Finance, Insurance, and Real Estate in Hamilton, Ontario

Snapshot of Finance, Insurance, and Real Estate (FIRE) in Hamilton

Hamilton’s finance, insurance, and real estate industries thrive due to a technically-advanced workforce and research and innovation resources.

$63 billionThe total value of Ontario’s financial services sector.

68% Rate at which the Fintech / Blockchain sector has grown in Hamilton since 2007, making it one of the city’s fastest-growing job creators.

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The Greater Toronto-Hamilton Area is Canada’s financial services hub

A large labour pool of 364,000 trained professionals in Ontario’s FIRE industries is located within an hour’s drive of Hamilton.

Globally-recognized research-driven institutions, McMaster University and Mohawk College, are located in Hamilton, and another 21 are within driving distance, making the city ideally located along the Toronto-Kitchener-Waterloo Innovation Corridor

Mohawk College launched a new cybersecurity program in Jan. 2019 to support talent growth within the FIRE industries.

Startups, creative tech companies, and Fintech industries (e.g. cryptocurrency and blockchain) can thrive in Hamilton, where research and innovation required for emerging technologies are heavily supported.

Companies are finding collaborative opportunities with academia on commercialization. The downtown core is becoming a magnet for FIRE industry entrepreneurs due to the new brick-and-beam office offerings.

“Downtown Hamilton is the heart of the city. And with a great number of highly educated professionals working downtown each day, it’s a focal point for new jobs in a new economy. From fintech to AI to blockchain and beyond, the brick and beam spaces or Class A offices are the perfect spots for a new generation of Hamiltonians.”
Karol Murillo,
FIRE Industries Lead, City of Hamilton

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