EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2019

Earnings per share [abstract]

EARNINGS PER SHARE [Text Block]

14.EARNINGS PER SHARE

The calculation of basic and diluted earnings (loss) per share for the relevant years is based on the following:

		December 31,		December 31,		December 31,
		2019		2018		2017
Net income (loss) for the year	$	3,334,043	$	194,453	$	5,015,911	)
Basic weighted average number of common shares outstanding		47,170,086		47,117,369		46,848,053
Effect on dilutive securities:
Options		1,016,436		334,275		-
Diluted weighted average number of common shares outstanding		48,186,522		47,451,644		46,848,053
Basic income (loss) per share	$	0.07	$	0.00	$	(0.11	)
Diluted income (loss) per share	$	0.07	$	0.00	$	(0.11	)