Don’t Downsize, Rightsize – Planning Your Next Move
Downsizing can be a choice or a necessity but it doesn’t have to be a negative experience. It can be overwhelming when considering a move
Many senior citizens have difficulty retaining savings due to a myriad of reasons that are cost-centred. In addition, finding the right balance between spending (knowing what to purchase and where to purchase it) and trying to save money is usually difficult without the right information and even more so for senior citizens who have reduced cash inflows but virtually the same expenses (or even more).
However, thanks to numerous merchants, restaurants, travel firms and other organizations that offer senior discounts in Canada, senior citizens in Canada may still enjoy some comfort (finance-wise).
This post offers an overview of discount rates, age requirements and additional helpful info.
Before going into the numerous saving opportunities available via senior discounts in Canada, it is important to first clearly define the “ages” acknowledged by these organizations as “senior age”. This is to enable you to know if you are eligible for all the senior discount opportunities mentioned below.
Some places that offer seniors an extra discount do so to citizens from age 55. Generally, citizens aged 65 and above are regarded as senior citizens and these people will no longer worry about eligibility to receive senior discounts.
As earlier stated, a good number of upscale shops, hotels, restaurants and travel agencies offer excellent senior savings for seniors within Canada. Before we begin going through available senior discounts available, Here are two very useful tips:
With the tips provided above, you already know how to secure discount deals for yourself. Now, it is time to show you places you can get senior discounts in Canada and in some cases, specifics about these discounts.
In case you don’t know of CARP already, CARP is a membership organization for Canadians aged 50 and over. Members may redeem advantages from partner hotels, restaurants, and other companies for a $19.95 yearly fee. A lot of the locations and organizations discussed in this post have senior discounts that are available to members of CARP so if you are not a member, you should consider joining.
Amaranth Foods: This grocery store in Calgary provides Seniors Day on Tuesday, giving customers 65 and older a 10% discount on most groceries.
Sobeys: Sobeys has no firm policy on seniors discounts, but certain retail chains are putting it in place. Individual stores usually design a senior day each month (first Wednesday of the month) and for these dates, they offer discounts to senior citizens.
Safeway: On the first Tuesday of each month in Canada, Safeway provides Seniors Day at select retail locations. During these discount days, seniors may often save 10% on purchases.
M&M Food Market: M&M Food Market offers Canadians aged at least 60 years 10% off on their purchases on most items.
IHOP:IHOP is a leading American breakfast chain offering over 65 seniors discounts deals to senior citizens in Canada.
KFC Canada: KFC Canada has a discount for seniors 55 and older. As a senior citizen, you enjoy a free small drink with your KFC meal.
A&W: Senior discounts are also available at A&W. A&W offers a 10% discount on all meal purchases, although this offer is not accessible at all locations. As a result, you should verify with the specific establishment to see if they provide a senior citizen discount.
Humpty’s: Humpty’s is a Canadian restaurant that offers a 10% discount to Canadians aged 55 years or older. However, you must first become a member of the Emerald 55 Club. The subscription is, fortunately, entirely free. Except for alcohol, all menu items are eligible for the discount.
Bulk Barn: Every Tuesday, Bulk Barn offers discounts to senior citizens and students. If you are a student with a valid student ID or a senior person over the age of 65, you can earn a 10% discount on most things offered at Bulk Barn.
Salisbury House: Although this venerable Winnipeg restaurant franchise does not provide a senior discount, it does have a special “Silver Menu” for seniors 55 and over.
McDonald’s and Taco Bell also offer seniors discounts on purchases. These discounts are however not available in every store location so you should verify with your neighbourhood store to see if they provide a senior discount.
Canadian nationals can take advantage of a variety of bank and finance discounts. They include:
ATB Financial: For Canadian people aged 59 and over, ATB Bank provides the Freedom Account. ATB Financial also provides free customized checks, unlimited transactions, and no monthly fees in addition to the $10 savings when you establish a safety deposit box with the bank.
Bank Of Montreal: For Canadians aged 60 and over, the Bank of Montreal offers a bank account type that allows senior citizens to avoid having to pay monthly fees and receive 12 monthly transactions if they keep a minimum daily balance on their senior account.
Canadian Western Bank: Canadian Western Bank offers the Gold Leaf PLUS Account to Canadians aged 57 and above. The account entitles you to a bank account with no monthly fees, unlimited transactions and a $15 discount on the bank’s safety deposit box rental, among other benefits.
Continental Exchange: Continental Exchange offers discounted rates on currency exchange every Monday for seniors 60 years or older. Seniors also get zero charges on all cash transactions as a bonus.
Servus Credit Union: Servus Credit Union provides a banking account with no monthly fees for Canadians over the age of 60. You may also get 100 free cheques every year, a $10 discount on a safety deposit box’s yearly charge, and discounted rates.
Other financial institutions that offer senior citizen discounts in Canada include the Royal Bank of Canada, Canadian Imperial Bank of Commerce (CIBC) and Bank of Nova Scotia.
Seniors in Canada can take advantage of subsidized rates and discounts on a variety of transportation services.
AVIS: Senior adults who are CARP members can obtain a 25% discount, as well as additional benefits while renting a car from AVIS. As part of the Avis Seniors promotions, Budget customers over age 80 are also allowed 15% off on purchases.
Hertz: Senior adults aged 50 and over are eligible for a 20% discount when renting a car from Hertz.
Thrifty: Thrifty offers seniors of ages 50 and above a 5% discount on car rentals
Budget: For seniors over 65 (of age) renting a car via Budget, you may enjoy a discount of up to 30%. AARP members also receive a special discount at Budget.
BC Ferries: British Columbia residents aged 65 years and over have access to free travel on some BC Ferry routes from Mondays through Thursdays. However, the deal is only valid for passenger fares. If you are travelling by car on the ferry route, you will need to pay the vehicle ferry fees. Also, during the holidays (such as Thanksgiving and Christmas), the offer is not valid.
Halifax Transit: For 65 and above, Halifax Transit offers free fares every Tuesday from 10:00 a.m. to 3:30 p.m. and after 6:00 p.m.
OC Transpo: On Sundays and Wednesdays, seniors can ride for free on the O-Train and OC Transpo buses. Seniors with a Presto membership can also earn savings on monthly passes.
GO Transit: Senior adults 65 and over can take advantage of a 50% discount on single GO Transit journeys.
British Columbia Transportation System (BCTS): BCTS offers transport discounts for low-income seniors and seniors with a disability who are over the age of 60.
Winnipeg Transit: Seniors 65 years or older are eligible for peggo e-passes to use on Winnipeg Transit. These e-passes allow seniors to take advantage of reduced single fares. Age verification is however usually required while boarding.
St. John’s Metrobus: Seniors can get monthly and 10-ride passes at a discounted cost from St. John’s Metrobus. There is however no provision for savings on single rides.
Amtrak: Amtrak, the US passenger rail company, partners with VIA Rail on several national rail systems. Seniors – 65+ get a 10% discount provided they pass the age verification exercise.
VIA Rail: Seniors of age 60 and over are eligible for an exclusive 10% discount on train rides on Ticket.com. Ensure the booking is accurate, as the discount offer does not cover all classes.
Air Canada: Air Canada offers discounts up to 10% off on fares to seniors (excluding taxes and surcharges).
Cheap O Air: Discount flights for seniors are available through Cheap O Air. The offer is valid for domestic and international travel on leading carriers.
Greyhound: Seniors over the age of 59 get discounts if boarding an express bus with Greyhound.
Senior citizens (especially low-income seniors) often have fewer retirement funds even though they face higher medical expenses as a result of their advanced age. The good news is there are also senior discounts on drug purchases and prescription filing offered by several pharmacies in Canada.
Pharmacare Saves: Pharmacare Saves has no Corporate Senior Day promotional, but you can ask the pharmacist in your location about upcoming discount days when available.
Lawtons Drugstores: Lawtons Drugstores offers a 20% discount on most products in the store for people aged 55 or older.
Rexall Pharma Plus: Most pharmaceutical products in Rexall pharmaceutical stores have a 20% purchase discount for seniors who are members of CARP.
Shoppers Drug Mart: Another drugstore in Canada that gives a senior citizen discount is Shoppers Drug Mart. Every Thursday, seniors aged 65 years or older have access to a 20% discount on certain, regularly priced goods across the country provided they are PC Optimum members.
In Canada, several international and local hotel brands provide seniors discounts through their own special rates. Many of them collaborate with CARP to provide CARP members with exclusive discounts at respective locations. Generally, the discounts are only available to seniors of age 55 and beyond.
Best Western Hotels & Resorts: Best Western Hotels & Resorts offer a 15% discount on rooms at all Best Western hotels and resorts worldwide (at all participating locations) for seniors of age 55 and above.
InterContinental Hotel Group: InterContinental Hotel Group (IHG) offers senior discounts to people aged 62 and over who stay at any of IHG’s properties across the world. Senior citizen prices are available at all IHG hotels, however, the particular reductions vary based on the percentage discount provided at each of the participating locations.
Travelodge hotels: At Travelodge hotels, Everyone over the age of 50 is eligible for a 10% reduction off the usual hotel fee. In-room coffee, no long-distance costs, and complimentary daily lobby newspapers are also available to eligible seniors. (Thriftlodge is included in the package)
Wyndham Hotels & Resorts: Wyndham Hotels and Resorts provide senior discounts to customers aged 60 and over. You can earn a senior citizen discount if you bring proof of identification and age with you when you check into the hotel. CARP membership can save you up to 20%.
Holiday Inn Express: At Holiday Inn Express, seniors of age 62 and beyond have access to discounted hotel rates (at participating locations).
DoubleTree: DoubleTree also offers discounted rates to customers of age 62 and beyond at participating hotels.
Choice Hotels: All guests aged 60 and above are eligible for a 10% discount at Choice Hotels. If you are a CARP member, you can enjoy up to 20% off your hotel rent, as well as other perks like free breakfast and access to the hotel’s WiFi.
Hampton by Hilton Hotels: Guests 65 and older can receive a 10% discount at Hampton by Hilton hotels. When making a reservation, be sure to mention that you want senior discounts. When you check-in, make sure you have identification that proves you are above the age of 65.
Marriott: Seniors in Canada may save up to 15% on lodging prices at certain Marriott hotels.
Howard Johnson Hotels: Everyone over the age of 59 receives a 10% discount at Howard Johnson Hotels. AARP members (55+) are eligible for discounts ranging from 15% to 30%.
Sandman Hotel Group: Sandman Hotel Group provides discounts when seniors subscribe for a free 55Plus membership online or over the phone (discount is available to customers of ages 55 and above)
Hudson Bay: Hudson Bay’s “Timeless Style Tuesday” offers an in-store and online discount on the first Tuesday of every month to seniors over 54 years of age. The discounts offered are however only accessible to those who are enrolled in the reward program.
Goodwill: Goodwill offers a 25% discount to seniors aged 55 years and over on the second Monday of every month at certain Goodwill community stores in Canada.
Value Village: Value Village offers a 30% Discount on Tuesdays for people Over 55 years old.
Royal Ontario Museum: The Royal Ontario Museum offers discounted entry for seniors older than 65.
Canadian Museum of Nature: If you are 65 or older, you can get a discounted ticket (priced at $14) for admission into the Canadian Museum of Nature.
Canada’s Wonderland: If you are at least 60 years old, you can get a discount on daily tickets and season passes at Canada’s Wonderland.
Vancouver Art Gallery: Senior Mondays at the Vancouver Art Gallery are a treat for art lovers. They take place on the first Monday of every month. Between 5 and 8 p.m., you can enter the gallery for a contribution. You can also obtain special discounted pricing and access to special guided tours during regular working hours.
Parks Canada Discovery Pass: Passholders of the Parks Canada Discovery Pass get unrestricted admission to over 80 Parks Canada locations across the country. Seniors 65 and over will pay a reduced cost, while access for children under the age of 17 is free.
Canadian War Museum: Seniors (65+ adults) are allowed to purchase a museum pass for $15 — two dollars less than the usual fee for adult tickets.
Canadian Museum of History: Seniors can get a $2 discount on normal adult ticket costs for entrance into the Canadian Museum of History.
Canadian Museum for Human Rights: The Canadian Museum for Human Rights (CMHR) offers a $4 discount on normal adult tickets. A normal pass is $14 for seniors 65 and older while the average adult ticket is $18.
Understanding that Canadian seniors are entitled to discounts after retirement can provide valuable savings during these long-term years. This post should help you find better discounts on your weekly expenses.
Downsizing can be a choice or a necessity but it doesn’t have to be a negative experience. It can be overwhelming when considering a move
Aging is a natural process that occurs as we grow older. While some individuals may fear aging and view it as a decline in physical