Hamilton, Ontario is now Canada's most diversified economy and has welcomed billions of dollars in economic activity and investment over the past several years
CASE STUDY: Building a diverse economy, Hamilton in Canada
Hamilton, Ontario was a strong manufacturing centre that was faced with increasing competition and an expected 55 per cent of its manufacturing workforce to retire in the medium term.
Targeted investment in its education and health sectors and a proactive transformation to a high-tech and knowledge centric economy provided a diverse and resilient regional centre.
This early and strategic action protected those vulnerable to change and set Hamilton’s economy, job market and citizens up for success.
The city is now a national manufacturing hub, with burgeoning life sciences and food processing sectors.