Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

                        CONSENT OF INDEPENDENT AUDITORS

We refer to amendment no. 1 to the registration statement on Form S-4
("Amendment No. 1") filed by IMAX Corporation (the "Company") under the
Securities Act of 1933, as amended.

We hereby consent to the incorporation by reference in Amendment No. 1 of our
report dated February 27, 2004 with respect to the consolidated balance sheets
of the Company as at December 31, 2003 and 2002 and the consolidated statements
of operations, cash flows and shareholders' equity (deficit) for each year in
the three-year period ended December 31, 2003 prepared in accordance with
generally accepted accounting principles in the United States of America. We
also consent to the reference to us under the heading "Experts" in such
Amendment No. 1.


/s/ PricewaterhouseCoopers LLP
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PricewaterhouseCoopers LLP
Chartered Accountants
May 6, 2004