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.
Hamilton needs to undertake a complete spending review as part of their fiscal management cycle.
HSR needs to revisit its transit optimization model
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.
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
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
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