the centre of one of the richest collections of post-secondary talent in all of Canada.
If you have a FIRE investment and are looking for help from Hamilton’s Economic Development Office to start an operation, expand a facility, and/or find new markets contact us!
Startups, creative tech companies and Fintech industries (e.g. cryptocurrency and Blockchain) can thrive in Hamilton, where research and innovation required for emerging technologies is heavily supported.
One of the largest costs to doing business in the FIRE sector is office leasing rates. Hamilton has a number of Class A spaces as well as a fantastic collection of classic brick and beam spaces- particularly in the downtown core. Spaces that have leasing rates approximately half to a third less of those in the Toronto area and Hamilton has one of the richest suite of financial incentives for any downtown in Canada.
Companies are finding collaborative opportunities with academia on commercialization.