I did Ottawa to LGA a few years back on American Eagle for about $150 USD. Also look at Montreal (not far away). There were no low cost carriers serving the route back then; not sure if this has changed.
The Frequent Flyer Concierge team takes the hard work out of finding reward seat availability. Using their expert knowledge and specialised tools, they'll help you book a great trip that maximises the value for your points.
This is where Qantas points come in handy - do you have any at your disposal? It should cost 8000points + $2.50 in taxes - given that there is availability.
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