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.
Total Direct Jobs Generated
people work on-site at port terminals, shop-floors and warehouses.
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
private sector employer in Hamilton
people in our region have an employment connection with the Port of Hamilton.
Plus an additional
jobs in Ontario are connected to the cargo that transits the Port of Hamilton
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%
Engineering construction 10%
All other 10%
On-site operations at the Port of Hamilton have a
impact on Ontario’s GDP
Equivalent to hosting 10
Grey Cups each year.
in economic activity is tied to the terminal and other business activities conducted on-site at the Port of Hamilton.
in economic activity is connected to cargo that transits the port.
Port of Hamilton contributes
in local property taxes each year
One of Hamilton’s
industrial/commercial tax payers
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
tonnes of cargo flows through the port each year.
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%.
Agricultural Tonnage 2009
Agricultural Tonnage 2015
has been invested in agri-food infrastructure since 2009.
agri-food related tenants located at the Port of Hamilton.