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Hamilton Trade and Tariff Weekly Update for the week of April 7, 2025, in bold text on a dark blue background.
Trade and Tariffs

Hamilton Trade and Tariffs Update (Week of April 7, 2025)

In yet another dizzying week, Canada and the world witnessed the application of tariffs on Canadian softwood lumber, an escalation of tariffs between the United States and China, and, as of the time of publication on this article, a largely unchanged trade situation between Canada and the United States.

Text on a dark blue background: "Hamilton Trade and Tariff Weekly Update, The Week of March 31, 2025.
Trade and Tariffs

Hamilton trade and tariffs update (Week of March 31, 2025)

This week saw the White House announce its plan for reciprocal tariffs on global trade, as well as renew its global tariffs on the import of finished automobiles.

Industrial building with a glass entrance and logos for OmniaBio and CCRM on the facade. Parking area in the foreground.
Investment

Feds and OmniaBio partner to expand Hamilton facility for revolutionary cell and gene therapies

The Government of Canada announced a collaboration with OmniaBio to expand its facility at McMaster Innovation Park. This expansion will focus on manufacturing cell and gene therapies, providing production services globally, and strengthening Canada's role in global value chains. The project aims to revolutionize treatments for chronic diseases such as cancer, autoimmune conditions, diabetes, cardiovascular, and neurological diseases.

People in hard hats participating in a groundbreaking ceremony with shovels, in front of excavators and an IKEA banner.
Newsletter

Invest in Hamilton March 2025 Newsletter

Hamilton Trade and Tariff Weekly Update, the week of March 24, 2025, blue and orange text on a dark background.
Trade and Tariffs

Hamilton trade and tariffs update (Week of March 24, 2025)

This week, the White House announced a 25% tariff on auto imports, effective April 3, 2025, impacting North America's automotive sector. The U.S. also imposed tariffs on imports from countries buying oil from Venezuela. Canada, heavily reliant on U.S. trade, faces significant challenges. Prime Minister Carney is set to discuss these tariffs with the American president and provincial leaders.

Breaking ground at the future IKEA Hamilton CDC and Collection Point with representatives from IKEA Canada, local government, and chambers of commerce.
Investment

IKEA breaks ground on Hamilton Customer Distribution Centre

IKEA Canada breaks ground on a new 483,285-square-foot Customer Distribution Centre (CDC) and Collection point in Hamilton, part of a $400 million investment to enhance its omnichannel journey and retail experience. The facility aims to improve accessibility and convenience for Canadians while supporting sustainability goals.