March 31, 2020				March 31, 2019
		$				$
Investment tax credit			182				652
Government grant			27				-
Total government assistance			209				652

 

Government assistance is comprised of a government grant from the Canadian federal government and research and development investment tax credits receivable from the Quebec provincial government which relate to qualifiable research and development expenditures under the applicable tax laws. The amounts recorded as receivables are subject to a government tax audit and the final amounts received differ from those recorded. For the years ended and the Corporation recorded and respectively, as a reduction of research and development expenses in the Consolidated Statements of Loss and Comprehensive Loss.

 

The amounts recorded as receivables are subject to a government tax audit and the final amounts received differ from those recorded. Unrecognized Canadian federal tax credits be used to reduce future Canadian federal income tax and expire as follows:

 

		$
2029			8
2030			21
2031			32
2032			306
2033			314
2034			310
2035			369
2036			203
2037			224
2038			230
2039			234
2040			217
			2,468

In the Corporation was awarded up to CAD in non-dilutive and non-repayable funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to apply towards eligible research and development disbursements of the Corporation’s unique commercial production platform for CaPre. As at the Corporation has claimed in connection with this program, which has been recorded as a reduction of research and development expenses in the Consolidated Statements of Loss and Comprehensive Loss.