This year was an important year for home renovations. Alas, 2016 was speckled with economic and political events that affected homeowners across the country. Mortgage qualification rules tightened and potential housing bubbles emerged. By the middle of 2016, economists expected renovation spending to rise. One Canadian economist, Gregory Klump, suggested that limited housing supply and strong competition made home renovations seem like a more feasible option than buying... [read more]