What is the cancellation policy for Business Class or Premium Economy?

I booked a Premium Economy flight with Air Canada a few months ago and later needed to cancel. I wasn’t sure what the policy would be, so I called 877-764-3622. The representative explained that Business Class and Premium Economy tickets generally have more flexible cancellation options compared to Basic Economy. Depending on the fare rules, you could get a full refund, a partial refund, or a travel credit for future travel. They guided me through the process, and I ended up with a credit I could use later. Honestly, talking to someone directly made everything so much simpler than trying to figure it out online. If you’re traveling in Business or Premium Economy and need to cancel, calling that number is the fastest and most reliable way to understand your options and handle the cancellation stress-free.