{"id":953,"slug":"chba-renovation-sector-105-5b-2023-526k-jobs","title":"CHBA: Canadian residential renovation/maintenance/repair sector = $105.5B nominal spend in 2023, ~526,000 jobs, $36.9B wages","kind":"reference","scope":"business","status":"current","audiences":["kevin","smb-owner","candid-team"],"topics":["measurement","renomark","home-renovation-vertical"],"reference_body":"**Claim:** Canada's **residential renovation, maintenance, and repair sector** represented:\n\n- **~$105.5 billion in nominal spending in 2023**\n- **~526,000 jobs supported**\n- **~$36.9 billion in wages paid**\n\n**Source:** Building Excellence January 15, 2025 (CHBA 2024 economic update).\n\n**Confidence:** Verified.\n\n## Context for Candid renovator clients\n\nRenoMark members represent a **small but visible fraction** of this $105.5B activity (the 1,200+ RenoMark national members out of ~8,500 CHBA total members — and CHBA itself represents only a slice of the total renovation contractor base). **Most renovation activity still happens outside the program.**\n\nCHBA's own characterization of the **underground economy** is that it remains a substantial share of Ontario's renovation market — which is part of why CHBA launched the **October 2025 \"Renovate Right. Renovate Now. RenoMark.\" Renovation Month campaign**. See [[chba-renovation-month-2025-campaign]].","rationale_body":null,"metadata":null,"links":{"outgoing":[{"slug":"chba-renovation-month-2025-campaign","title":"CHBA \"Renovate Right. Renovate Now. RenoMark.\" Renovation Month campaign — October 2025","kind":"reference","scope":"business","link_type":"relates-to"}],"incoming":[{"slug":"research-brief-renomark-credentialing-program","title":"Research brief: RenoMark — the CHBA renovation contractor recognition program, with marketing implications for Ontario renovators (May 24, 2026)","kind":"reference","scope":"business","link_type":"relates-to"},{"slug":"chba-renovation-market-index-h2-2025-48pt3","title":"CHBA Renovation Market Index inaugural release (Mar 11 2026): H2 2025 RMI = 48.3/100, Future Conditions = 35.2, >70% of renovators concerned about 2026","kind":"reference","scope":"business","link_type":"relates-to"}]},"created_at":"2026-05-24T15:35:46.071Z","updated_at":"2026-05-24T15:35:46.071Z"}