Planning a spring home project? Why you should factor in Trump tariffs – National [Video]

Spring is a time for many Canadian homeowners to finally get started on that remodel they’ve been hoping for. But this year, U.S. President Donald Trump’s trade war might throw a wrench into some renovation plans.

Fears of a recession and uncertainty about job security may be weighing on Canadians who were planning a home renovation this year, along with the costs of items on the tariff and counter-tariff lists going up in price — not to mention, expectations that home insurance costs will rise as repairs cost more.

Whether you tackle that big project now or wait likely depends on your risk — and cost — tolerance.

“If you’re working in southern Ontario and you’re connected to the automotive industry, you’re definitely not thinking of doing a renovation probably at this stage,” said Kevin Lee, CEO of the Canadian Home Builders Association.

He added, however, that the conditions were ripe for someone willing to take the risk.

“Conversely, if you’re feeling …