Loan Payable (Detail Textuals) - Canada Emergency Business Account Program |
9 Months Ended | |
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May 31, 2020
CAD ($)
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May 31, 2020
USD ($)
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Debt Instrument [Line Items] | ||
Percentage of wages as subsidy | 75.00% | 75.00% |
Amount of subsidy received | $ 15,272 | |
Loans payable | Canadian dollar loan | ||
Debt Instrument [Line Items] | ||
Long-term Debt | $ 40,000 | |
Interest rate | 0.00% | |
Percentage of debt forgiveness | 25.00% | 25.00% |
Maximum amount of loan forgiveness | $ 10,000 | |
Loans payable | 3-year term loan | ||
Debt Instrument [Line Items] | ||
Interest rate | 5.00% |
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- Definition Represents the amount of subsidy received. No definition available.
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- Definition Represents the percentage of debt forgiveness. No definition available.
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- Definition Represents the percentage of wages as subsidy. No definition available.
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- Definition Decrease for amounts of indebtedness forgiven by the holder of the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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