Thanks for all the info. Sounds like I have more research to do but from previous experiences, flights on AM aren't really worth it.
The few times I did check for flights (Florida and France), I can pretty much get the same flight for the same cost as AM charges just for the tax (so I'm basically getting next to nothing for the actual AirMiles) (The only flight I've booked with AM was to France a few years ago when I was "Gold" at the time and I was able to find the same flight for my inlaws for about $50 more (so the few thousand AM were worth about $50). We also often fly with discount airlines in the US which we also can't do with AM.
Example: Out of coincidence, yesterday we booked a one-way flight with Allegiant from St-Pete, Florida to Ogdensburg, NY for $224CAD each. We could have used AM to book from Tampa to Ottawa (kind of a wash; flying from St-Pete is more convenient for us but landing in Ottawa would be better than landing in Ogdensburg) but the AM flight was 2100AM + $76 each - which was actually better than I was expecting - honestly, if I had checked AM, I might have booked this flight! I'm not sure why it's that cheap; others are 4800, 5200 or 5800 AM plus $60 to $160 in tax which I find is not a great use of points to save $60-160. I believe it might be because there is a seat sale going on right now; I actually checked flight prices yesterday before I booked the Allegiant one and the cheapest one-way direct from Ottawa was almost $1200 but today this flight is $272 (so basically $0.10 per AM) (For $272, I probably would have bought it instead of the $224 flight to Ogdensburg).
As far as lodging, we pretty much always do AirBnb or discount websites and I find it's cheaper.