Cheap Flights from Canada to Reykjavík

Reykjavík is closer to eastern Canada than most people realise: Halifax to Iceland takes about four hours. Fares are lowest in the dark months, which conveniently is northern lights season, while summer brings midnight sun and the highest prices. Since the budget airline PLAY collapsed in 2025, the market belongs to Icelandair and a growing number of Canadian carriers.

Quick answer

• Most of the year: Icelandair from Toronto and Vancouver, with seasonal Halifax flights.
• Mostly summer: Air Canada from Toronto and Montréal, WestJet from Calgary plus new 2026 routes from Edmonton and Winnipeg, and Air Transat from Montréal.
• Cheapest months: November to March, outside the holidays.
• Deal threshold: roughly $450–$600 return from Toronto, Montréal or Halifax, taxes included.
• Hidden value: a free Iceland stopover on the way to Europe.

Which Canadian airports fly to Reykjavík

Keflavík International (KEF), about 50 km from Reykjavík, handles all transatlantic flights. Don’t confuse it with the small city airport, which serves domestic and regional flights only.

Icelandair is the backbone, flying from Toronto Pearson and Vancouver, and seasonally from Halifax. Air Canada runs seasonal Toronto and Montréal flights, roughly June to early autumn. WestJet flies Calgary–Reykjavík seasonally and added weekly summer 2026 flights from Edmonton and Winnipeg. Air Transat launched Montréal–Reykjavík in June 2026, at up to two flights a week through September.

PLAY, the Icelandic low-cost carrier, ceased operations on September 29, 2025. Its exit removed a key source of cheap winter fares, so Icelandair’s own sales now set the floor. Summer routes change every year, so confirm next season’s schedules (verify before you fly).

When to find the cheapest flights

Period	Price level	Daylight and conditions
November–mid-December	Low	Short days; aurora season
Christmas–New Year	High	Festive, popular with visitors
January–February	Lowest	Darkest, coldest and best value
March–May	Moderate	Days lengthen quickly
June–August	Highest	Midnight sun; seasonal Canadian flights
September–October	Moderate	Aurora returns; fall colours

Heads up: Winter road conditions in Iceland can be dangerous, and storms close roads with little notice. If you rent a car between November and March, follow official road and weather updates daily.

What a good fare looks like

Hedged guidance for return economy, in CAD, including taxes. These reflect typical fare patterns, not live prices.

From	Deal threshold to watch for	Typical range
Halifax (seasonal)	$450–$600	$600–$900
Toronto, Montréal	$450–$600	$650–$1,000
Vancouver, Calgary	$550–$700	$750–$1,100
Edmonton, Winnipeg (summer)	$550–$750	$750–$1,100

The Iceland stopover

Icelandair’s stopover program has long let passengers flying between North America and Europe spend up to seven nights in Iceland at no extra airfare. That turns a London, Paris or Amsterdam ticket into two trips. See our stopover programs guide for how to book one, and pair it with our London page if that’s your final stop.

Entry rules in brief

Iceland is not in the EU, but it is in the Schengen Area. Canadians can visit visa-free for up to 90 days in any 180-day period, and the EU’s biometric Entry/Exit System, fully operational since April 2026, applies at Keflavík. ETIAS had no confirmed launch date as of November 2026. Check travel.gc.ca before you go.

Flight-only vs package

Flight-only plus a rental car is the classic Iceland trip. Icelandair’s vacation packages, which bundle flights, hotels and sometimes a car or tours, can be good value in winter. Compare against booking separately, especially for short city-and-aurora breaks.

Money-saving tips for Reykjavík

• Buy drinks at arrivals duty-free. Alcohol is heavily taxed in Iceland, and the duty-free shop at Keflavík arrivals is far cheaper than bars.
• Shop at discount supermarkets and drink the excellent tap water instead of buying bottles.
• Use municipal pools. Reykjavík’s geothermal neighbourhood pools cost a fraction of the famous lagoons.
• Self-drive the Golden Circle in good weather instead of paying for a tour.
• Check rental insurance carefully. Gravel and sand-and-ash damage are common exclusions. This is general information, not professional advice.
• Skip cash. Cards are accepted almost everywhere, even for small purchases.

Getting from the airport

• Airport coaches: run to the main bus terminal in Reykjavík in about 45 minutes (around 4,000 ISK at last check), with an optional hotel drop-off upgrade.
• Public bus 55: cheaper (about 2,400 ISK at last check) but less frequent and slower.
• Rental car: collect at the airport if you’re heading out of the city.
• Taxi: available, but expensive for the 50 km ride.

Pro tip: The Blue Lagoon sits between the airport and the city. Scheduling it on your arrival or departure day saves a separate trip.

Bottom line

Reykjavík is a short hop from eastern Canada, and the cheapest fares come in the dark months from November to March. With PLAY gone, watch Icelandair sales and summer launches from Canadian airlines, and consider a free stopover on your way to Europe. To catch the next Iceland deal, get free deal alerts.