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AIR MILES Is Gone. Here's What Actually Earns You Travel Now

  If you've been holding onto a Air Miles card waiting to redeem for a flight, the program you signed up for doesn't exist anymore — and the cards that replaced it aren't the best game in town. If you searched "best AIR MILES credit card" and landed here, there's something you need to know first: there is no such thing anymore. AIR MILES, the loyalty program that's been part of Canadian wallets since 1992, officially became BMO Blue Rewards on June 2, 2026. BMO had already stopped issuing new AIR MILES cards back in January, and every collector's Miles converted automatically into Blue Points at a rate of roughly 1 Air Mile to 15.79 Blue Points — no action needed, no lost value. That's good news if you're a longtime collector sitting on a pile of Miles. It's less good news if you were hoping to earn free flights that way going forward, because Blue Rewards was built to compete with PC Optimum and Scene+ — grocery, gas, and everyday spendi...

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Canada to Meet NATO’s 2% Defence Spending Target Ahead of Schedule


Prime Minister Mark Carney is set to announce that Canada will meet NATO’s defence spending benchmark of 2% of GDP by the end of the current fiscal year. This marks a significant shift from previous projections, which had set the target for 2032.  

Carney’s announcement, expected in Toronto today, will outline a new defence industrial strategy aimed at strengthening Canada’s military capabilities through homegrown production. The plan includes acquiring more drones, armoured vehicles, aircraft, and underwater sensors, with a particular focus on Arctic surveillance.  

Additionally, military personnel are expected to receive a pay raise, fulfilling a promise made during the last election campaign. Another major change will see the Canadian Coast Guard fully integrated into the Department of National Defence, a move that aligns Canada with other NATO allies.  

This announcement comes ahead of the NATO leaders’ summit in The Hague, where discussions on increasing defence spending beyond 2% are expected to take place. Canada has faced criticism in the past for failing to meet NATO’s spending target, but this new commitment signals a shift in priorities under Carney’s leadership.  

The defence spending increase is expected to exceed billions of dollars, ensuring Canada not only meets but potentially surpasses NATO’s current benchmark in the coming years.  

Carney’s speech today will provide further details on the timeline and implementation of this ambitious plan, setting the stage for Canada’s enhanced role in global security.

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