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FIRE Sector Office Picture

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!

FIRE Sector Office 4

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.

FIRE Sector Office 3

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.

FIRE Sector Office 5

Companies are finding collaborative opportunities with academia on commercialization.

Portrait of Karol Murillo

For the Full Picture, Contact City of Hamilton’s FIRE Lead: Karol Murillo