Arguments in favour of expanding rail transit typically focus on environmental and social benefits; looking out for the little guy while cutting greenhouse gas emissions makes for sound political strategy. But the biggest beneficiary of the new LRT lines in Edmonton and Calgary might be business owners in both cities.

Other advantages exist, too. Reports issued by the Real Estate Investment Network predict that transportation improvements will make real estate values increase up to 20 per cent for property near the development in either city. And increased pedestrian traffic near the new stations should boost the revenue of nearby retail businesses.

Hamilton is second only to Toronto among Canadian cities in attracting new corporate investment over the past year.

It’s the second year in a row Hamilton has ranked among the top cities in Site Selection magazine’s Canada Best to Invest.

Hamilton was also named the top real estate investment choice in Ontario and the third best in Canada over the next five years by the Real Estate Investment Network.