Quote:
Originally Posted by emge
In Hamilton, the industry limps along, with no end nor glory in sight, while city politicians cling to the idea of manufacturing like a security blanket. Even Mayor Eisenberger still refers to the city’s steel industry as “a very good asset,” although, to an observer, its economic benefits no longer offset its vast, ugly footprint.
Yeah, that's about it.
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I disagree with that, if you took away Stelco and Dofasco, you take away tens of thousands of good paying jobs. Several thousand people still work directly at those plants, many more work in related construction and contract work, many more work at the dozens of other factories that depend on the steel plants.
It's not just the jobs, it's the municipal taxes that those businesses pay. The city can't afford to lose them, and they do make up a significant part of the economy.