So the tickets have to be purchased by Feb 5th but I don't think it matters when you fly. Here are some more details on how the transfer actually works. Please PM me if you are serious and we can work out the details. Thanks
If booking through our Call Centre, simply provide the Travel Credit number shown above to the agent at the time of booking.
If booking on our website, or through a travel agent, please wait until travel has been completed, however, no longer than 90 days, and then email the new ticket number along with the Travel Credit number shown above, to
refundservices@aircanada.ca. They will refund the value of the credit back to the credit card used to purchase the new ticket. If the new ticket is of lesser value than the Travel Credit, no residual amount will be issued.
If you wish to transfer the Travel Credit to another person, please include a note in your correspondence authorizing the transfer.
You may also fax or mail the Travel Credit number and new ticket number to our Refunds Department: