Latest news with #Aeroplan
Business Insider
10-07-2025
- Business
- Business Insider
Air Canada Stock (TSE:AC) Slips Despite New Winter Destinations
Winter in Canada is a lot like winter in large parts of the United States, and Europe as well. Cold, snowy, and often unpleasant, it is small wonder that some start looking for a way out, even if only for a little while. Canadian airline stock Air Canada (TSE:AC) has just the ticket for those looking for a warm-weather escape starting this winter: Latin America. The news proved a little too hot for investors to handle, though, as shares slipped nearly 1.5% in Wednesday morning's trading. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. With Canadians increasingly turning their backs on the United States and its travel opportunities like California, Texas and Florida, Latin America is starting to look quite attractive. The plan is to offer service to Lima, Peru this winter, twice a week, with flights departing Toronto and Montreal, reports note. But for those who do not find Peru an attractive destination, fret not: There will also be flights running from Montreal to Belize, Vancouver to Tepic, Riviera Nayarit, and Toronto to Puerto Escondido. These new flights will ultimately bring Air Canada up to 55 daily flights going to 52 different destinations in both the Caribbean and Latin America, thus ensuring passengers will be able to escape the cold and snow, if only for a little while. Using Air Canada's Card Meanwhile, a report suggests that turning to Air Canada's membership rewards program, and its co-branded credit card, may be a good call for Americans as well. This may be the biggest surprise of all, but as it turns out, Air Canada is actually considered one of the most convenient ways for Americans to fly internationally. Its geographic location makes some flights shorter, and can offer '…streamlined customs clearance and baggage handling.' But an unexpected benefit is the Aeroplan loyalty program, along with the aforementioned credit card. The Aeroplan program has partnership arrangements with 45 different airlines, which means users will be able to take advantage of that connection when traveling anywhere else. Is Air Canada Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Strong Buy consensus rating on TSE:AC stock based on 10 Buys and two Holds assigned in the past three months, as indicated by the graphic below. After a 29.27% rally in its share price over the past year, the average TSE:AC price target of C$24.23 per share implies 10.01% upside potential.
CTV News
16-06-2025
- Business
- CTV News
Aimia reaches settlement deal with the Canada Revenue Agency, expects $27M refund
An image from Aimia's Facebook page. Facebook/Aimia Inc. TORONTO — Aimia Inc. says it has reached a settlement with the Canada Revenue Agency and expects a refund of about $27 million in connection with a 2013 income tax audit of former subsidiary Aeroplan Inc. The company says it plans to use the money to help buy back shares and for general working capital purposes. Aimia sold Aeroplan to Air Canada in January 2019, but agreed to indemnify the airline for pre-closing income tax liabilities and put $100 million into an escrow account. In 2019, Aimia paid $32.9 million from the escrow account to the CRA and the provincial tax agency, Revenu Quebec, after a notice reassessment for the 2013 audit. The balance of the escrow account was released to Aimia in July 2020. Aimia says it will now seek the remaining $6 million from Revenu Quebec. This report by The Canadian Press was first published June 16, 2025.
CTV News
12-06-2025
- Business
- CTV News
Two Aeroplan members lose $13,000 in points after getting hacked
Two Ontario residents told CTV News they were saving points for their dream vacations but found out they were hacked, losing points worth about $13,000. Aeroplan is one of the most popular loyalty programs in Canada with about five million Canadians as active members. If you're one of those five million, you may want to check your account. Aeroplan points are being targeted by scammers hoping to convert them into gift cards. Two Ontario residents told CTV News they were saving points for their dream vacations but found out they were hacked, losing point amounts valued at almost $13,000. 'I was totally shocked. I couldn't believe it at first until I checked again and they were gone,' said Frances Parkin of Toronto. Parkin told CTV News she was an English language teacher in France in the 1960s and was saving her points to take a trip back to Paris. She said she had 417,500 Aeroplan points collected—worth about $8,000—which went missing. 'Someone had purchased a series of gift cards (with my points),' said Parkin, who also admitted she hadn't checked her account for more than a year. 'It's like seeing your bank account disappearing,' added John Guiler of Markham. Guiler is also a long-time collector of Aeroplan points and has been collecting them for over 35 years. Both Guiler and his wife love to travel and after he retired last year, they were planning to use their saved Aeroplan miles to take a dream vacation. But, he said he was shocked when his 245,000 points—worth about $5,000—went missing. 'In January we started to look at trips and discovered we had missing points,' Guiler said. His said his account had been hacked by someone who also bought gift cards, and he was told by Aeroplan the points would not be returned. 'They had refused to reinstate the points because they were stolen over a year ago. I never had any indication I had fraud on my account.' When CTV News reached out to Aeroplan's parent company, Air Canada, a spokesperson said in a statement, 'We are sorry to hear about their experience, but unfortunately the length of time that has elapsed, with the customer only notifying us nearly two years after this issue arose, makes it impossible for us to investigate.' 'Moreover, while we have safeguards in place to protect accounts, under the terms that customers agree to when they enrol in Aeroplan, we state clearly that members should notify us 'immediately' of any concerns about their accounts. We also note that they are responsible for monitoring their account activity, as early detection is important for reinforcing security.' Rewards Canada—a website that monitors loyalty offerings and provides information on loyalty programs—told CTV News to prevent theft, it's better to use strong passwords, enable two-factor authentication, secure your email account, beware of phishing scams and monitor your account activity often. 'There has been a lot of security issues with accounts being hacked or taken over and people lose those points or miles,' said Patrick Sojka, founder of Rewards Canada. 'I recommend people check their loyalty balances at least a minimum of once a month or more. These points are just like cash, so treat it like cash.' Both Guiler and Parkin are frustrated their hacked points are gone for good. 'To not have any possibility of redeeming them was shocking,' said Parkin. Aeroplan points can be lost due to fraud, but you can also lose them due to 'account inactivity.' To keep your points from expiring you need to make at least one Aeroplan transaction every 18 months.
Yahoo
09-06-2025
- Health
- Yahoo
KixCare's Kix360° Membership Touches Down in Air Canada's Aeroplan eStore
New offering allows members to redeem points for 24/7 virtual healthcare for kids under 18 TORONTO & MONTREAL, June 09, 2025--(BUSINESS WIRE)--KixCare, Canada's first and only national, bilingual virtual healthcare solution dedicated to children and teenagers, has partnered with Aeroplan to offer its Kix360° membership program in the Air Canada Aeroplan eStore. Canadian Aeroplan Members can now redeem their points for a three- or 12-month subscription that provides comprehensive virtual physical and mental healthcare from a trusted team of pediatric professionals, anytime, anywhere. "At KixCare, we believe that kids require specialized care to address both physical and mental health concerns, and parents shouldn't have to wait weeks or months to speak with a healthcare professional when their child is sick or struggling," says Adam Saperia, CEO of KixCare. "We're excited to partner with Aeroplan to give Canadian families more ways to access our services than ever before." Developed with busy families in mind, Kix360° offers fast, reliable access to a team of top pediatric experts who can help parents navigate unexpected illnesses at home and abroad, provide mental health counseling, advise on difficult conversations, and share guidance on children's overall health and wellbeing. Cutting down on unnecessary emergency room visits and long wait times, Kix360° seamlessly connects parents to the right healthcare professional through secure messaging and video calls. Founded in 2021 by a team of physicians - all parents themselves - KixCare was created to remove the barriers families face in accessing timely, specialized care. By offering 24/7 support across Canada, the service helps reduce visits to walk-in clinics or emergency rooms while providing crucial health services and parenting support. "Travel should be a fun and relaxing time for families to make memories together, so for added peace of mind, we offer familiar care navigation to parents in the event their child should get sick while abroad," says Saperia. "With Kix360°, families have direct access to trusted experts who understand what kids and teens need - providing real help, in real time, whether at home or on vacation." One Kix360° membership covers all children under 18 in a household, making it a simple and effective solution for families seeking immediate personalized care. In addition to virtual appointments and care navigation while travelling, families also benefit from expert-led webinars, parenting tips, and a growing collection of pediatric health resources. Both the three- and 12-month memberships can be found on the Aeroplan eStore now for 12,500 and 18,100 points, respectively. "We pride ourselves on offering our members meaningful rewards that support their everyday needs as well as their travel experiences. With the addition of Kix360° to the Aeroplan eStore, members can turn their points into peace of mind," adds Andrew Noonan, Manager of Loyalty Retail and Affiliate Products at Air Canada. To learn more about KixCare's services, visit or visit the Aeroplan store to redeem points for a Kix360° membership. About KixCare KixCare is a Canadian digital health company and virtual care platform, connecting families and their children with around-the-clock physical and mental health services. Created by doctors with over fifty years of combined clinical and corporate experience, our mission is to offer all Canadian children and teenagers access to quality care without delay. As the only national bilingual virtual service focused on kids' health and wellbeing, our team of pediatric specialists include nurses, psychologists, social workers, dietitians, and many more experts. We're here to make it all better, together. Learn more at About Aeroplan Air Canada's Aeroplan is Canada's leading travel loyalty program, chosen by more than 9 million active members worldwide. Aeroplan helps members travel more and offers the ability to earn or redeem points on all Air Canada flights as well as on the world's largest airline partner network, encompassing over 45 airlines serving more than 1,300 of destinations across the globe. Members can also redeem points on an extensive range of merchandise, car rental rewards, and hotels with preferential rates at acclaimed hotels worldwide through HotelSavers. Aeroplan offers members exceptional value and exclusive benefits including saving on redemptions with no additional cash surcharges on Air Canada flights, starting at 6,000 points. Members earn points with Aeroplan's more than 250 financial, retail, and travel partners, including online shopping via the Aeroplan eStore. Aeroplan's unique everyday partnerships in Canada with Uber, Starbucks, LCBO and Parkland's participating 1,100+ Ultramar, Chevron, Pioneer, Fas Gas, ON the RUN and Marché Express locations Canada-wide, enable members to earn points directly when making a purchase. Plus, Aeroplan Elite Status Members and eligible Aeroplan Credit cardholders have access to additional benefits, such as lounge access. Aeroplan Credit cardholders can also get an extra night free for every three nights redeemed with Aeroplan points and more. To learn more about Aeroplan visit View source version on Contacts Media:Adam Saperiamedia@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
09-06-2025
- Health
- National Post
KixCare's Kix360° Membership Touches Down in Air Canada's Aeroplan eStore
Article content New offering allows members to redeem points for 24/7 virtual healthcare for kids under 18 Article content TORONTO & MONTREAL — KixCare, Canada's first and only national, bilingual virtual healthcare solution dedicated to children and teenagers, has partnered with Aeroplan to offer its Kix360° membership program in the Air Canada Aeroplan eStore. Canadian Aeroplan Members can now redeem their points for a three- or 12-month subscription that provides comprehensive virtual physical and mental healthcare from a trusted team of pediatric professionals, anytime, anywhere. Article content Article content 'At KixCare, we believe that kids require specialized care to address both physical and mental health concerns, and parents shouldn't have to wait weeks or months to speak with a healthcare professional when their child is sick or struggling,' says Adam Saperia, CEO of KixCare. 'We're excited to partner with Aeroplan to give Canadian families more ways to access our services than ever before.' Article content Developed with busy families in mind, Kix360° offers fast, reliable access to a team of top pediatric experts who can help parents navigate unexpected illnesses at home and abroad, provide mental health counseling, advise on difficult conversations, and share guidance on children's overall health and wellbeing. Cutting down on unnecessary emergency room visits and long wait times, Kix360° seamlessly connects parents to the right healthcare professional through secure messaging and video calls. Article content Founded in 2021 by a team of physicians – all parents themselves – KixCare was created to remove the barriers families face in accessing timely, specialized care. By offering 24/7 support across Canada, the service helps reduce visits to walk-in clinics or emergency rooms while providing crucial health services and parenting support. Article content 'Travel should be a fun and relaxing time for families to make memories together, so for added peace of mind, we offer familiar care navigation to parents in the event their child should get sick while abroad,' says Saperia. 'With Kix360°, families have direct access to trusted experts who understand what kids and teens need – providing real help, in real time, whether at home or on vacation.' Article content One Kix360° membership covers all children under 18 in a household, making it a simple and effective solution for families seeking immediate personalized care. In addition to virtual appointments and care navigation while travelling, families also benefit from expert-led webinars, parenting tips, and a growing collection of pediatric health resources. Both the three- and 12-month memberships can be found on the Aeroplan eStore now for 12,500 and 18,100 points, respectively. Article content 'We pride ourselves on offering our members meaningful rewards that support their everyday needs as well as their travel experiences. With the addition of Kix360° to the Aeroplan eStore, members can turn their points into peace of mind,' adds Andrew Noonan, Manager of Loyalty Retail and Affiliate Products at Air Canada. Article content About KixCare Article content KixCare is a Canadian digital health company and virtual care platform, connecting families and their children with around-the-clock physical and mental health services. Created by doctors with over fifty years of combined clinical and corporate experience, our mission is to offer all Canadian children and teenagers access to quality care without delay. As the only national bilingual virtual service focused on kids' health and wellbeing, our team of pediatric specialists include nurses, psychologists, social workers, dietitians, and many more experts. We're here to make it all better, together. Article content About Aeroplan Article content Air Canada's Aeroplan is Canada's leading travel loyalty program, chosen by more than 9 million active members worldwide. Aeroplan helps members travel more and offers the ability to earn or redeem points on all Air Canada flights as well as on the world's largest airline partner network, encompassing over 45 airlines serving more than 1,300 of destinations across the globe. Members can also redeem points on an extensive range of merchandise, car rental rewards, and hotels with preferential rates at acclaimed hotels worldwide through HotelSavers. Article content Aeroplan offers members exceptional value and exclusive benefits including saving on redemptions with no additional cash surcharges on Air Canada flights, starting at 6,000 points. Members earn points with Aeroplan's more than 250 financial, retail, and travel partners, including online shopping via the Aeroplan eStore. Aeroplan's unique everyday partnerships in Canada with Uber, Starbucks, LCBO and Parkland's participating 1,100+ Ultramar, Chevron, Pioneer, Fas Gas, ON the RUN and Marché Express locations Canada-wide, enable members to earn points directly when making a purchase. Article content Article content
