Department of Justice to divest itself of the Canadian company, Arcelor Mittal has now been allowed to retain Dofasco provided it sells several of its American assets instead.
Originally, in the 1940s, the John C. Munro Hamilton International Airport was used as a wartime air force training station. Today Trade Port International Corporation manages and operates the John C. Munro Hamilton International Airport. Under Trade Port management, passenger traffic at the Hamilton terminal has increased from 90,000 in 1996 to approximately 900,000 in 2002. The airport's mid-term target for growth in its passenger service is five million air travellers annually. The air cargo sector of the airport has 24-7 operational capability and strategic geographic location, allowing its capacity to increase by 50% since 1996; 91,000 metric tonnes (100,000 tons) of cargo passed through the airport in 2002. Courier companies with operations at the airport include United Parcel Service and Cargo jet Canada. In 2003, the city began developing a 30-year growth management strategy which called, in part, for a massiveaerotropolis industrial park centred around Hamilton Airport. The aerotropolis proposal, now known as the Airport Employment Growth District, is touted as a solution to the city's shortage of employment lands. Hamilton turned over operation of the airport to Trade Port International Corp. in 1996. In 2007, YVR Airport Services (YVRAS), which runs the Vancouver International Airport, took over 100 per cent ownership of Trade Port in a $13-million deal. The airport is also home to the Canadian Warplane Heritage Museum.
A report by Henson Consulting identified an opportunity to develop 1,000 hectares (2,500 acres) of Greenfields (the size of the Royal Botanical Gardens) that could generate an estimated 90,000 jobs by 2031. A proposed aerotropolis industrial park at Highway 6 and 403, has been debated at City Hall for years. Opponents feel the city needs to do more
