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Home improvement scams carried the highest risk to Canadians in 2022, according to a new report from the Better Business Bureau.
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The BBB Scam Tracker data shows home improvement scams increased 51.2 per cent last year, to 6.2 per cent of consumer reports from 4.1 per cent in 2021.
People lost an average of $1,900 to this type of scam, up from $661 in 2021.
The percentage of Canadians who reported losing money after being targeted by a scam increased to 46.9 per cent in 2022, from 45.1 per cent the previous year.
“Home improvement scams