Quote:
Originally Posted by NorthEndRules
My original point was that a piece of land in Dundas was remediated for habitation. Does anyone know if the Stelco lands are beyond remediation? ie. too expensive. Didn't that Turkstra guy buy some land to remediate? I wonder what he's planning.
If you think about it that is alot of land used to employ 1400 people, not to mention the pollution, the waterfront/city image.
The global trend is to move labour intensive jobs to lower wage countries. They only reason global giants like Arcelor and US steel would want North American plants is proximity to customers and hard to train specialized skilled labour. It's innovation and an educated workforce that will provide future jobs here.
|
Exactly. Do I know what will happen or when? No.
Do I think the steel industry will eventually move out of Hamilton... sure, eventually.
Although in the shorter-term it's terrible for those who directly rely on it, it is a lot of land used to employ a relatively small amount of people, however many there are/were/will be.
If we have skilled tech jobs, etc. in a skyscraper or two downtown employs the same amount of people and makes better use of a smaller piece of land... And the surrounding land can be used for other purposes. Imagine actually talking about skyscrapers on this forum.
Short-term it's no fun for anyone. It changes a lot about the city. But in the long-term, it may prove the greater asset.
Worst-case scenario, of course, would be to see the steel mills gone and no one who wants to touch the brownfields. Being waterfront though, it would happen eventually.