Hamilton and Burlington: two cities, one economy
A core fact stands out: an economic win in one city has positive effects in the other
We share waterways, a storied industrial past, and recreational amenities and natural features that are the envy of the nation. And, of course, we’re linked through a common economy, one that’s attracting greater attention from an increasing number of investors.
On June 27, the Bay Area Economic Summit brings us together under the theme “Ontario’s Connected Regions” to celebrate shared successes, strategize the way forward for our area economy, and increase regional collaboration.
Indeed, the connections between Hamilton and Burlington are numerous. Yet a core fact stands out — an economic win in one city has positive effects in the other.
Take the case of steel production. For more than a century, Hamilton has been known throughout the nation, and indeed the world, as the steel capital of Canada. With the rise and success of this industry came many jobs that boosted the local economy through tax revenues, spending in local shops and quality of life improvements.
The economic impact experienced in Hamilton didn’t stop at the municipal border. Hamilton’s mills and related businesses also helped Burlington grow financially by providing good employment for its residents and kick-starting a local manufacturing community that refined Hamilton steel into valueadded products.
What happened to one, happened to the other. Perhaps not to the same capacity or scale, but the linkages were vital. And it’s this proven bond that will take us into the future.
At the Bay Area Economic Summit, we’ll make a major presentation that uses contemporary case studies to highlight our cities’ economic integration and ties to global supply chains. We’ll underscore an important shared belief: a siloed approach to economic development is a thing of the past. Although we operate distinct economic development offices and report to separate city councils, we routinely come together to position the Bay Area and surrounding region as a magnet for investment.
Investors care less about municipal names and more about regional numbers and attributes. How many potential customers live in the area, how large is the workforce, how many post-secondary institutions are there, how efficient are the transportation systems, what is the quality of life for employees after five o’clock and on the weekends?
We must respond to the needs of regionally-minded investors. We can’t compete on our own, it’s that simple. We understand and accept this reality.
There’s strength in numbers, and we need to work together to show that investment in the Bay Area has great merit because the numbers are so compelling. And along with the numbers, there’s a shared strategic vision that plays to the strengths of our two communities.
Hamilton recently completed its five-year Economic Action Plan. It codifies the economic sectors Hamilton will focus on, the stretch targets through 2020, and the means of evaluation.
In Burlington, city council recently approved its long term strategic plan that includes key economic objectives. These are being incorporated into tactics by the Burlington Economic Development Corporation.
Both plans recognize the value of intercity co-operation and regional connectivity as pathways to local jobs and prosperity.
Today, there’s a common direction and an unprecedented spirit of co-operation. Information is being shared, new markets being sought, and economic alliances are being strengthened. All because, together we are better.
Together, we move each other forward, together we build each other up, and together we succeed.
Glen Norton is the director of the Hamilton Economic Development Office and Frank McKeown is the executive director of the Burlington Economic Development Corporation. Together they are a force for regional economic development.
Together, we move each other forward, together we build each other up, and together we succeed