07-06-2017 20:10 via huffingtonpost.ca

Home Renovations May Be Sending Canadians Into Even Deeper Debt

Canadians sure love their home renovations.
So much so, according to a new survey, that nearly half are willing to spend money they don't have to pay for them.More than 1,000 Canadians who were planning to renovate their homes in the next year were interviewed for the survey, which was conducted by Ipsos on behalf of BDO Canada.
Nearly half of renovators (43 per cent) said they would use at least some debt to finance their projects, and expected to need it for about 60 per cent of the cost. They
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