Hearth & Home October 2017

Who Reads Hearth & Home?
Paul Miles, for one!

North Vancouver, British Columbia

Occupation: “Director of Sales, Valor Fireplaces”

Special Interests/Hobbies: “Hockey, skiing and physiotherapy!”

Problems/Issues Facing the Hearth Industry: “The uncertainty of government regulation. Some regulators don’t seem to have a good grasp of the benefits of hearth products as efficient, super-clean zone heaters that offer homeowners home comfort and security.”

Key Trends in the Industry Today: “Continued growth for renovation products with specialty design for applications and continued efficiency improvements.”

Forecast for the Hearth Industry in 2017: “Steady growth in the renovation sector. Lots of work updating old fireplaces will keep dealers busy for years. I can’t predict new housing any more than I can the stock market.”

Years Reading Hearth & Home: “I’ve been in the business since Hearth & Home started in 1980; it’s like the sun and the moon – always there!”

Reasons for Reading Hearth & Home: “To keep up with the industry and what’s happening. Trade magazines are essential.”

Article(s) Ideas: “I like the stats and survey work; that’s very important.”

More Stories in this Issue

Perspective:
The Cost of Paradise

Fourteen months ago, the government of British Columbia imposed a 15% tax on foreign homebuyers in the Metro Vancouver area. The tax went into effect on Aug. 2, 2016, only nine days after it was announced.

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Meet Jonathan Burke

By Richard Wright

One year ago, in July of 2016, Burke became CEO of Montigo when a private equity group purchased the company; as you will see, in one year he’s learned a lot.

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2017 August Business Climate

In early September, Hearth & Home faxed a survey to 2,500 specialty retailers of hearth, barbecue and patio products, asking them to compare August 2017 sales to August 2016. The accompanying charts and selected comments are from the 189 useable returns.

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