Originally Posted by
belfordrocks
Of course Membership Rewards has been devalued- it just lost Continental which was arguably its most rewarding partner, and Aeroplan award charts have shot up too.
In Canada the Continental transfer rate was 1000MR = 750 Onepass Points. Not the greatest transfer rate, so not as big a loss.
MR points do get devalued as the airline points they get transferred to get devalued, like AE you mentioned.