Homeowners scramble after Calgary tiny-home builder folds [Video]

Customers paid for tiny homes but are dealing with huge headaches after a Calgary company told them they are going out of business.

“It’s been a really stressful situation,” Amanda Webb said.

Webb paid $166,000 to builder ZeroSquared for a tiny home, which was supposed to be ready in 60 days.

That was a year ago and it’s still not done.

Now, the seven-year-old company says it’s closing shop and giving customers a week to pick up their unfinished homes.

“They got my $166,000 right from the start and I believe they might have used that for other builds before mine and, you know, it’s frustrating,” Webb said.

The tiny-home company sent CTV News a statement explaining its mission is to help with Canada’s housing crisis but that it is facing a harsh economic environment including the abrupt cancellation of a significant sales agreement.

“While ZeroSquared has had to make the tough decision to cease operations due to financial …