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WHAT IS UP
WITH
HAMILTON,
ONTARIO
Presenter Name: Paul Young CPA CGA
September 28, 2022
PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
AGENDA
1. Manufacturing Sector
2. Tech Sector
3. Labor Market
4. Housing Market
5. Living Wage
6. Food Share
7. F/S – Hamilton, Ontario
8. Crime
9. Transit – Hamilton
PRESENTATION TITLE 2/11/20XX 3
MANUFACTURING
SECTOR
PRESENTATION TITLE 2/11/20XX 4
TECH SECTOR
Source - https://techtalent.ca/canadian-tech-cities/
PRESENTATION TITLE 2/11/20XX 5
CBRE-2020-Canada-S
coring-Tech-Talent.pdf
REGIONAL LABOR
REPORT
Source – BMO Economics
PRESENTATION TITLE 2/11/20XX 6
HOUSING MARKET
PRESENTATION TITLE 2/11/20XX 7
TINY HOMES
PRESENTATION TITLE 2/11/20XX 8
VACANT PROPERTIES – HAMILTON
PRESENTATION TITLE 2/11/20XX 9
LIVING WAGE
Source - https://www.insauga.com/can-you-afford-to-live-here-hamiltons-living-wage-rate-
has-been-updated-for-2021/
PRESENTATION TITLE 2/11/20XX 10
FOOD SHARE
PRESENTATION TITLE 2/11/20XX 11
HAMILTON F/S
PRESENTATION TITLE 2/11/20XX 12
TRANSIT
PRESENTATION TITLE 2/11/20XX 13
TRANSIT
PRESENTATION TITLE 2/11/20XX 14
CRIME
Source - https://www.universitymagazine.ca/cities-with-highest-crime-rate-canada-2021/
PRESENTATION TITLE 2/11/20XX 15
MUNICIPAL SPENDING
Source – Fraser Institute
PRESENTATION TITLE 2/11/20XX 16
SUMMARY
• Hamilton, Ontario is facing many challenges:
• Housing supply / Costs
• Attracting the next generation of jobs
• Vacant property
• Economic Development
• Cost of Transit
• Public Safety
• Infrastructure
• Living wage has gone up to over $35K
PRESENTATION TITLE 2/11/20XX 17
Blog – What is next for City of Hamilton – September 2022
Summary:
Hamilton is struggling with high costs of rent and affordable housing
Hamilton is attracting for investment. Majority of the construction is related to real estate and
commercial.
More needs to be done to make Hamilton an incubation hub for advance manufacturing, vertical
farming, IT, and the green economy.
Hamilton ports needs to look at ways to expand its traffic flow.
Study shows
Hamilton food bank users are 'poorest of the poor' CBC News.pdf
Hamilton road voted
worst in Ontario, roads in Ottawa, Toronto and Kingston make CAA list CBC News.pdf
Hamilton Housing
Market Report Sep. 7th, 2022 Update Interactive Map - WOWA.ca.pdf
High inflation leaves
Hamilton parents with an expensive return to school.pdf
Average Hamilton
rent up 21_ as Canada reaches record high rental prices report inTheHammer.pdf
Ontario Investing an
Additional $90 Million into Skills Development Fund Ontario Newsroom.pdf
Crime Comparison
Between Hamilton, Canada And Toronto, Canada. Safety Comparison..pdf
Skyrocketing rents
‘absolutely unsustainable’ for Hamilton tenants TheSpec.com.pdf
Hamilton’s
population up six per cent, outpacing provincial average TheSpec.com.pdf
Ontario invests $40
million to grow global life sciences sector at Hamilton's McMaster Innovation Park TheSpec.com.pdf
Sectors & Industries -
Performance - Fidelity.pdf
The Pros and Cons of
the Top Canadian Cities for Tech Workers Relocating to Canada - Syndesus.p
1. Hamilton and inflation - https://ca.sports.yahoo.com/news/high-inflation-leaves-hamilton-
parents-080000126.html
2. Rents - https://www.insauga.com/average-hamilton-rent-up-21-as-canada-reaches-record-high-
rental-prices-report/
3. Investment - https://news.ontario.ca/en/release/1002317/ontario-investing-an-additional-90-
million-into-skills-development-fund
4. Crime https://news.ontario.ca/en/release/1002317/ontario-investing-an-additional-90-million-
into-skills-development-fund
5. Rents - https://www.thespec.com/business/real-estate/2022/09/19/hamilton-rental-
apartment.html
6. Population - https://www.thespec.com/business/real-estate/2022/09/19/hamilton-rental-
apartment.html
7. Innovation - https://www.thespec.com/local-ancaster/news/2022/04/01/ontario-invests-40-
million-to-grow-global-life-sciences-sector-at-hamilton-s-mcmaster-innovation-park.html
8. Top sector -
https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/si_performance.jhtml?tab=si
performance
9. Incubation Centers - https://syndesus.com/pros-and-cons-canadian-cities-for-tech-workers/
10. Poverty - https://www.cbc.ca/news/canada/hamilton/hamilton-food-share-mcmaster-food-
bank-users-study-1.6202102
11. Roads - https://www.cbc.ca/news/canada/hamilton/worst-roads-ontario-2022-1.6480008

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What is next for Hamilton, Ontario - September 2022.pptx

  • 1. WHAT IS UP WITH HAMILTON, ONTARIO Presenter Name: Paul Young CPA CGA September 28, 2022
  • 2. PAUL YOUNG - BIO • CPA, CGA (1996) • Academia (PF1, FA4, FN2, MU1. and MS2) • SME – Customer Success Management • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Emerging Technology • SME – Business Process Change • SME – Financial Solutions • SME – Macro/Micro Indicators • SME – Supply Chain Management • SME – Data, AI, Security, and Platform • SME – Internal Controls and Auditing Contact information email: Paul_Young_CGA@hotmail.com LinkedIn: https://www.linkedin.com/in/paul-young-055632b/ SlideShare - https://www.slideshare.net/paulyoungcga Twitter: https://twitter.com/paulyoungcpa Youtube - https://www.youtube.com/user/youngercga1968/videos
  • 3. AGENDA 1. Manufacturing Sector 2. Tech Sector 3. Labor Market 4. Housing Market 5. Living Wage 6. Food Share 7. F/S – Hamilton, Ontario 8. Crime 9. Transit – Hamilton PRESENTATION TITLE 2/11/20XX 3
  • 5. TECH SECTOR Source - https://techtalent.ca/canadian-tech-cities/ PRESENTATION TITLE 2/11/20XX 5 CBRE-2020-Canada-S coring-Tech-Talent.pdf
  • 6. REGIONAL LABOR REPORT Source – BMO Economics PRESENTATION TITLE 2/11/20XX 6
  • 9. VACANT PROPERTIES – HAMILTON PRESENTATION TITLE 2/11/20XX 9
  • 10. LIVING WAGE Source - https://www.insauga.com/can-you-afford-to-live-here-hamiltons-living-wage-rate- has-been-updated-for-2021/ PRESENTATION TITLE 2/11/20XX 10
  • 16. MUNICIPAL SPENDING Source – Fraser Institute PRESENTATION TITLE 2/11/20XX 16
  • 17. SUMMARY • Hamilton, Ontario is facing many challenges: • Housing supply / Costs • Attracting the next generation of jobs • Vacant property • Economic Development • Cost of Transit • Public Safety • Infrastructure • Living wage has gone up to over $35K PRESENTATION TITLE 2/11/20XX 17 Blog – What is next for City of Hamilton – September 2022 Summary: Hamilton is struggling with high costs of rent and affordable housing Hamilton is attracting for investment. Majority of the construction is related to real estate and commercial. More needs to be done to make Hamilton an incubation hub for advance manufacturing, vertical farming, IT, and the green economy. Hamilton ports needs to look at ways to expand its traffic flow. Study shows Hamilton food bank users are 'poorest of the poor' CBC News.pdf Hamilton road voted worst in Ontario, roads in Ottawa, Toronto and Kingston make CAA list CBC News.pdf Hamilton Housing Market Report Sep. 7th, 2022 Update Interactive Map - WOWA.ca.pdf High inflation leaves Hamilton parents with an expensive return to school.pdf Average Hamilton rent up 21_ as Canada reaches record high rental prices report inTheHammer.pdf Ontario Investing an Additional $90 Million into Skills Development Fund Ontario Newsroom.pdf Crime Comparison Between Hamilton, Canada And Toronto, Canada. Safety Comparison..pdf Skyrocketing rents ‘absolutely unsustainable’ for Hamilton tenants TheSpec.com.pdf Hamilton’s population up six per cent, outpacing provincial average TheSpec.com.pdf Ontario invests $40 million to grow global life sciences sector at Hamilton's McMaster Innovation Park TheSpec.com.pdf Sectors & Industries - Performance - Fidelity.pdf The Pros and Cons of the Top Canadian Cities for Tech Workers Relocating to Canada - Syndesus.p 1. Hamilton and inflation - https://ca.sports.yahoo.com/news/high-inflation-leaves-hamilton- parents-080000126.html 2. Rents - https://www.insauga.com/average-hamilton-rent-up-21-as-canada-reaches-record-high- rental-prices-report/ 3. Investment - https://news.ontario.ca/en/release/1002317/ontario-investing-an-additional-90- million-into-skills-development-fund 4. Crime https://news.ontario.ca/en/release/1002317/ontario-investing-an-additional-90-million- into-skills-development-fund 5. Rents - https://www.thespec.com/business/real-estate/2022/09/19/hamilton-rental- apartment.html 6. Population - https://www.thespec.com/business/real-estate/2022/09/19/hamilton-rental- apartment.html 7. Innovation - https://www.thespec.com/local-ancaster/news/2022/04/01/ontario-invests-40- million-to-grow-global-life-sciences-sector-at-hamilton-s-mcmaster-innovation-park.html 8. Top sector - https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/si_performance.jhtml?tab=si performance 9. Incubation Centers - https://syndesus.com/pros-and-cons-canadian-cities-for-tech-workers/ 10. Poverty - https://www.cbc.ca/news/canada/hamilton/hamilton-food-share-mcmaster-food- bank-users-study-1.6202102 11. Roads - https://www.cbc.ca/news/canada/hamilton/worst-roads-ontario-2022-1.6480008

Editor's Notes

  1. https://https://economics.bmo.com/en/publications/detail/aeb9a3f8-16ff-4ddd-aab6-baf12739e7c2/
  2. https://wowa.ca/hamilton-housing-market and https://www.zolo.ca/hamilton-real-estate/trends or https://www.judymarsales.com/news/blog/hamilton-real-estate-market-statistics-for-july-2018.aspx or https://wowa.ca/hamilton-housing-market
  3. https://www.insauga.com/hamiltons-first-tiny-home-could-have-huge-impact-on-citys-affordable-housing-crisis/
  4. https://www.cbc.ca/news/canada/hamilton/vacant-homes-hamilton-1.6090315
  5. https://globalnews.ca/news/8250112/mcmaster-hamilton-food-share-study-users-poor/
  6. https://www.cbc.ca/news/canada/hamilton/lrt-hamilton-1.6066060 or
  7. https://globalnews.ca/news/4889995/hamilton-street-railway-ridership-inches-upwards-but-still-below-projections-in-10-year-growth-plan/