Air Canada 24 hour cancellation policy is designed to provide travelers with flexibility and peace of mind when booking flights. Under this policy, passengers can cancel their flight within 24 hours of booking and receive a full refund, provided the flight is scheduled to depart at least 14 days later. This feature allows travelers to secure their reservations without the immediate risk of losing their money, making it easier to adjust plans as needed. After the initial 24 hours, standard cancellation fees will apply based on the fare type purchased. Being aware of the Air Canada 24-hour cancellation policy can help passengers make informed decisions, ensuring a smoother travel experience and reducing potential financial loss.