Annual report pursuant to Section 13 and 15(d)

Income Tax (Tables)

v3.10.0.1
Income Tax (Tables)
12 Months Ended
Aug. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of effective income tax rate reconciliation

 

 

August 31

2018

$

 

 

August 31

2017

$

 

 

August 31

2016

$

 

 

 

 

 

 

 

 

 

 

 

Loss before taxes

 

 

(6,295,564 )

 

 

(1,933,473 )

 

 

(1,267,454 )

Expected income tax recovery

 

 

(1,322,068 )

 

 

(676,716 )

 

 

(443,609 )

Non-deductible items

 

 

2,724

 

 

 

242,635

 

 

 

97,612

 

Change in estimates

 

 

(54,057 )

 

 

(174,135 )

 

 

(897,713 )

Effect of changes in foreign and long-term tax rates

 

 

1,816,659

 

 

 

-

 

 

 

-

 

Change in valuation allowance

 

 

(443,258 )

 

 

608,216

 

 

 

1,243,710

 

Total income taxes

 

 

-

 

 

 

-

 

 

 

-

 

Schedule of deferred taxes assets and liabilities

 

 

August 31

2018

$

 

 

August 31

2017

$

 

 

August 31

2016

$

 

Non-capital losses

 

 

4,124,662

 

 

 

4,567,920

 

 

 

3,959,704

 

Valuation allowance

 

 

(4,124,662 )

 

 

(4,567,920 )

 

 

(3,959,704 )

Net deferred tax assets recognized

 

 

-

 

 

 

-

 

 

 

-

 

Schedule of carryforwards net operating loss

Year

 

Amount

 

2025

 

 

76,000

 

2026

 

 

508,000

 

2027

 

 

1,056,000

 

2028

 

 

720,000

 

2029

 

 

753,000

 

2030

 

 

552,000

 

2031

 

 

538,000

 

2032

 

 

252,000

 

2033

 

 

344,000

 

2034

 

 

3,257,000

 

2035

 

 

2,268,000

 

2036

 

 

989,000

 

2037

 

 

1,738,000

 

2038

 

 

6,540,000

 

 

 

 

19,591,000