NOTE 28 COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2020

NOTE 28 COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES

28. COMMITMENTS AND CONTINGENCIES

Commitments

A summary of undiscounted liabilities and future operating commitments at December 31, 2020, are as follows:

	Total		Within 1 year		2 - 5 years		Greater than 5 years
	$		$		$		$
Maturity analysis of financial liabilities
Accounts payables and accrued liabilities		3,442,725		3,442,725		-		-
Loans payable		2,132,227		992,070		143,624		996,533
Notes payable		708,361		708,361		-		-
Convertible notes payable		200,530		200,530		-		-
Lease payments		496,386		241,138		255,248		-
Total financial liabilities		6,980,229		5,584,824		398,872		996,533

Contingencies

Various tax and legal matters are outstanding from time to time. In the event that management’s estimate of the future resolution of these matters changes, the Company will recognize the effects of these changes in the consolidated financial statements in the period such changes occur.