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Hamilton Economic Development

City of Hamilton wins Canada’s top award for brownfield remediation

For Immediate Release

Hamilton, ON- November 26, 2018 – At the annual Canadian Brownfields Network awards in Toronto last week, the City of Hamilton’s Economic Development Office took home Canada’s top award for brownfield redevelopment. Hamilton’s ERASE (Environmental Remediation and Site Enhancement) program was honoured as the top program in Canada.

“For cities like ours with a rich industrial heritage, brownfield remediation is always a top of mind issue,” said Jason Thorne, General Manager of the City of Hamilton’s Planning and Economic Development Department. “It is critical then that there are programs in place to facilitate the transition from former brownfield site to active redevelopment site and I believe no one in Canada does this better than the City of Hamilton.”

Hamilton’s ERASE program was first introduced in 2001 and is designed to assist property owners and developers in remediating former brownfield sites through a series of grants for site studies and actual remediation work. Older industrial areas of Hamilton have been the location of numerous past uses that could have potentially caused soil and groundwater contamination. This includes asphalt plants, petroleum storage, automobile wrecking yards, blacksmiths, textile mills, paint manufacturers, printers, dry cleaners and electroplaters. The City’s ERASE program has helped remediate many of these sites for new industrial, commercial, institutional and mixed uses.

In 2018, the City of Hamilton’s Economic Development Office revised the ERASE CIP (Community Improvement Plan) to ensure that the program remains responsive and relevant in regard to the redevelopment of brownfields within Hamilton- including providing additional incentives to support the remediation of heritage buildings and promote adaptive reuse in older industrial areas and former institutional buildings. Since 2001, 123 acres of brownfield lands have been remediated in Hamilton with an increase of approximately $3.13M in property taxes directly attributed to remediation and redevelopment of former brownfield sites.

“Clearly our program is working and is certainly a best practice for the rest of the nation,” said the City of Hamilton’s Urban Renewal Manager Judy Lam. “As we work through remediating these sites, we add value to the land, employment in our community and new tax revenues from our commercial/industrial sectors. There is so much potential for former industrial sites in Hamilton.”

Hamilton’s Economic Development Office is the central point of contact for business assistance. Its services are geared to serve new start-up companies, corporate relocations, and the expansion and retention of existing business. Its mission is to serve as the catalyst for continued economic growth, job creation, and revitalization in Hamilton.

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Media Reference:
Michael Marini
Hamilton Economic Development
905-546-2424 ext. 1781
905-977-0883
michael.marini@hamilton.ca

Meet Hamilton’s Fast 40

For Immediate Release

November 21, 2018

Meet Hamilton’s Fast 40 – Annual ranking of Hamilton’s fastest growing companies

Hamilton, ON –   Today, the City of Hamilton’s Economic Development Office and Mayor Fred Eisenberger announced the inaugural “Hamilton Fast 40” winners.  The initiative is part of the 2016-2020 Economic Development Action Plan, which identifies a “stretch target” of having 10 Hamilton based businesses listed on Canadian Business (CB) Magazine’s 500 Fastest Growing Businesses list (the Growth 500).  To do this, a local program was created to identify the fastest growing companies in Hamilton and from there the applicants were encouraged and assisted in applying for the national honour.

“I’d like to extend my congratulations to each of the Hamilton Fast 40 and appreciate their continued investments in our community,” said Hamilton Economic Development Director Glen Norton. “The City of Hamilton is extremely proud to have these businesses based right here in our great city and we remain committed to helping them grow and succeed into the future.”

In order to be considered a “Fast 40” company, the following were asked of applicants:

  • Required to have a head office in Hamilton
  • Questions will mirror  the Canadian Business Magazine’s Growth 500 competition, with similar evaluation metrics (growth measured by 5 year change in revenue)
  • Companies with two or more years of history but less than five can also participate
  • Companies are required to disclose revenue and employment totals, but the information will not be shared or published- rather, only the % change
  • Companies do not need to provide financial statements for verification; Hamilton Economic Development would rely solely upon attestation of CEO.

“I’m thrilled with the calibre of Hamilton’s Fast 40 and even more thrilled with the fact that many of these companies went on to achieve the national ranking,” said Hamilton Mayor Fred Eisenberger.  “Hamiltonians should be very proud of the inaugural list of companies on the Fast 40 and I encourage other businesses in our city to consider applying for this ranking in the Spring of 2019.”

Hamilton’s Fast 40 for 2018 are: 

Partners in the Hamilton Fast 40 program to date included:

  • Hamilton Chamber of Commerce
  • Stoney Creek Chamber of Commerce
  • Flamborough Chamber of Commerce
  • Hamilton Spectator
  • Innovation Factory

Hamilton’s Economic Development Office is the central point of contact for business assistance. Its services are geared to serve new start-up companies, corporate relocations, and the expansion and retention of existing business.  Its mission is to serve as the catalyst for continued economic growth, job creation, and revitalization in Hamilton.

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Media Contact: 

Michelle Shantz

Communications and Media Advisor

Office of Mayor Fred Eisenberger

Phone: 905-546-2424 ext. 4225

Email: michelle.shantz@hamilton.ca

 

Glen Norton

Director, Economic Development- City of Hamilton

905-546-2424 ext. 5780

Glen.Norton@hamilton.ca

 

Reference:

Michael Marini

Hamilton Economic Development

905-546-2424 ext. 1781

905-977-0883

michael.marini@hamilton.ca

Hamilton Highlights Newsletter – November/December 2018

In the November/December edition of Hamilton Highlights…

  • Airport Employment Growth District Gets First Major Investment
  • New Federal Investment in Hamilton Port
  • The Top Post-Secondary Research City in Canada
  • Meet Hamilton’s Fast 40
  • Tourism Driving Employment in Hamilton
  • SR&ED vs IRAP: An R&D Funding Comparison & Analysis
  • Happy Holidays from Hamilton Economic Development

Click here to read the November/December 2018 Hamilton Highlights newsletter.  If you are interested in signing up for the Hamilton Highlights newsletter, click here.

Hamilton Port Authority kick-starting $36-million project to reconfigure western port lands

The project is expected to wrap up by the end of 2020.

The Hamilton Port Authority is embarking on a $35-million project to rejig the western half of the port lands to create new developable employment land.

Called the Westport Modernization Project, the plan also includes the creation of a multimodal transportation hub at the 115-hectare site, which currently faces some gaps in its rail network and no road or rail service at some of the piers.

The federal government is funding $17.7 million — half of the project’s cost — through its National Trade Corridors Fund, Transport Minister Marc Garneau announced at HPA’s Hillyard Street facility Tuesday.

“Unfortunately, we’re out of space,” HPA president and CEO Ian Hamilton said. “By reorganizing our space and improving the multimodal services, we can effectively create new parcels of land that can be used to attract new investments and jobs.”

The four main parts of the project include:

  • A new dockwall at Pier 12, which is one of the port’s busiest piers
  • Upgrades to Westport’s existing rail network to provide more cargo-handling capacity and rail service to more development parcels
  • Improved on-site roadways and enhancements to a new container positioning depot to facilitate truck traffic on port lands
  • A new warehouse building for multi-user bulk storage

This project will not include reclaiming new land out of the water, but reconfiguring what the port authority already has to create an additional 40 to 50 acres of usable land and generate an additional million tons of cargo, Hamilton said.

Work on the project is supposed to get underway this year and wrap up by December 2020, creating an estimated 524 jobs during construction.

The groundwork, including engineering and environmental permitting, has been taking place over the last two years, he said.

The investment is expected to strengthen trade connections to European, African and South American markets and promote a greater flow of cargo through the port to the Greater Toronto Horseshoe region and its Canadian and U.S. supply chains, according to Transport Canada.

“We can have the best products in the world, but if we can’t get them to our customers quickly and reliably, we will lose business to other suppliers,” Garneau said.

Located at the west end of the Port of Hamilton, Westport is among the oldest industrial employment lands in the city.

Because the port’s landholdings — piers 10 to 15 — were assembled piece-by-piece over decades, the area is not configured to maximize the space on the site, which has infrastructure that is more than 100 years old in some spots.

HPA expects to be able to leverage the $36-million investment to attract between $80 and $90 million in economic activity in the region and employment at the port, Hamilton said.

Glen Norton, the city’s economic development director, called the investment “great news” for Hamilton.

“We can work with them to attract more businesses now.”

Article courtesy of Natalie Paddon, The Hamilton Spectator

Development firm spends $27M on Hamilton airport land eyed for big warehouse

Builder’s clients include Canadian Tire, Coca-Cola, BMW, Suncor, Carlton Cards and Loblaw.

A large industrial warehouse developer has become the first major investor in Hamilton’s airport employment lands.

Panattoni Development Company has bought 82 acres on the southwest corner of Upper James Street and Dickinson Road for about $27 million.

The firm plans to construct a million-square-foot building and six smaller ones on the site it bought from former senator David Braley.

“In the case of Hamilton, we’re confident in the market,” Adam Lambros, development manager, said Monday.

The project also represents a major windfall for the city, which would generate about $6 million in development charges with just a 500,000-square-foot build.

“To put that in context, that is significantly larger than the existing Maple Leaf processing plan in Binbrook,” said Glen Norton, the city’s economic development director.

One of the advantages of the serviced site is proximity to John C. Munro Hamilton International Airport, Lambros said.

These days, industrial warehouses are top of mind for online retailers like Amazon and Wayfair that rely on quick delivery, he said.

“Those are the types of companies we try to build for.”

Panattoni bills itself as “one of the largest privately held, full-service developers in North America” with more than 24 regional offices in the United States, Canada and Europe.

Some of its clients include Canadian Tire, Coca-Cola, BMW, Suncor, Carlton Cards and Loblaw.

Panattoni is building a million-square-foot manufacturing facility for Adidas Canada in Brant County. It has constructed a 145,000-square-foot “spec flex office” complex in Mississauga that has eight tenants.

Panattoni doesn’t yet have tenants for the Hamilton land but is confident it will line some up.

Lambros said the Hamilton area offers a large population within a quick drive, access to highways and a strong labour pool.

“When you check all of those boxes, we thought, ‘Why not?'”

Norton said the site plan is expected to be submitted to the city’s planning department by the end of November.

The airport employment lands, also known as “aerotropolis,” were the subject of an Ontario Municipal Board dispute that ended in February 2015.

The OMB approval green-lighted the 1,360-acre boundary push, which is the largest expansion in Hamilton’s history.

The employment district includes city-owned and private parcels within Garner Road, Twenty Road, Upper James Street and Highway 6.

Norton said the remainder of the area’s servicing — sewer and water pipes, for instance — is expected to be in place within four years.

“We’re tying to accelerate that based on what we think is going to be quite a big demand.”

He expects the Panattoni purchase to spark more interest in the area with industrial space in the fast-growing GTA at a premium.

One handicap for Hamilton has been a lack of ready-to-use industrial space. The vacancy rate is less than two per cent, Norton said.

“We’ve actually missed out on potential new businesses moving to this city because there wasn’t space to move into.”

Lambros said he hopes to start construction in spring and anticipates the project to take about 15 months.

Article courtesy of  Teviah Moro, The Hamilton Spectator

Hamilton Highlights Newsletter – October 2018

In the October edition of Hamilton Highlights…

  • New Investment Opportunities in the Ancaster Business Park
  • Web Redevelopment Opportunity
  • Blockchain Event coming to Hamilton
  • MesoMat Wins $76,000  at LiON’S LAIR 2018 With Their “Conductible, Body Conforming, Wearable Technology”
  • Tourism Hamilton User Generated Campaign Wins Provincial Marketing Award
  • Export Market Access (EMA): 2018 Program Enhancement

Click here to read the October 2018 Hamilton Highlights newsletter.  If you are interested in signing up for the Hamilton Highlights newsletter, click here.

Major Roadway Connection Proceeding in Ancaster Business Park

For Immediate Release

October 1, 2018

Extension of Cormorant Road key in opening up new employment lands

ANCASTER, ON – Today, City of Hamilton officials announced that they will be proceeding with the Cormorant Road extension in the Ancaster Business Park- having satisfied the remaining construction conditions that were requested by the Ministry of Natural Resources and the Ministry of the Environment.

“This is wonderful news for our local economy,” said Ancaster Ward 12 Councillor Lloyd Ferguson.  “More than a road extension, this will see 50 new acres of employment lands created. As well, with thousands employed in this park, an added second access point makes the park much safer and easier to access.”

The Ancaster Business Park currently houses major corporations such as TDL’s (Tim Hortons) Canadian roasting operations, Profit 500’s Steeped Tea, auto parts manufacturer Stackpole and the Canadian headquarters for Sunrise Records and Everest Wholesale.

As part of the announcement of construction commencement, City officials, guests and dignitaries will gather on Friday, October 5th at 10:00am at the intersection of Tradewind Drive and Cormorant Road for a photo opportunity as well as a short dedication ceremony to name the Cormorant Road extension Neil Everson Way.  Everson was the former Economic Development Director from 2001-2016 and during that time oversaw an economy that generated nearly $10 Billion in development permits for the City of Hamilton.  Everson retired from public life in 2016.

“The extension is welcomed news for new business development opportunities, but even more than that I am so pleased to see my former colleague is being recognized for his great impact on this park and on Hamilton’s economy over the many years,” said Economic Development Director Glen Norton.

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Media Contact:
Michael Marini

Hamilton Highlights Newsletter – September 2018

In the September edition of Hamilton Highlights…

  • Hamilton Ranked One of Canada’s Top Investment Cities…Again
  • Hamilton Increases Businesses on Growth 500
  • Intelligent Communities Forum Coming to Hamilton
  • Future of Hamilton in Focus
  • Canada-Ontario Job Grant: Grants for Third-Party Business Training Programs
  • Council Approves Extension of Incentive Programs for Barton Kenilworth Area
  • Tourism Hamilton Wins EDAC Award

Click here to read the September 2018 Hamilton Highlights newsletter.  If you are interested in signing up for the Hamilton Highlights newsletter, click here.

Weever Apps receives investment from GreenSky

GreenSky Capital Inc.’s affiliated venture funds have invested $900,000 in a Hamilton-based software company.

The equity investment in Weever Apps led by the GreenSky Accelerator Funds I and II with members of the GreenSky President’s Club was announced earlier this month.

Weever makes technology to simplify processes on factory floors. The company provides electronic forms, process and inspection software to digitize much of the paperwork found on many manufacturing floors, according to a news release from GreenSky Capital.

Prior to the fund’s investment, Weever raised capital through angel investors, the news release reads.

Article courtesy of The Hamilton Spectator

Major Increase of Hamilton Companies on the Canadian Business Growth 500 List

For Immediate Release
September 13, 2018

Major Increase of Hamilton Companies on the Canadian Business Growth 500 List

HAMILTON, ON – Today, Canadian Business Magazine released their Growth 500 and Startup 50 national rankings. This year, there were nine Hamilton companies on the Growth 500 list and three Hamilton companies on the Startup 50 list. Last year, Hamilton only had four companies on the Growth 500 list and none on the Startup 50 list – an improvement of 200%.

“This is a great showing for Hamilton companies,” said Economic Development Director Glen Norton.  “One of our Economic Development Strategy stretch targets was to have 10 local companies on Canada’s Fastest Growing Businesses List. With the results announced today, we have exceeded this stretch target two years ahead of schedule, and we congratulate our Hamilton companies who are ranked amongst some of the best in Canada.”

Launched in the Spring of this year, the Hamilton Fast 40 program – where the City of Hamilton aimed at identifying the fastest growing companies in Hamilton (results to released in November) – was instrumental in identifying companies that were good candidates to apply for the Growth 500. As companies were identified for the Fast 40, they were also personally contacted and encouraged to apply for the Growth 500. The Growth 500 is widely recognized a prestigious recognition of entrepreneurial excellence in Canada and inclusion on the list gives greater national recognition to companies and potentially exposes them to greater avenues of funding, talent and customers.

“We are proud and honoured to be ranked alongside our Canadian peers on the 2018 Startup 50 ranking,” said Matthew Sheridan, CEO and Founder of Nix Sensor Ltd.  “Not only is this a testament to the entrepreneurial spirit in Canada, but also to the growing ingenuity here in Hamilton.”

BACKGROUND

For three decades, the Canada Business’ Canada’s Fastest-Growing Companies program has identified and celebrated the most important and innovative businesses in the country.  Since launching in 1989, the Canada’s Fastest-Growing Company program ranks Canadian businesses on five-year revenue growth.

2018 Canadian Business Magazine – Growth 500 – Hamilton Companies

Everworks (Rank 17)

Joseph Haulage Canada (Rank 111)

Greenbelt Microgreens (Rank 123)

CAN-AM Cryoservices (Rank 143)

Gala Bakery (Rank 160)

Fairway Electrical Services (Rank 222)

Worksite Safety Compliance Centre (Rank 231)

McCallum Sather (Rank 395)

Orbis Communications (Rank 434)

2018 Canadian Business Magazine – Startup 50 – Hamilton Rankings

Caliber Communications (Rank 25)

Nix Sensor (Rank 33)

Collective Arts (Rank 40)

Hamilton was in the top 15 for number of Growth 500 companies (fast growth businesses, 5 or more years old) by City

Growth 500 Ranking – Number of Companies by City

Rank City Number of Growth 500 Companies
1 Toronto 112
2 Montreal 38
3 Vancouver 30
4 Mississauga 29
5 Calgary 23
6 Ottawa 22
7 Edmonton 16
8 Winnipeg 13
9 Markham 12
10 Vaughan 11
11 London 10
11 Oakville 10
13 Hamilton 9
13 Quebec City 9
15 Surrey 8

Only three other cities in Canada have more Startup 50 ranked companies (fast growth businesses, less than 5 years old)

Startup 50 Ranking – Number of Companies by City

Rank City Number of Start-up 50 Companies
1 Toronto 16
2 Montreal 6
3 Vancouver 4
4 Hamilton 3
4 Mississauga 3
4 Longueuil 3
7 Vaughan 2
7 Kitchener 2
7 Victoria 2
10 Burnaby 1
10 Kelowna 1
10 La Vallée-du-Richelieu 1
10 Winnipeg 1
10 Brockville 1
10 St. John’s 1
10 Halifax 1
10 Richmond 1
10 Markham 1

Hamilton’s Economic Development Office is the central point of contact for business assistance. Its services are geared to serve new start-up companies, corporate relocations, and the expansion and retention of existing business. Its mission is to serve as the catalyst for continued economic growth, job creation, and revitalization in Hamilton.

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Media Contact:

Glen Norton
Director, Economic Development- City of Hamilton
905-546-2424 ext. 5780
Glen.Norton@hamilton.ca

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