Related Party Transactions
|6 Months Ended|
Feb. 29, 2020
|Related Party Transactions [Abstract]|
|Related Party Transactions||
15. Related Party Transactions
(1) C.A.B. Financial Services is owned by the CEO of the Company, M&E Services Ltd. is owned by the CFO of the Company, and Docherty Management Limited is owned by the President of the Company.
Due to related parties:
Related party transactions are recorded at the exchange amount established and agreed to between the related parties.
As at February 29, 2020, $1,600 (August 31, 2019 - $48,096) was payable to related parties included in due to related parties.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef