Editing Hamilton, Ontario (section)

==Economy==
{{Main|Economy of Hamilton, Ontario}}
{{See also|Film industry in Hamilton, Ontario|List of head offices in Hamilton, Ontario}}
[[File:HamiltonOntarioSkylineC.JPG|thumb|View of Downtown Hamilton from atop the Niagara Escarpment.]]

Manufacturing is important to Ontario's economy, and the Toronto–Hamilton region is Canada's most industrialized area. The area from [[Oshawa]], Ontario around the west end of Lake Ontario to Niagara Falls, with Hamilton at its centre, is known as the Golden Horseshoe and had a population of approximately 8.1 million people in 2006.<ref name="2006CensGGH">{{cite web |url=http://www12.statcan.ca/english/census06/analysis/popdwell/subprov4.cfm#ggh |title=Portrait of the Canadian Population in 2006: Sub-provincial population dynamics, Greater Golden Horseshoe |work=[[Statistics Canada]], 2006 Census of Population |date=March 13, 2007 |access-date=August 20, 2008 |archive-url=https://web.archive.org/web/20070315195135/http://www12.statcan.ca/english/census06/analysis/popdwell/Subprov4.cfm#ggh |archive-date=March 15, 2007 |url-status=live}}</ref>

With sixty percent of Canada's steel produced in Hamilton by [[Stelco]] and [[Dofasco]], the city has become known as the Steel Capital of Canada.<ref name=steelcap>{{cite news |last=Schneider |first=Joe |title=Hamilton Steel capital of Canada |newspaper=International Herald Tribune |url=http://www.iht.com/articles/2006/01/23/business/bxsteel.php |date=January 24, 2006 |access-date=January 4, 2008 |archive-url=https://web.archive.org/web/20071015082004/http://iht.com/articles/2006/01/23/business/bxsteel.php |archive-date=October 15, 2007 |url-status=live}}</ref> After nearly declaring bankruptcy, Stelco returned to profitability in 2004.<ref name=steelprofit>{{cite web| last = Wines| first = Leslie| title = Stelco has returned to profitability| publisher= CBS Market Watch| url=http://www.marketwatch.com/News/Story/Story.aspx?guid={F484DECA-6A84-4D0C-9D6F-255CF1F2AE27}&dist=ArchiveSplash&param=archive&siteid=mktw&garden=&minisite=| date=December 24, 2004|access-date = January 4, 2008}}</ref> On August 26, 2007 [[United States Steel Corporation]] acquired Stelco for C$38.50 in cash per share, owning more than 76 percent of Stelco's outstanding shares.<ref name=USSTEEL>{{cite web |title=U. S. Steel Agrees to Acquire Stelco. |url=http://www.stelco.com/investorCentre_article.aspx?releaseId=1044891 |publisher=Stelco.com |access-date=January 4, 2008 |url-status=dead |archive-url=https://web.archive.org/web/20071031021951/http://www.stelco.com/investorCentre_article.aspx?releaseId=1044891 |archive-date=October 31, 2007 |df=mdy-all}}</ref> On September 17, 2014, US Steel Canada announced it was applying for bankruptcy protection and it would close its Hamilton operations.<ref name=Globe&Mail>{{cite news |title=U.S. Steel Canada to sell Hamilton Works operations |url=https://www.theglobeandmail.com/report-on-business/us-steel-canada-to-sell-hamilton-works-operations/article20748635/ |work=The Globe and Mail |date=September 23, 2014 |access-date=September 25, 2014 |archive-url=https://web.archive.org/web/20140925060052/http://www.theglobeandmail.com/report-on-business/us-steel-canada-to-sell-hamilton-works-operations/article20748635/ |archive-date=September 25, 2014 |url-status=live |last1=Keenan |first1=Greg}}</ref>

A stand-alone subsidiary of [[ArcelorMittal]], the world's largest steel producer, Dofasco produces products for the automotive, construction, energy, manufacturing, pipe and tube, appliance, packaging, and steel distribution industries.<ref name="dofasco">{{cite web |url=http://www.dofasco.ca/bins/content_page.asp?cid=2347-2349-93261 |title=Dofasco one of North America's most profitable steel companies |last=Forstner |first=Gordon |date=October 31, 2005 |publisher=Dofasco |archive-url=https://web.archive.org/web/20081006160056/http://www.dofasco.ca/bins/content_page.asp?cid=2347-2349-93261 |archive-date=October 6, 2008 |url-status=dead |access-date=January 4, 2008}}</ref> It has approximately 7,300 employees at its Hamilton plant, and the four million tons of steel it produces each year is about 30% of Canada's flat-rolled sheet steel shipments. Dofasco was North America's most profitable steel producer in 1999, the most profitable in Canada in 2000, and a long-time member of the [[Dow Jones Sustainability World Index]]. Ordered by the U.S. Department of Justice to divest itself of the Canadian company, ArcelorMittal has been allowed to retain Dofasco provided it sells several of its American assets.<ref>{{cite news |last=Hamilton Spectator News Wire |title=Dofasco deadline looms |work=Hamilton Spectator |date=December 14, 2006 |url=http://www.hamiltonspectator.com/NASApp/cs/ContentServer?pagename=hamilton/Layout/Article_Type1&c=Article&cid=1166050213293&call_pageid=1020420665036&col=1112101662835 |access-date=September 28, 2008 |url-status=dead |archive-url=https://web.archive.org/web/20070927194234/http://www.hamiltonspectator.com/NASApp/cs/ContentServer?pagename=hamilton%2FLayout%2FArticle_Type1&c=Article&cid=1166050213293&call_pageid=1020420665036&col=1112101662835 |archive-date=September 27, 2007}}</ref>