Port of StocktonCleveland Cascades LtdTelestackCimbriaTBA GroupPort of South Louisiana
  • Telestack
  • Sailors Society
  • Cleveland Cascades Ltd
  • Port of Stockton
  • Vigan
  • Port of South Louisiana

Hamilton Port designated FTZ

Hamilton Port designated FTZ

(Posted on 12/11/20)

Canada’s Minister of Economic Development, the Honourable Mélanie Joly, has designated Hamilton a Foreign Trade Zone (FTZ) Point—making Hamilton the 14th FTZ in Canada, and third in Ontario. As a result, businesses that import/export goods or manufacture products in Hamilton will now have access to direct support on a range of duty deferrals and tax exemptions.

The Port of Hamilton handles some 10 million tonnes of bulk and breakbulk cargo annually, more than any other port on the Canadian Great Lakes.

Hamilton is already a multimodal hub, with a thriving cargo port and airport, and strategically located in close proximity to 400-series highways, the U.S. border, and the Greater Toronto Area. Now with the FTZ designation, it will be even more attractive and advantageous to do business in Hamilton. As Canada recovers from the effect of the pandemic, helping local businesses and strengthening our supply chains will be of key importance.

A small team of local partners, including HOPA Ports, the City of Hamilton’s Economic Development Department, and John C Munro Hamilton International Airport, worked tirelessly and collaboratively over the past two years to achieve this designation.

Ian Hamilton, President & CEO, HOPA Ports said, “From our well-connected transportation network, to the country’s most diverse economy, the Foreign Trade Zone designation will build on Hamilton’s momentum as a goods movement leader and key trade gateway. The port and our partners are proud to help Canadian businesses expand into new markets, grow our economy, and generate well-paying jobs. In Hamilton, we know that we go farther by working together, and this announcement is evidence of that fact.”

The Government of Canada said, “As Ontario’s most diversified economy, home to world-class post-secondary institutions, a wide range of industries, and at an opportune location for national and international trade, Hamilton is a key contributor to Ontario’s economy. As we work toward a strong recovery from the impacts of COVID-19, the Government of Canada continues to support local economic growth.

That’s why today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, along with the Honourable Filomena Tassi, Minister of Labour and Member of Parliament for Hamilton West—Ancaster—Dundas, and Bob Bratina, Member of Parliament for Hamilton East—Stoney Creek, announced support for a local manufacturer, as well as Hamilton’s official designation as a Foreign Trade Zone (FTZ) Point.

The COVID-19 crisis has had unprecedented repercussions on key sectors of Ontario’s industry. The government of Canada is well-aware of the economic impacts of the health and economic crisis on manufacturing the businesses and it will continue to support job-creating businesses.

With an investment of almost $4 million from FedDev Ontario, Hamilton-based packaging manufacturer and supplier HT Productions Inc. (Whitebird) will expand its facility, acquire new cutting-edge advanced manufacturing equipment and transition to a new customer-centric online system to better accommodate customer orders. With this investment, this family-owned company will create 45 skilled jobs and maintain another 105 in Hamilton.

As the local economy continues to grow and diversify, the Government of Canada is helping to bolster Hamilton’s position as a great place to do business, create jobs and invest. To that end, Minister Joly, Minister Tassi and MP Bratina today announced Hamilton’s designation as an FTZ Point.”

Latest News

Pilbara connects to Asia with new freight service

(Posted on 24/02/21)

A new commercial freight shipping service connecting Western Australia’s Pilbara region to the... Read more


Hope Consortium ensures vaccine supply

(Posted on 24/02/21)

Hope Consortium, an Abu Dhabi-led public-private partnership delivering large quantities of COVID-19... Read more


PD Ports joins with Rotterdam to get smarter

(Posted on 17/02/21)

PD Ports has announced a new partnership with the Port of Rotterdam, Europe’s largest port, to... Read more


Port and municipality united on flood risk

(Posted on 17/02/21)

The Port of Rotterdam Authority and the Municipality of Rotterdam have reached agreements on how to... Read more


CN and CP report latest grain transport records

(Posted on 11/02/21)

Canadian Pacific moved 2.22 million metric tonnes (MMT) of Canadian grain and grain products in January... Read more


New Euroports grain unloading station

(Posted on 10/02/21)

A new grain unloading station will strengthen Rauma’s grain traffic. During the autumn, Euroports... Read more


HAROPA’s resilient year and a second-half rebound

(Posted on 04/02/21)

In an extremely difficult global economic context, HAROPA ended 2020 with overall maritime and river... Read more


NPRC to use hydrogen-powered barges

(Posted on 04/02/21)

In a joint project, Covestro and the logistics service provider Nederlandse Particuliere Rijnvaart Centrale... Read more


2020 results keep Trois-Rivières on course

(Posted on 29/01/21)

In 2020, the Canadian Port of Trois-Rivières recorded a volume of goods handled totalling 3.3... Read more


Rotterdam joins BIM Basis Infra

(Posted on 29/01/21)

The Port of Rotterdam and the construction industry are embracing digitisation at a rate of knots. Digitisation... Read more


ViganPort of Vancouver USASailors SocietyTOC EventsBühler GmbHThe Wolfson Centre for Bulk Solids Handling Technology
  • TOC Events
  • Bühler GmbH

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping