Canada, like many other countries, has seen the cost of living, including groceries, on the rise. Being able to afford essential groceries is crucial for newcomers and their families to lead a comfortable life in Canada. In light of the increasing cost of living, this article will highlight three strategies that can help all Canadians, especially newcomers, save money when shopping for groceries.
Price Matching:
Price matching is a policy that allows customers to prove that another retailer is selling the same product at a lower price. This applies to various products, from bananas to toilet paper. Grocery stores with a price match policy will adjust the product’s price, allowing customers to buy it at the lower price. It’s important to note that price match policies vary by store, so it’s essential to understand each store’s specific rules. Some major grocery retailers in Canada that offer price matching include FreshCo, No Frills, Real Canadian Superstore, Giant Tiger, Maxi, and IGA.
Buying in Bulk:
Many Canadian grocery stores offer discounts when customers purchase items in larger quantities. For instance, a store might have a deal where a single sports drink costs $3.00, but a 3-for-$7 offer is available. This means that by buying three bottles/cans of the sports drink, customers pay only $2.30 per drink instead of $3.00. Buying in bulk can be a great way to save money, especially for households with multiple members or for items that can be stored for later use, like toilet paper or canned goods.
Using Coupons:
Coupons are a popular way to save money at the grocery store. Shoppers can find coupons in their email, mobile apps, or alongside newspapers and mail. These coupons offer discounts ranging from 50 cents to several dollars on various products. While individual savings might seem small, they can add up significantly when used wisely.
Navigating the Rising Cost of Living as a Newcomer:
These strategies are just one way newcomers to Canada can manage the increasing cost of living. Additionally, the Canadian government, at both the provincial and federal levels, provides numerous supports to help Canadians cope with these challenges. Some federal supports include the Goods and Services Tax (GST) Tax Credit, the Canada Workers Benefit (CWB), and the Canada Dental Benefit. Provinces also offer benefits such as the Ontario Child Benefit, affordable housing programs in Alberta, and the British Columbia Early Childhood Tax Benefit.
