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Esso moves on from Aeroplan, switches loyalty program to PC Optimum - Business - CBC News

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.cbc-globalnav-menu{display:none;background-color:#ECECEC;padding:0 10px;width:65px}#cbc-globalnav .cbc-globalnav-container .cbc-globalnav-menu:active,#cbc-globalnav .cbc-globalnav-container .cbc-globalnav-menu:focus,#cbc-globalnav .cbc-globalnav-container .cbc-globalnav-menu:hover{background-color:#575757}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false]+div+div+div{display:none}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social{padding-bottom:0;display:block}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social button{border-top:1px solid #FFF;padding:4px 0 4px 35px;background-color:#575757;color:#FFF;text-transform:none}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social .profile{margin:0 20px 20px}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social .profile li{padding:5px 0}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social li{border:none}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social span{display:inline;border:none}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social .cbc-globalnav-buttons{margin:0;width:auto;max-height:none}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social div{width:100%;min-height:0;margin:0}#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social .cbc-globalnav-info,#cbc-globalnav .cbc-globalnav-container[aria-hidden=false] li .globalnav-dropzone-social .cbc-globalnav-member div+div{display:none}</style><nav id="cbc-globalnav" class="sclt-globalnav" role="navigation" aria-label="CBC Global Navigation"><div class="cbc-globalnav-container"><span><a target="_top" class="cbc-globalnav-icon" href="https://web.archive.org/web/20180313220615/http://www.cbc.ca/">CBC.ca</a><button class="cbc-globalnav-menu" type="button" aria-label="menu button" aria-pressed="false">MENU</button></span><ul><li><a target="_top" class="" href="https://web.archive.org/web/20180313220615/http://www.cbc.ca/television">TV</a></li><li><a target="_top" class="" href="https://web.archive.org/web/20180313220615/http://www.cbc.ca/radio">Radio</a></li><li><a target="_top" class="" href="https://web.archive.org/web/20180313220615/http://www.cbc.ca/news">News</a></li><li><a target="_top" class="" href="https://web.archive.org/web/20180313220615/http://www.cbc.ca/sports">Sports</a></li><li><a target="_top" class="" href="https://web.archive.org/web/20180313220615/http://cbcmusic.ca/">Music</a></li><li><a target="_top" class="" href="https://web.archive.org/web/20180313220615/http://www.cbc.ca/life">Life</a></li><li><a target="_top" class="" 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(Jonathan Hayward/Canadian Press) </p> </div> </div> <div class="wrap8 story-bodywrapper sclt-storybody"> <div class="story-middle col2" role="complementary"> <div id="sharecount" class="sclt-share"></div> </div> <div class="story-body" aria-labelledby="storyhead" role="main"> <div class="story-content"> <p>Aeroplan loyalty card members will not be able to directly earn miles at Esso gas stations effective June 1 as Imperial Oil Ltd. shifts its relationship to Loblaw Companies Ltd.</p> <p>The loyalty card program notified members of the change to its 14-year partnership in an email.</p> <p>It noted that 1.5 miles for every dollar spent will continue to be earned when using Aeroplan-affiliated credit cards for purchases at any retailer, including Esso.</p> <p>Direct miles will continue to be earned at more than 75 partner brands, including Home Hardware, Toyota, Costco.ca, Avis and Marriott hotels.</p> <p>Aimia, the operator of Aeroplan, said it is working on a promotion to earn more miles with existing partners and developing a strategy for how the program will change once the long-term partnership with Air Canada ends in 2020</p> <p>Cheryl Kim, Aimia's vice-president corporate reputation and public affairs, said Esso is not a material contributor to Aimia's financial results and won't affect the company's financial guidance or strategy.</p> <p>"The number of miles you earn on any particular transaction is pretty low so it's really not financially a big deal," she said in an interview.</p> <p>Drew McReynolds of RBC Dominion Securities said Esso accounts for an undisclosed fraction of the 10 to 12 per cent gross billings from non-financial and non-Air Canada partners.</p> <p>However, the minimal financial impact doesn't convey the overall effect on Aeroplan as it prepares for the departure of Air Canada.</p> <p>"The optics of any accumulation partner defections between now and 2020 are negative in our view, making new Aeroplan partner announcements between now and 2020 that much more critical to stem changes in member behaviour," he wrote in a report.</p> <p>Loblaw Imperial Oil announced Tuesday they have signed a deal that will allow PC Optimum members to earn points at more than 1,800 Esso gas stations starting this summer.</p> <p>The company said members will earn 10 points per litre on fuel as well as 10 points per dollar on eligible convenience store purchases and car wash services at Esso stations.</p> <p>Registered members may also receive targeted offers.</p> <p>The PC Optimum program was launched earlier this year when Loblaw brought together the PC Plus and Shoppers Optimum programs.</p> <p>The company faced some issues during the merger, with some members complaining online about troubles with the new app and points conversions.</p> <p>The PC Optimum program is already available at Mobil gas stations.</p> <p>On the Toronto Stock Exchange, Aimia's shares gained nearly four per cent at $1.60 in morning trading.</p> </div> <div class="story-bylinefooter"><a href="https://web.archive.org/web/20180313220615/http://www.cp.org/" target="_blank"> &copy; The Canadian Press, 2018 <br/><img src="/web/20180313220615im_/http://www.cbc.ca/gfx/icon_cponline07.gif" alt="The Canadian Press"></a></div> <div id="storytools" class="sclt-share"> <ul> <li id="sharetools" class="nav"></li> </ul> <div class="feedback-links"> <a class="storytool error" href="/web/20180313220615/http://www.cbc.ca/news2/feedback/index_typo.html" onclick="location.href=this.href + document.title + (new Date()); return false;">Report Typo or Error</a> <a class="storytool feedback" href="https://web.archive.org/web/20180313220615/http://www.cbc.ca/connects/">Send Feedback</a> </div> </div> <script type="text/javascript"> YUI(_CBC_LOADER).use('cbc_core', 'cbc_config', 'node', 'gigya', 'event', function(Y, result) { window.printSocialCounts = function printSocialCounts(response) { if (!response) return; if (typeof response.errorCode !== "undefined" && response.errorCode != 0) { if (typeof response.errorMessage !== "undefined") console.log('Error :' + response.errorMessage); return; } if (typeof response.shareCounts === "undefined") { console.log('Error : No shareCounts returned.'); return; } var total = 0; for (provider in response.shareCounts) { if (!response.shareCounts.hasOwnProperty(provider)) { continue; } total += response.shareCounts[provider]; } Y.one(response.context).one("#totalshares").setHTML(total + (total == 1 ? 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complexlink-target">WestJet CEO's sudden departure creates unexpected turbulence for Calgary-based airline</p> </a> </li> <li class="promo col2width"> <a href="/web/20180313220615/http://www.cbc.ca/news/business/jobs-trade-trump-1.4565678" class="complexlink"> <p> <img src="https://web.archive.org/web/20180313220615im_/https://i.cbc.ca/1.4566087.1520447680!/fileImage/httpImage/image.jpg_gen/derivatives/16x9tight_140/worldbonds-terrorlaw.jpg" width="100%" alt="WORLDBONDS TERRORLAW" title="" height="79"/> <span class="promo-label label analysis">Analysis</span> </p> <p class="promo-title complexlink-target">Trade disruption would likely spell the end of North American jobs surge: Don Pittis</p> </a> </li> <li class="promo col2width"> <a href="/web/20180313220615/http://www.cbc.ca/news/business/ceraweek-oil-canada-us-exports-1.4562838" class="complexlink"> <p> <img src="https://web.archive.org/web/20180313220615im_/https://i.cbc.ca/1.4563392.1520357825!/fileImage/httpImage/image.jpg_gen/derivatives/16x9tight_140/oil-energy-oil.jpg" width="100%" alt="OIL-ENERGY/OIL" title="" height="79"/> <span class="promo-label label analysis">Analysis</span> </p> <p class="promo-title complexlink-target">Oilpatch can't match enthusiasm of U.S. industry</p> </a> </li> <li class="promo col2width"> <a href="/web/20180313220615/http://www.cbc.ca/news/business/trump-steel-trade-war-1.4562331" class="complexlink"> <p> <img src="https://web.archive.org/web/20180313220615im_/https://i.cbc.ca/1.4562721.1520273574!/fileImage/httpImage/image.jpg_gen/derivatives/16x9tight_140/usa-trade-trump.jpg" width="100%" alt="USA-TRADE/TRUMP" title="" height="79"/> <span class="promo-label label analysis">Analysis</span> </p> <p class="promo-title complexlink-target">First casualty of Trump's trade war is his country's reputation: Don Pittis</p> </a> </li> <li class="promo col2width"> 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src="https://web.archive.org/web/20180313220615im_/https://i.cbc.ca/1.4552946.1519685526!/fileImage/httpImage/image.jpg_gen/derivatives/16x9tight_140/rachel-notley.jpg" width="100%" alt="Rachel Notley" title="" height="79"/> <span class="promo-label label analysis">Analysis</span> </p> <p class="promo-title complexlink-target">Alberta invests in pipeline 'game changer' but $1B commitment needs to lure investors</p> </a> </li> <li class="promo col2width"> <a href="/web/20180313220615/http://www.cbc.ca/news/business/tax-dollars-1.4545415" class="complexlink"> <p> <img src="https://web.archive.org/web/20180313220615im_/https://i.cbc.ca/1.3285012.1492807877!/fileImage/httpImage/image.jpg_gen/derivatives/16x9tight_140/cash.jpg" width="100%" alt="Cash" title="" height="79"/> <span class="promo-label label analysis">Analysis</span> </p> <p class="promo-title complexlink-target">Where your tax dollar goes</p> </a> </li> <li class="promo col2width"> <a href="/web/20180313220615/http://www.cbc.ca/news/business/free-trade-protectionism-1.4543721" class="complexlink"> <p> <img src="https://web.archive.org/web/20180313220615im_/https://i.cbc.ca/1.4545462.1519238314!/fileImage/httpImage/image.jpg_gen/derivatives/16x9tight_140/usa-trade-tariffs.jpg" width="100%" alt="USA-TRADE/TARIFFS" title="" height="79"/> <span class="promo-label label analysis">Analysis</span> </p> <p class="promo-title complexlink-target">Why politics is driving a new wave of protectionism: Don Pittis</p> </a> </li> <li class="promo col2width"> <a href="/web/20180313220615/http://www.cbc.ca/news/business/alberta-orphan-wells-1.4543559" class="complexlink"> <p> <img src="https://web.archive.org/web/20180313220615im_/https://i.cbc.ca/1.3033286.1452610518!/fileImage/httpImage/image.PNG_gen/derivatives/16x9tight_140/orphaned-well.PNG" width="100%" alt="Orphaned well " title="" height="79"/> </p> <p class="promo-title complexlink-target">Orphan well clean-up costs could 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