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Canadians Love the Convenience, Cost Savings of Subscriptions, According to Service Line Warranties of Canada

Entertainment offerings dominate with television, music and gaming leading subscriptions purchased

TORONTO–(BUSINESS WIRE)–Subscription services are available for almost anything – from everyday things like television and clothing to more niche offerings like flowers and beauty products – and everything in between. The popularity of these subscriptions was confirmed in the latest Service Line Warranties of Canada State of the Home survey.




Home Repair Emergencies and Financial Preparedness

The survey also explored the most frequent types of home repair emergencies and looked at homeowners’ ability to pay for these inevitable repairs.

Skilled Trades

Will I be able to find a good contractor to complete my repair when an emergency strikes? This is a question that homeowners often find asking themselves as the availability – or lack thereof – of qualified electricians, plumbers and other skilled workers has been well documented.

The survey examined some of the perceptions around skilled trades, including perceived starting salaries and whether the education system places too much priority on four year college paths versus promoting skilled technical training to more students.

When asked what they thought the starting yearly salary of a skilled tradesperson (e.g., electrician, plumber) is, 5% thought it would be less than $25,000 and 15% guessed it would be between $25,000 and $35,000.

According to Talent.com, the median annual salary for a skilled tradesperson is $70,200, with entry-level positions averaging at $53,381 a year and experienced workers making an average of $89,892. Although pay varies by province, the average hourly wage for an electrician can range from $34 to $35 and $28 to $34 for a plumber, according to Living in Canada.

The survey also gauged perceptions of whether schools give the proper amount of attention to higher education options other than four-year colleges, like skilled trades. More than half of respondents (54%) thought that the proper amount of attention was either not or probably not given to education about the skilled trades.

To learn more about the survey, visit the Service Line Warranties of Canada website. This survey was conducted on August 7, 2023, by Service Line Warranties of Canada, using SurveyMonkey Audience. Service Line Warranty of Canada’s survey received 900 responses from adults in Canada age 18 and older, of which 528 were homeowners. The sample of respondents was balanced by gender and region. For more on the SurveyMonkey Audience panel, please visit: https://www.surveymonkey.com/market-research/data-quality/.

About Service Line Warranties of Canada

Service Line Warranties of Canada (SLWC) is part of HomeServe, a leading provider of home repair solutions serving nearly 5 million customers across North America since 2003.

Together with HomeServe, SLWC, launched in 2014, is dedicated to supplying best-in-class repair plans and delivering superior customer service to consumers through over 1,200 leading city, municipal and utility partners across North America.

Contacts

Mike Van Horne
General Manager
Service Line Warranty of Canada
Phone: 647-325-7614
Email: mike.vanhorne@homeserve.ca

Fonte BUSINESS WIRE

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