As long as it requires two hands to open it should be fine.
Knives with blades under 6cm (~2.4 in.) Can be carried on flights within Canada and to non-US destinations, https://www.catsa-acsta.gc.ca/en/what-can-bring/sharp-objects.
US TSA rules differ, https://www.tsa.gov/travel/security-screening/whatcanibring/items/knives#:~:text=Checked Bags%3A Yes,to baggage handlers and inspectors.