Because of the show being a television series, costs for the homeowners, who are likely to be strapped for cash due to the previous contractors' mistakes and/or frauds, are kept to a minimum (10% to 20% of the cost of repair). Some contractors hired on the show have even donated time, materials, and labor to help homeowners in need. The remainder of the work is funded by the TV production company (and indirectly, through the Canadian government, by tax credits), but in some cases, Mike Holmes personally contributes funds towards the repairs.
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