As reported in The Spec (see full story here) , in 2009, Hamilton improved its non-residential tax base. The gains have largely been attributed to industrial and commercial fronts. Industrial building permits grew in value by 113% in 2009. Commercial permits grew by 37% over the previous year. Relative to other municipalities, a claim has been made that Hamilton’s progress exceeds the norm.
Projects such as The Tim Hortons Coffee roasting plant, the CANMET materials lab and the Mountain Plaza mall were cited as significant contributors.
Do you see these stats as an indicator that Hamilton is showing signs of promise? To the extent you do, what do you attribute this to?
Tuesday, March 9, 2010
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