<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001132859</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0000921582</issuerCik>
<issuerName>IMAX Corporation</issuerName>
<secFileNumber>001-35066</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">2525 Speakman Drive</street1>
<city xmlns="http://www.sec.gov/edgar/common">Mississauga</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">A6</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">L5K1B1</zipCode>
</issuerAddress>
<issuerContactPhone>(905)-403-6457</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Kevin Douglas</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Director</relationshipToIssuer>
<relationshipToIssuer>10% Stockholder</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Common Shares</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>StoneX Financial Inc.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">329 Park Avenue North, Suite 350</street1>
<city xmlns="http://www.sec.gov/edgar/common">Winter Park</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">FL</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">32789</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>568000</noOfUnitsSold>
<aggregateMarketValue>21640800</aggregateMarketValue>
<noOfUnitsOutstanding>53993017</noOfUnitsOutstanding>
<approxSaleDate>03/16/2026</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Common Shares</securitiesClassTitle>
<acquiredDate>12/07/2007</acquiredDate>
<natureOfAcquisitionTransaction>Acquired as a result of various open market purchases</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>IMAX Corporation</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>400000</amountOfSecuritiesAcquired>
<paymentDate>12/07/2007</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Shares</securitiesClassTitle>
<acquiredDate>12/12/2007</acquiredDate>
<natureOfAcquisitionTransaction>Acquired as a result of various open market purchases</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>IMAX Corporation</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>80000</amountOfSecuritiesAcquired>
<paymentDate>12/12/2007</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Shares</securitiesClassTitle>
<acquiredDate>12/13/2007</acquiredDate>
<natureOfAcquisitionTransaction>Acquired as a result of various open market purchases</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>IMAX Corporation</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>120000</amountOfSecuritiesAcquired>
<paymentDate>12/13/2007</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<remarks>Kevin Douglas and his wife, Michelle Douglas, hold 3,862,346 shares jointly as the beneficiaries and co-trustees of the K&amp;M Douglas Trust. In addition, Kevin Douglas and Michelle Douglas are co-trustees of the Irrevocable Descendant's Trust FBO Alexander James Douglas which holds 646,111 shares, the Irrevocable Descendant's Trust FBO Amanda Anne Douglas which holds 646,110 shares, the Irrevocable Descendant's Trust FBO Jake Edward Douglas which holds 646,110 shares, and the Irrevocable Descendant's Trust FBO Summer Jean Douglas which holds 646,110 shares. Kevin Douglas also holds 440,000 shares as the trustee and beneficiary of the Nonexempt Trust FBO Kevin G. Douglas and 571,989 shares as the Manager of Celtic Financial LLC. Includes 62,652 shares held by the KGD IDGT.  Kevin Douglas shares dispositive power with respect to 440,000 shares held by the Nonexempt Trust FBO James E. Douglas, III, and 923,645 shares held by James E. Douglas, III.</remarks>
<noticeSignature>
<noticeDate>03/16/2026</noticeDate>
<signature>/s/ Eileen Wheatman as attorney-in-fact for Kevin Douglas</signature>
</noticeSignature>
</formData>
</edgarSubmission>
