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
Hardlines Conference goes west in 2023
Thu, June 30th, 2022
Spectrum Brands sales team sees transitions
Thu, June 30th, 2022
Napoleon CFO promoted to president
Thu, June 30th, 2022
Quebec hardware stores spared inventory glut
Thu, June 30th, 2022
TIMBER MART welcomes B.C. member
Wed, June 29th, 2022
Experts forecast summer drop in lumber prices
Wed, June 29th, 2022
Inflation, housing prices squeeze renovations
Tue, June 28th, 2022
spoga+gafa attendance rebounds
Tue, June 28th, 2022
Featured Classified: Kidde Canada
Tue, June 28th, 2022
Intertape Polymer cleared to go private
Mon, June 27th, 2022