https://investinhamilton.ca/ftz/
Today, the Government of Canada announced the formal recognition of Hamilton as a Foreign Trade Zone Point. This important designation greatly enhances services for Hamilton companies with global ambitions.
Hamilton’s Foreign Trade Zone point aims to help businesses expand their reach to international markets through a combination of tax and duty relief programs, tariff exemptions and exclusive concierge investment services by a dedicated group of sector experts. These individuals are at the ready to assist businesses with inquiries, information, programs and incentives to advance and expand international trade opportunities. Hamilton’s FTZ point also provides direct contact and programs offered by the Canada Border Service Agency (CBSA) as well as the Canada Revenue Agency (CRA) and various Federal and Provincial programs that may be available.
How effective does everyone think this will be at attracting business? Maybe is Airport lands and Stelco lands get developed with advanced manufacturing and other businesses, Hamilton's prominence at being an exporter will grow.
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