Do seniors’ discounts really help you save money? We put it to the test
With this basket of goods, a senior could save $66.60 a month, or $799.20 a year, through monthly purchases on hobbies, pet supplies, movie tickets and personal care items, along with paying reduced banking and public transportation fees.Transit systems across the country offer reduced fares for those 65 and over. Seniors can save up to $28 a month on a Toronto Transit Commission passes, for instance, which could add up to around $335 in savings a year. Film buffs who frequent major movie theatre chains such as Cineplex can cut down ticket costs by roughly 25 per cent.
- ▪With this basket of goods, a senior could save $66.60 a month, or $799.20 a year, through monthly purchases on hobbies, pet supplies, movie tickets and personal care items, along with paying reduced banking and public transportation fees.Tr
- ▪Seniors can save up to $28 a month on a Toronto Transit Commission passes, for instance, which could add up to around $335 in savings a year.
- ▪Film buffs who frequent major movie theatre chains such as Cineplex can cut down ticket costs by roughly 25 per cent.
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| Canonical URL | https://www.theglobeandmail.com/investing/personal-finance/retirement/article-do-seniors-discounts-help-save-money/ |
| Publication time | Mon, 27 Jul 2026 09:00:00 +0000 |
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Open this photo in gallery:Ming Wong/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountFor Canadians turning 65, it’s not just another birthday – it’s a milestone that opens the door to a wide range of seniors’ discounts, whether you’re ready to be called “senior” or not.While some seniors’ discounts begin trickling in at 55, and others at 60, many businesses wait until the age of 65 before offering them.To show how much a senior could realistically save, The Globe and Mail took a small basket of seniors’ discounts available in Toronto and nationwide, and did the math on how those discounts compared to regular prices.
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