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Hamilton's economy ranks 15th

Rick Zamperin 900CHML 5/1/2008

The Chief Economist of the Conference Board of Canada says Hamilton is economically in the middle of the pack of 27 cities surveyed.

Speaking this morning at the Hamilton economic summit at the Ancaster Old Mill, Glen Hodgson says Hamilton is doing well in health and innovation, but has problems with the environment and housing.

Hamilton ranks 15th out of the 27 cities surveyed.

Calgary was tops on the list.

The Conference Board estimates that Hamilton's economic growth over the next year will be between 1.5 and 2 per cent.

That lags behind other Canadian cities.

The summit's keynote speaker is renowned urban expert Richard Florida.