Paul Tipple
3/15/2013
Hamilton's Director of Economic Development is taking issue with a new report from the Conference board of Canada.
It's warning the city's population isn't growing fast enough for solid economic growth.
It says Hamilton’s average population growth between 2008 and 2012 was less than 1 per cent a year, just below the national average of 1.25 per cent.
But Neil Everson says the increase in residential development in the city seems to indicate those numbers may be wrong.
He says the city set a record last year with 660 million dollars worth of residential building permits.
Everson believes many of those homes are being purchased by people who have migrated to Hamilton from other parts of the GTA where housing is more expensive.
|