Northwire Canada EditionTuesday, October 20, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4160.30 −0.5% SILVER 57.27 −0.1% COPPER 6.58 +0.2% OIL 98.54 −0.5% PALLADIUM 1119.00 +0.0% BGAU 1.01 −1.9% ESK 0.205 −2.4% BEX 0.080 +6.7% PMX 0.080 +0.0% ZNX 0.280 −3.5% HHH 4.01 −3.1% SRL 0.335 −1.5% WGX 4.82 −1.8% WCU 0.130 +8.3% SAGE 0.110 +0.0% BHS 0.060 +20.0% BARU 0.055 +22.2% REC 0.050 +0.0% NICN 0.115 +0.0% TRX 1.48 −2.0% VLC 0.220 +4.8% GOLD 4160.30 −0.5% SILVER 57.27 −0.1% COPPER 6.58 +0.2% OIL 98.54 −0.5% PALLADIUM 1119.00 +0.0% BGAU 1.01 −1.9% ESK 0.205 −2.4% BEX 0.080 +6.7% PMX 0.080 +0.0% ZNX 0.280 −3.5% HHH 4.01 −3.1% SRL 0.335 −1.5% WGX 4.82 −1.8% WCU 0.130 +8.3% SAGE 0.110 +0.0% BHS 0.060 +20.0% BARU 0.055 +22.2% REC 0.050 +0.0% NICN 0.115 +0.0% TRX 1.48 −2.0% VLC 0.220 +4.8%
Other

Aimia receives $8.8M tax refund following reassessment

By The Northwire Desk — AI Analysis Nov 25, 2025 · 16:21 AIM · 2.74 Aimia Inc
AIM · Price

Executive Summary

  • Aimia Inc. has received an $8.8 million tax refund from Revenu Quebec, bringing the total cumulative refund related to the 2013 income tax audit of a former subsidiary to $38.1 million (including net interest).
  • The company considers the audit matter fully closed and expects no further refunds or payments from this specific audit.
  • Aimia intends to utilize the proceeds to support its 2025-2026 normal course issuer bid and for general investment purposes.

Key Details

  • Refund Amount: $8.8 million received from Revenu Quebec, including net interest proceeds.
  • Cumulative Total: The company has now received a combined total of $38.1 million in tax refunds (including net interest) related to the 2013 income tax audit of a former subsidiary.
  • Audit Status: The matter is considered closed by Aimia; no further refunds or payments are expected as a result of this audit.
  • Use of Proceeds: The funds will be used to support the company's 2025-2026 normal course issuer bid and for general investment purposes.
  • Background: The refund relates to the final processing of notices of reassessment from Revenu Quebec regarding a 2013 income tax audit of a company's former subsidiary.
Read the original news release →

More from Aimia Inc

Jun 29, 2026 · 17:42

Bozzetto sale proceeds successfully retire 92% of high-cost debt; remaining capital deployment pipeline remains the key catalyst.

Other Jun 01, 2026 · 07:00

Aimia Closes $268M Bozzetto Divestiture, Triggers $142M Note Redemption as Capital Vehicle Pivot Accelerates

Other May 29, 2026 · 10:45

Aimia Executes Bozzetto Divestiture to Fund Debt Paydown and Strategic Pivot

M&A / Property May 14, 2026 · 07:00

Aimia Renews Share Buyback as Bozzetto Sale Proceeds Loom

Other May 13, 2026 · 06:00

Aimia Deleveraging Confirmed as Bozzetto Sale Nears Close, But Core Revenue Contraction Looms

Earnings Mar 24, 2026 · 06:00

AIMIA REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS

Earnings