In this video, I would like to talk about Three strategies for newcomers to Canada to reduce expenses at the grocery store in 2023 .
Also, In this video, I would like to cover following topic:
- Three strategies for newcomers to Canada to reduce expenses at the grocery store in 2023
- "Top Money-Saving Tips for Newcomers to Canadian Grocery Stores in 2023"
"Smart Shopping Hacks: How Newcomers Can Save Big on Groceries in Canada (2023)"
"Budget-Friendly Grocery Shopping: A Guide for Newcomers in Canada (2023)"
Price matching is a policy that allows consumers to prove that a competing retailer is selling the same product at a lower price. This applies to a wide range of products, from bananas to toilet paper.
Grocery stores with a price match policy will adjust the price of the item in question, allowing customers to purchase it at the lower price. It's important to note that price adjustment policies vary by store, as different retailers have different approaches to providing customers with the best prices.
It's worth mentioning that not all Canadian grocery stores offer price match policies. However, the following six major grocery retailers in the country do:
FreshCo
No Frills
Real Canadian Superstore
Giant Tiger
Maxi
IGA
Buying in bulk is another money-saving strategy offered by many Canadian grocery stores. When customers purchase a larger quantity of a specific item, they often receive discounts. For instance, if a single sports drink costs $3.00, a store might have a deal where you can get three for $7.00. This means each drink would cost $2.33 instead of $3.00. This can lead to significant savings, particularly if you're shopping for a large household or stocking up on items for future use, such as toilet paper or canned goods.
Using coupons is a common way to save money at the grocery store. Shoppers can take advantage of savings offered by retailers through coupons delivered via email, mobile apps, newspapers, or mail. These coupons typically provide discounts ranging from 50 cents to several dollars on individual products. When used wisely, these savings can accumulate and provide newcomers with substantial cost savings.
Handling the rising cost of living in Canada as a newcomer involves various strategies. In addition to the tips mentioned above, both the provincial and federal governments offer support to Canadians:At the federal level, some of the supports provided include:
The Goods and Services (GST) Tax Credit, aimed at assisting approximately 11 million low-to-moderate-income Canadians.
The Canada Workers Benefit (CWB), designed to supplement the income of low-wage workers in Canada.
The Canada Dental Benefit, which promotes affordable dental care by offering tax-free payments to cover dental expenses for children under 12.
Provincially, different regions across Canada provide similar benefits to their residents. Examples include:
The Ontario Child Benefit
Affordable Housing programs in Alberta
The British Columbia Early Childhood Tax Benefit
These government programs and the money-saving strategies outlined earlier can collectively help newcomers navigate the challenges posed by the increasing cost of living in Canada.
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