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BANK LOANS PAYABLE	12 Months Ended
Dec. 31, 2011
BANK LOANS PAYABLE
BANK LOANS PAYABLE	5. BANK LOANS PAYABLE Represents loans from the Royal Bank of Canada, repayable upon demand, as follows: a. In the amount of CDN$24,950 (US$24,533) as at December 31, 2011 (CDN$34,970 (US$35,160) as at December 31, 2010), requiring monthly blended payments of CDN$835 (US$821) including principal and interest at 4.25% per annum. Proceeds of the loan were used to fully repay and discharge a line of credit in the amount of CDN$50,000 (US$49,165). The loan is secured by a personal guarantee of an officer of the Company. b. In the amount of CDN$13,747 (US$13,541) as at December 31, 2011 (CDN$nil (US$nil) as at December 31, 2010), requiring monthly blended payments of CDN$1,540 (US$1,514) including principal and interest at 5.02% per annum. Proceeds of the loan were used to fully repay and discharge a corporate visa in the amount of CDN$18,218 (US$17,914). The loan is secured by a personal guarantee of an officer of the Company.

BANK LOANS PAYABLE

12 Months Ended

Dec. 31, 2011

5. BANK LOANS PAYABLE

Represents loans from the Royal Bank of Canada, repayable upon demand, as follows:

a. In the amount of CDN$24,950 (US$24,533) as at December 31, 2011 (CDN$34,970 (US$35,160) as at December 31, 2010), requiring monthly blended payments of CDN$835 (US$821) including principal and interest at 4.25% per annum. Proceeds of the loan were used to fully repay and discharge a line of credit in the amount of CDN$50,000 (US$49,165). The loan is secured by a personal guarantee of an officer of the Company.

b. In the amount of CDN$13,747 (US$13,541) as at December 31, 2011 (CDN$nil (US$nil) as at December 31, 2010), requiring monthly blended payments of CDN$1,540 (US$1,514) including principal and interest at 5.02% per annum. Proceeds of the loan were used to fully repay and discharge a corporate visa in the amount of CDN$18,218 (US$17,914). The loan is secured by a personal guarantee of an officer of the Company.