McMaster Innovation Park

BDC provided $57 million, its largest contribution to date under this initiative, to support McMaster Innovation Park's new $69-million research complex that will help boost the new economy in the Hamilton area. In collaboration with McMaster University, this 37-acre complex is evolving into a number of labs and research facilities focused mainly on new technology and higher-value products. The anchor tenant is Natural Resources Canada's CANMET Materials Technology Laboratory, one of the most recognized centres of research excellence of its kind in Canada.