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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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Trump Renews Criticism of Fed Chair Powell, Claims Housing Market is Suffering

                                            Trump criticises Powell for hurting housing market.

U.S. President Donald Trump has once again taken aim at Federal Reserve Chair Jerome Powell, accusing him of damaging the housing sector through high interest rates. In a post on Truth Social, Trump wrote, “Could somebody please inform Jerome ‘Too Late’ Powell that he is hurting the Housing Industry, very badly? People can’t get a Mortgage because of him. There is no Inflation, and every sign is pointing to a major Rate Cut.”

The remarks come just days before Powell’s scheduled speech at the annual Jackson Hole central banking symposium, where investors will be watching closely for signals on future monetary policy. While inflation has eased from pandemic-era highs, it remains above the Fed’s 2% target, and recent data has been mixed.

Market expectations currently point to a quarter-point rate cut at the Fed’s September meeting, with the possibility of another later in the year — far less than the multi-point reductions Trump has urged. The president’s comments also arrive amid concerns that his trade tariffs could either slow economic growth, prompting rate cuts, or fuel inflation, which would typically call for higher rates.

Trump’s latest salvo underscores the ongoing tension between the White House and the central bank over the direction of U.S. monetary policy.

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