In Canada, the home improvement industry is valued at $52.5 billion, up from the $50.2 billion reported in 2020. That’s according to Statista, who also report that 46 per cent of Canadian homeowners planned to spend $1,000 to $10,000 on home improvement projects in 2021. The average planned spend for homeowners surveyed was $10,200 on home renovations that year.
This Special Franchise Focus video takes a closer look at the home improvement industry in Canada, outlining why this is a key opportunity for prospective franchisees in 2022!
Read More of the Special Franchise Focus in the March/April 2022 Issue of Franchise Canada!
