Hamilton’s Working Waterfront:

Port Of Hamilton Economic Impact Study

The Port of Hamilton is a key economic engine in Hamilton, and across Ontario. As the largest Canadian port on the Great Lakes system, the Port of Hamilton receives approximately 600 vessel calls per year, handling large volumes of minerals, coal, fuel, agricultural and other products. Of note, the port is critical in supporting the important steel-making industry in Hamilton as well smaas grain producers in Southern Ontario. An estimated $1.9 billion worth of cargo flow through the Port of Hamilton annually.

Conducted by CPCS, the purpose of the Port of Hamilton Economic Impact Study is to estimate the economic impact of port activities on the local and provincial economy of Ontario. The study measured the economic and employment impacts of the on-site activities at the Port of Hamilton, and the value of the cargo shipped through Hamilton by vessel.

This study did not investigate the downstream impacts of the cargo transiting the port. A 2010 study of that aspect found the cargo handled by the Port of Hamilton is connected to 38,000 jobs and $6 billion in economic activity throughout Ontario.

 

EMPLOYMENT


Total Direct Jobs Generated

2132

people work on-site at port terminals, shop-floors and warehouses.

  • Full-Time (1724)

  • Part-Time (71)

  • Seasonal (337)

A further

1979

people have an indirect or induced employment connection with the Port, providing goods and services to port-based customers. (1239 indirect, 740 induced).

On site employment at the Port of Hamilton has grown 30% since 2009

top 5

private sector employer in Hamilton

In total

4111

people in our region have an employment connection with the Port of Hamilton.

Plus an additional

38000

jobs in Ontario are connected to the cargo that transits the Port of Hamilton

$
261

MILLION

in labour income is pumped back into the local economy each year through personal spending.

PORT JOBS ARE GOOD JOBS

Jobs at the Port of Hamilton are concentrated in three areas: transportation and warehousing, manufacturing and engineering/construction.

  • Transportation and warehousing 38%

  • Manufacturing 42%

  • Engineering construction 10%

  • All other 10%

Jobs at the port pay 20% more than the Ontario average

ECONOMY


On-site operations at the Port of Hamilton have a
$

416

Million

impact on Ontario’s GDP

Equivalent to hosting 10
Grey Cups each year.

Close to

$1 BILLION

in economic activity is tied to the terminal and other business activities conducted on-site at the Port of Hamilton.

A further

$6 BILLION

in economic activity is connected to cargo that transits the port.

Port of Hamilton contributes

$5 million

in local property taxes each year

One of Hamilton’s

top 10

industrial/commercial tax payers

$300+ million in capital investment attracted = thousands of construction jobs in Hamilton.


SUPPLY CHAINS

The Port of Hamilton is a major cargo gateway, and an essential supply chain link in some of Ontario’s most important industries: advanced manufacturing, steel-making and agri-food.

The cargo transiting the Port of Hamilton each year has a value of

$ 1.9

BILLION

$

10

Million

tonnes of cargo flows through the port each year.

The Port’s highest volume commodities are: iron ore, coal and soybeans.

The Port’s highest total-value commodities are finished steel, soybeans and iron ore.


Agri-Food

The Port of Hamilton is the primary export gateway for Ontario-grown corn, wheat, and soybeans.

Between 2009 and 2015, agricultural tonnage has increased from 9.8% to 18%.

9%

Agricultural Tonnage 2009

18%

Agricultural Tonnage 2015

$
200

Million

has been invested in agri-food infrastructure since 2009.

There are

13

agri-food related tenants located at the Port of Hamilton.

Ontario grain producers say: the existence of multiple terminals at the Port of Hamilton provides competitive options and better export access.

The Port of Hamilton offers a competitive advantage, being located in close proximity to Ontario’s grain production areas, and providing the most direct route to the St. Lawrence Seaway.

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Download the full study at hamiltonport.ca/economy

WWW.HAMILTONPORT.CA | 605 JAMES ST. NORTH, HAMILTON, ON L8L 1K1
PHONE: 905-525-4330 | TOLL-FREE: 800-263-2131 | @HamiltonPort

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