Canadian Price Match Policy Comparison

canadianpricematchpolicycomparison.jpgGetting competitors to match prices is a convenient way for consumers to save time and money. It saves time as several trips to different stores can be consolidated into a single visit. It also saves money through capitalizing on increased competition among retailers which can often amount to additional, sometimes significant, savings.

Knowing which stores have the best and most flexible policies is essential to saving the most money when price matching. To make the comparison easier, I've put together a big table comparing them to one another so you can quickly determine which stores to shop at.

The Price Matching Table

Store Policy Name Beat Or Match Price Protection Matches Prices Found Online Matches Prices Found
In-Store
Does Price Matching Matches Competitors Nationwide
Best Buy Lowest Price Guarantee 10%1 30 days In-Store In-Store & Online
Black's Price Match Guarantee 30 days In-Store  
Canada Computers Price Match Policy 14 days In-Store & Online Online
Canadian Tire Price Match Guarantee 10%2   In-Store  
FreshCo Cheaper Guarantee $0.013 7 days   In-Store  
Future Shop Price Beat Promise 10%1 30 days In-Store In-Store & Online
Giant Tiger Ad Match Guarantee $0.013     In-Store  
Home Depot Low Price Guarantee 10%2 30 days   In-Store  
Home Hardware Price Match Promise     In-Store  
Kitchen Stuff Plus Price Match Policy 10%1 14 days   In-Store  
Leon's Integrity Pricing 60 days In-Store  
London Drugs Our Guarantee 30 days   In-Store  
Lowe's Everday Low Price Guarantee 10%1 90 days In-Store  
Memory Express Uber Price Beat Guarantee 25%1 7 days In-Store & Online Online
NCIX Advanced Store Price Match   In-Store & Online Online
No Frills Won't Be Beat® promise 7 days   In-Store  
Real Canadian Superstore Price Matching Program     In-Store  
Rona In-Store Price Guarantee 10%1     In-Store  
Sears Price Protection Plus 30 days In-Store & Online In-Store
Sleep Country Canada Unbeatable Price Guarantee 5%1     In-Store  
SportChek Price Matching 30 days   In-Store In-Store
Staples Price Match Guarantee 14 days In-Store In-Store
Target Price Match Guarantee   In-Store  
The Brick Price Guarantee 10%1 30 days In-Store In-Store
The Source Best Price Guarantee 30 days In-Store In-Store
Tiger Direct Best Price Promise 14/30 days In-Store & Online Online
Toys R Us Price Match Policy 14 days In-Store  
Walmart Ad-Match Guarantee     In-Store In-Store
  1. Beats competitors by a percentage of the difference in price between the matched price and the higher price (not as good).
  2. Beats competitors by a percentage discount taken off the matched price (much better).
  3. Beats competitors by a fixed amount off the matched price (very uncommon).
  4. Both In-Store and Online

How Price Matching Saves Money

I was in the market for a small wireless computer mouse a few years back. I had been lugging around a wired mouse along with my laptop. The tiny nano receivers were hitting the market at the time and I thought it would be useful for when I needed to travel for work. They weren't expensive by any means, but I just couldn't bring myself to drop $30 on a mouse that I was just getting on fine without.

One day, my deal-finding king of a father-in-law managed to find a popular model on sale for $10. He brought the ad to Staples hoping to get a better deal. At the time, Staples was offering to beat any advertised price by 10% of the difference, saving an additional $2 off the $10 matched price. Staples happily obliged his request and my father-in-law proceeded to buy one for every family member he could think of. He had an ace up his sleeve; he mailed in a $10 manufacturer's mail-in-rebate coupon. He actually ended up making $2 on each mouse he bought!

How Price Protection Saves Money

In mid 2011, HP announced that it would be clearing out it's inventory of TouchPad tablets with a steep discount from it's original $499 purchase price. If you recall, it hadn't been doing well in the market despite being a quality piece of hardware for the time. The poor sales led HP to clear out the tablets at a firesale price of $99. The tablet was a steal at that price and many waited in line hoping for inventory at their local retailers.

With the news of HP's plans and days before the impending firesale, my father-in-law (yes, him again), calmly walked into his nearest Staples (again) and bought the TouchPad for the full retail price of $499. He returned to Staples within the acceptable price protection window - after having avoided all the lines and not having worried about limited stock - and got a $400 refund. For better or for worse, he did that with the Blackberry Playbook too.

I'm sure there are plenty a happy price matching/protection story with many deals to rival the origins of my wireless mouse and my father-in-law's old tablets. The moral here is that there are countless products and applications you can use to save significant money.

Want More Information?

With a little bit of reading, you can become an expert on price matching and be doing this like a pro in no time. You'll save a lot of money and get a bit of an adrenaline rush as you attempt to get the lowest possible price. Check out these 3 articles for all the details:

Disclosure: Some links in this article may be affiliate links. We're letting you know because it's the right thing to do. Here’s a more detailed disclosure on how HTS makes money.

Hot Credit Card Deals This Month:

  • $200 $300 Travel Bonus with First Year Free
    • 30,000 bonus worth $300 in any type of travel
    • 4x points on gas, groceries, dining, and entertainment
    • Great travel insurance coverage including travel medical
    • Low $12,000 minimum income
    • First year free, cancel anytime
  • The #1 Credit Card in Canada
    • 25,000 bonus points - worth about $750 when converted to Aeroplan miles
    • Can also redeem points for ANY travel booked with ANY travel provider
    • Double rewards on grocery, gas, drugstore, and travel purchases.
    • Low minimum income to qualify - $20,000
    • First year free, cancel anytime
    • See why it's #1
  • Earn 4% Cash Back for 4 Months with No Annual Fee
    • 1% earned on all purchases
    • 4% bonus cash back for 4 months (up to $125)
    • No limits on cash back earned
    • No annual fee ever
  • Not sure which credit card is for you? Take this short quiz and find out

Comments

Sherri
Sherri's picture
Last week target announced that they are also matching online flyers. so that can be added to your list !
August 06, 2014 @ 11:55 am
Stephen Weyman
Stephen Weyman's picture
Thanks, the update to the table has been made.
August 06, 2014 @ 12:06 pm
TL
TL's picture
How did your father-in-law obtain the price match from Staples for the tablets when Staples policy says: [The price match guarantee does not apply to competitors' or Staples advertising that states "limited quantities," "clearance," "close-outs," "bankruptcies" or special events (e.g., Boxing Day, Black Friday).]
August 07, 2014 @ 8:10 pm
Daniel's picture
While Staples' price matching guarantee doesn't apply to limited quantities or close-outs, etc, I don't think either the Playbook or the TouchPad technically applied. Staples didn't clear them out, they were marked down by the manufacturer. I admit, I think he got lucky both times but I think the more you price match, the more you know when to roll the dice. Worst case scenario, he could have returned them to repurchase at the lower price or gotten a full refund. As with all price matching endeavors, the time tested adage applies: YMMV - your mileage may vary.
August 10, 2014 @ 10:56 pm
Stephen Weyman
Stephen Weyman's picture
That's a good point when it comes to computers and high end electronic Daniel, they are typically discounted by the manufacturer, not the store itself because they often have such low margin that there really is no room for discounting. The only time they get discounted is if they are selling really poorly like the Playbook was or if the manufacturer is making room for a new replacement device and they want to clear the shelves of the old model.
August 11, 2014 @ 1:38 pm
sherri
sherri's picture
Now, if only Target would also honor the SCOP! They do well with price matching now, as they;ll match ads from mobile phones
September 03, 2014 @ 1:48 pm
Stephen Weyman
Stephen Weyman's picture
I haven't done much shopping at Target yet so thanks for the info. It's definitely nice when retailers decide to do SCOP because it is the honour system only.
September 04, 2014 @ 10:30 am
Kat
Kat's picture
Has anyone had any luck getting price match from The Bay or heard if they would be creating a policy on it?
September 06, 2014 @ 10:31 am
ty
ty's picture

Great chart and website. Glad I stumbled upon it.

I hate it when the retailer only tries to disqualify the price match, instead of applying the "spirit" of price matching. The retailer actually does themselves a disservice, because then we treat it as if they don't even have a price match policy, defeating what they are trying to do, get our buying dollars. Target seems the most liberal, and Freshco the worst.

Someday, one of these retailers will separate themselves from the rest, by price matching any ad for the whole month.

December 24, 2014 @ 9:51 am
Stephen Weyman
Stephen Weyman's picture

Glad you found us too ty!

I agree that getting retailers to  honour their price match policy can be tough sometimes. I agree that it does them a disservice by being so hard nosed about it. But, when you think about, it is all really just a marketing ploy to make it look like they have the lowest prices when they really don't.

They want people to think they are getting a good deal when they are shopping at their stores when they really aren't. They get to protect their margins that way, increase their profits, and give the illusion of having low prices. When it comes time to actually pony up their money by honouring their policy though - that's when you (sometimes) have to fight tooth and nail to get what you deserve.

February 05, 2016 @ 10:19 am
Brad
Brad's picture

Will grocery stores price match a flyer shown to them on the Flipp smartphone app?

February 04, 2016 @ 4:28 pm
Stephen Weyman
Stephen Weyman's picture

I'm pretty sure they will Brad. I have done this before and it worked. However, it likely depends both on the store and the cashier you are dealing with. You might bring the flyer the first few times at a particular store until you are sure the smartphone will work to be safe. You can get to know which cashiers and stores won't give you trouble pretty quickly.

February 05, 2016 @ 10:20 am
Keith
Keith's picture

This Price Matching Table is over 2 years old. Has this table been updated? I'd bet that price matching/beating policies may have changed for some stores since then.

December 16, 2016 @ 10:49 am

Post new comment