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

Note 20 - Income Taxes (Tables)

v3.19.2
Note 20 - Income Taxes (Tables)
12 Months Ended
Mar. 31, 2019
Statement Line Items [Line Items]  
Changes in deferred tax liability (asset) [Text Block]
                Thirteen-months
ended
    Month
ended
    Twelve-months
ended
 
   
March 31,

2019
   
March 31,

2018
   
March 31,

2017
   
March 31,

2017
(Unaudited)
   
February 28,

2017
(Unaudited)
 
    $     $     $     $     $  
                               
Origination and reversal of temporary differences    
11,599
     
5,241
     
2,240
     
163
     
2,077
 
Change in unrecognized deductible temporary differences    
(11,599
)    
(5,241
)    
(2,369
)    
(163
)    
(2,206
)
Deferred tax (recovery) expense    
-
     
-
     
(129
)    
-
     
(129
)
Reconciliation of accounting profit multiplied by applicable tax rates [Text Block]
                Thirteen-months
ended
    Month
ended
    Twelve-months
ended
 
   
March 31,

2019
   
March 31,

2018
   
March 31,

2017
   
March 31,

2017
(Unaudited)
   
February 28,

2017
(Unaudited)
 
    $     $     $     $     $  
Loss before income taxes    
(51,566
)    
(21,504
)    
(11,376
)    
(769
)    
(10,607
)
Basic combined Canadian statutory income tax rate
1
   
26.68
%    
26.78
%    
26.87
%    
26.80
%    
26.88
%
Computed income tax recovery    
(13,758
)    
(5,759
)    
(3,057
)    
(206
)    
(2,851
)
Increase resulting from:                                        
Change in unrecognized deductible temporary differences    
11,599
     
5,241
     
2,369
     
162
     
2,207
 
Non-deductible stock-based compensation    
279
     
248
     
178
     
23
     
155
 
Non-deductible change in fair value    
1,677
     
92
     
14
     
6
     
8
 
Permanent differences and other    
203
     
178
     
166
     
12
     
154
 
Change in statutory income tax rate    
-
     
-
     
201
     
3
     
198
 
Total tax (recovery) expense    
-
     
-
     
(129
)    
-
     
(129
)
Disclosure of unrecognized deferred tax assets [text block]
   
 
March 31, 2019
   
 
March 31, 2018
   
 
March 31, 2017
 
    $     $     $  
Deferred tax assets                        
Tax losses carried forward    
23,695
     
12,670
     
8,293
 
Research and development expenses    
5,362
     
4,927
     
4,220
 
Property, plan and equipment and intangible assets    
766
     
567
     
435
 
Financing expenses    
1,852
     
116
     
-
 
Other deductible temporary differences    
378
     
768
     
522
 
Deferred tax assets    
32,053
     
19,048
     
13,470
 
 Deferred tax liabilities                        
Tax basis of unsecured convertible debentures in excess of carrying value    
13
     
67
     
122
 
Deferred tax liabilities    
13
     
67
     
122
 
Net deferred tax assets    
32,040
     
18,981
     
13,348
 
Tax attributes and temporary differences, which are available to reduce future years’ taxable income [Text Block]
    March 31, 2019  
    Federal     Provincial  
     
$
     
$
 
Tax losses carried forward                
2029    
714
     
714
 
2030    
1,627
     
1,620
 
2031    
2,071
     
2,063
 
2032    
2,262
     
2,241
 
2033    
1,854
     
1,825
 
2034    
3,598
     
3,598
 
2035    
4,595
     
4,459
 
2036    
5,494
     
5,494
 
2037    
8,584
     
8,456
 
2038    
17,340
     
17,270
 
2039    
41,447
     
41,447
 
     
89,586
     
89,187
 
                 
Research and development expenses, without time limitation    
19,617
     
21,036
 
                 
Other deductible temporary differences, without time limitation    
30,875
     
32,294