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Financings

AIMIA RECEIVES $8.8 MILLION TAX REFUND

By The Northwire Desk — AI Analysis Nov 25, 2025 · 07:00 AIM · 2.74 AIMIA INC.
AIM · Price

Executive Summary

  • Aimia Inc. received an $8.8 million tax refund (including net interest) from Revenu Québec related to a 2013 audit of a former subsidiary.
  • The refund brings the total cash recovered from that audit to $38.1 million, which the company deems a closed matter with no further expected payments.
  • Aimia plans to apply the proceeds to support its 2025‑2026 normal‑course issuer bid and for general investment purposes.

Key Details

  • Tax refund amount: $8.8 million (includes net interest).
  • Source of refund: Final processing of reassessment notices from Revenu Québec for a 2013 income tax audit of a former subsidiary.
  • Cumulative refunds received to date from the same audit: $38.1 million (including net interest).
  • Company’s stance: The matter is considered closed; no additional refunds or payments are expected.
  • Intended use of proceeds: Support the 2025‑2026 normal‑course issuer bid and for general investment purposes.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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