Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Note 15 - Income Taxes (Tables)

v3.10.0.1
Note 15 - Income Taxes (Tables)
12 Months Ended
Nov. 30, 2018
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
         November 30,     November 30,     November 30, 
        2018   2017   2016
         %     %     % 
                 
Statutory income tax rate               26.5                 26.5                 26.5
                 
         $     $     $ 
                 
Statutory income tax recovery      (3,643,080)        (2,347,222)        (2,688,048)
Increase (decrease) in income taxes          
  Non-deductible expenses/          
    non-taxable income          263,650            488,769            640,481
  Change in valuation allowance       4,861,770         2,128,819         2,683,775
Investment tax credit         (466,052)                      -                      -
Financing costs booked to equity      (1,049,430)           (269,715)           (281,063)
Difference in foreign tax rates                290                 (651)                      -
True up of tax returns            11,029                      -           (356,095)
Tax loss expired and other            21,823                      -                  950
                         -                       -                       -   
Schedule of Deferred Tax Assets and Liabilities
         November 30,     November 30,     November 30, 
        2018   2017   2016
         $     $     $ 
                 
Deferred tax assets              
  Non-capital loss carry-forwards    11,847,710        8,972,285        7,427,516
  Book and tax basis differences          
    on assets and liabilities      1,041,360           863,215        3,409,343
  Other           2,586,070        2,681,375                       -
  Investment tax credit        3,354,760        2,865,404        2,405,365
  Undeducted research and             
    development expenditures      4,870,130        4,158,178        3,710,274
  Capital loss carryforwards           326,060           326,064                       -
  Share issuance cost        1,152,750           436,427                       -
  Net operating loss carryforwards                     -             14,135                       -
           25,178,840      20,317,083      16,952,498
  Valuation allowances for             
    deferred tax assets   (25,178,840)     (20,317,083)     (16,952,498)
Net deferred tax assets                         -                       -                       -
Schedule of Operating Losses
Canadian income tax losses expiring      
  in the year ended November 30,       Federal 
             $ 
             
2028              182,222
2029              555,539
2030           3,373,079
2031           5,532,739
2032           5,750,053
2033           4,562,538
2034              149,927
2035           2,634,823
2036           5,341,606
2037           5,694,760
2038         10,931,052
              44,708,338