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LEASE COMMITMENTS
3 Months Ended
Jul. 31, 2011
LEASE COMMITMENTS [Text Block]

10. LEASE COMMITMENTS

    Canal’s corporate headquarters are now located in the personal residence of its Chief Financial Officer.

    There are no operating leases that have initial or remaining non-cancellable terms in excess of one year as of July 31, 2011. Accordingly, Canal has no future minimum payments due over the next five years.