<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001807475</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>
                <ns2:street1>2525 Speakman Drive</ns2:street1>
                <ns2:city>Mississauga</ns2:city>
                <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                <ns2:zipCode>L5K 1B1</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>905-403-6500</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>DENNY TU</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>38th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>10000</noOfUnitsSold>
            <aggregateMarketValue>208123.00</aggregateMarketValue>
            <noOfUnitsOutstanding>54589933</noOfUnitsOutstanding>
            <approxSaleDate>05/01/2023</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>03/07/2023</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock Vested under Issuer S-8 Registered Plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>2215</amountOfSecuritiesAcquired>
            <paymentDate>03/07/2023</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>03/07/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock Vested under Issuer S-8 Registered Plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>7785</amountOfSecuritiesAcquired>
            <paymentDate>03/07/2022</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>05/01/2023</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Denny Tu</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
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144
0001807475
XXXXXXXX
LIVE
0000921582
IMAX CORPORATION
001-35066
2525 Speakman Drive
Mississauga
A6
L5K 1B1
905-403-6500
DENNY TU
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
38th Floor
New York
NY
10004
10000
208123.00
54589933
05/01/2023
NYSE
Common
03/07/2023
Restricted Stock Vested under Issuer S-8 Registered Plan
Issuer
N
2215
03/07/2023
Not Applicable
Common
03/07/2022
Restricted Stock Vested under Issuer S-8 Registered Plan
Issuer
N
7785
03/07/2022
Not Applicable
Y
05/01/2023
/s/ Denny Tu