TORONTO — Canadians are spending more than ever on home improvement, according to a new report, and part of the explanation comes from the small screen. Real estate consultants at Altus Group told Financial Post that the bumper of enthusiasm is partially attributable to “the HGTV” effect, with many Canadians having renovation envy after seeing the projects featured on the station’s shows and others like them. Renovation spending, which has climbed for 15 successive years, hit a record $63.4 billion last year, making up 3.7% of Canada’s total GDP.
Reno shows help drive record spending
Most Recent
Most Read
HBC debuts Zellers locations
Fri, March 24th, 2023
Peavey sponsors Winter Fair
Fri, March 24th, 2023
Retail sales edge up in January
Fri, March 24th, 2023
Saskatchewan Ace store changes hands
Thu, March 23rd, 2023
Ace Canada holds virtual event
Thu, March 23rd, 2023
From the archives: Walmart Canada marks 20 years
Thu, March 23rd, 2023
Ontario TIMBER MART member enters Quebec market
Wed, March 22nd, 2023
Home Hardware unveils BeautiTone Colour of the Year
Wed, March 22nd, 2023
Newest Wolseley outlet to open in Ajax, Ont.
Wed, March 22nd, 2023
U.S. home resales log first rise in 12 months
Wed, March 22nd, 2023