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
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024