May 16, 2017 8:52 pm

Hamilton economic development team hoping to lure Toronto investors

Hamilton's economic development department is hoping Toronto business owners will hear their pitch about why the Steel City is a good place to invest.

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Hamilton’s economic development department is heading down the highway in the hopes of drumming up some business.

An event called Hamilton Consulate will be taking over Queen Street West later this month.

The idea is to grab the attention of those in Toronto who have long looked elsewhere to invest.

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“This is very much focused to people who are looking to perhaps expand their company or looking for a collaboration partner,” said Glen Norton, the city’s Director of Economic Development.

“It’s about business,” he added. “This is not about getting new residents into the city — that’s happening already because people are discovering what a great city Hamilton is.”

READ MORE: Hamilton unemployment rate lowest of major Ontario cities

Norton says the hope is to offset the residential tax burden by reeling in more businesses.

The event will include panels on different industries that are thriving in Hamilton, including real estate, film, technology and steel.

Hamilton Consulate will take place May 31 and June 1 at The Burroughs building in Toronto.

© 2017 Global News, a division of Corus Entertainment Inc.

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