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Hamilton Economic Development

Hamilton Once Again Top Place to Invest in Ontario

Diversified economy responsible for top ranking

Hamilton, ON – August 21, 2012 – The Real Estate Investment Network of Canada today ranked the City of Hamilton as the top location in which to invest in Ontario (2012-2016).  This is Hamilton’s second straight ranking in the top position.

“Known formerly as a hard-working steel town, the city has quickly shed this image in the eyes of potential investors – as indicated by the record breaking building permit values Hamilton has experienced in recent years,” said REIN Founding Partner Don Campbell.  “The wheels have been set in motion to create a major high-tech industrial park in conjunction with growth at McMaster University, sparking an entrepreneurial spirit in the city.”

The detailed REIN investment report identifies cities, towns and regions poised to outperform other regions of the province over the next  5 years.  As part of the research into this Top Investment Cities list, REIN considered the following key fundamentals: Is the area’s average income increasing faster than the provincial average? Is the area’s population growing faster than the provincial average? Is the area creating jobs faster than the provincial average? Does the area have more than one major employer? Is the area in the RBC Affordability Index Hot Zone (25% to 39%)? Will the area benefit from an economic or real estate ripple effect? Has the political leadership created an economic growth atmosphere? Is the Economic Development Office progressive and helpful? Is the area’s infrastructure being built to handle the expected growth? Are there any major transportation improvements in the works? Is the area attractive to Baby Boomers’ lifestyle? Is there a short term problem occurring that is slated to disappear in the future? Is there a noted increase in labour and materials cost in the area?

“This is further proof that the diversification of Hamilton’s economy is starting to pay great dividends,” said the City of Hamilton’s Economic Development Division Director Neil Everson.  “We’re thrilled with the ranking once again and encourage investors to contact us to learn more about one of Ontario’s hottest economies.”

To Order a Copy Of The Complete 80+ Page Top Ontario Investment Towns Research Report Visit: www.topontariotowns.com

XCEEi and iF Foster Co-Creation on the Factory Floor

Hamilton, ON (May 1, 2012) – McMaster University’s Xerox Centre for Engineering Entrepreneurship and Innovation (XCEEi) and Hamilton’s Regional Innovation Centre, Innovation Factory (iF), have come together to increase activities in the Don Pether Incubation Centre at McMaster Innovation Park. Recognizing that innovation and entrepreneurship are instrumental to Hamiltonʼs prosperity, the partnership aims to provide the space needed to grow an entrepreneurial ecosystem with a new initiative: Factory Floor.

Click here to read the full release (PDF)

Startup Weekend Inspires Entrepreneurs in Hamilton Again

Hamilton, ON (April 30, 2012) – Last weekend, 95 developers, designers, marketers, business professionals, animators, and engineers came together in the Collaboratory at Mohawk College to spend 54 hours trying to launch new startups in Hamilton.

Click here to read the full release (PDF)

Global Sensation Startup Weekend Returns to Hamilton

Hamilton, ON (April 16, 2012) – Hamilton’s Regional Innovation Centre (RIC), Innovation Factory (iF) has teamed up once again with Software Hamilton to bring the international movement of Startup Weekend to Hamilton this spring. Startup Weekend is a global network of passionate leaders & entrepreneurs on a mission to inspire, educate & empower individuals, teams & communities. Attendees come share to ideas, form teams & launch startups.

Click here to read the full release (PDF)

National Conference on Urban Renewal Moving to Hamilton

Hamilton, ON – April 2, 2012 – Downtown Hamilton will be a living laboratory for best practices in urban renewal when the Strategy Institute holds its fourth annual Transforming and Revitalizing Downtown Summit in Hamilton (June 6-7th, Crowne Plaza Hotel, Hamilton). This is the first time the event has ever been out of Downtown Toronto.

Click here to read the full release (PDF)

2011 Downtown Employment Statistics

Employment surveys were conducted in 2011 to compile the number of jobs in Hamilton’s six (6) downtown areas, including Ancaster Village, Binbrook community core, Downtown Dundas, Downtown Hamilton, Downtown Stoney Creek and Downtown Waterdown.

Click here to read the full release (PDF).

Award to recognize science & engineering contribution to the motion picture industry

Toronto, Canada – January 6, 2012 – PV Labs Inc., a leader in high-end image acquisition and analytics, is pleased to announce that The Academy of Motion Picture Arts and Sciences® will honour the science and engineering accomplishment for the concept, design and implementation of the Pictorvision Eclipse, an electronically stabilized aerial camera platform.

Click here to read the full release (PDF)

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WELCOME TO HAMILTON

Ranked Canada's most diversified economy, home to Canada's busiest multi-modal cargo airport, the busiest port on the Canadian Great Lakes, and centrally located within a one hour drive to Toronto, Waterloo and the Niagara/US Border, Hamilton is at the center of it all. With two internationally renowned post-secondary institutions in the city (surrounded by 23 other), a diverse and learned workforce and both ample greenfield and urban sites upon which to build, we're ready for your investment.

Welcome to unstoppable.