Laminate flooring is one of the best flooring alternatives available for the Canadian Home Buyers. And why not? Laminate flooring is robust, affordable, and can be adapted to any home comfortably. Laminate flooring can endure daily impacts and that’s why it’s growing in popularity. And waterproof laminate flooring would work wonderfully for your home if you have kids and pets. On average, the cost of laminate flooring along with its installation is almost half of the price of hardwood installation. The reason for such a huge pricing difference is that laminate flooring is made from composite wood, which is fused together at a high temperature. And then the appearance of a hardwood flooring is provided by adding a top layer on it. Even if you plan to do your own installation, laminate flooring is significantly more affordable. Overall, laminate flooring saves you money that you can reallocate to other projects.