Under this policy, when a customer cancels a reservation, he or she may receive a refund. However, it is important to know that only refundable tickets can be refunded. A traveler who booked a non-refundable ticket may not get his or her money back.
When a passenger’s ticket is refunded, it can be identified by his or her ticket type, which can be downloaded from the airline’s official website.
As per Air Canada Cancellation policy 24 hrs, The traveller can get a full refund. The refund can be made using the same payment method used by the traveler to purchase the airline ticket.