LEASE LIABILITIES

12 Months Ended

Dec. 31, 2021

Lease liabilities [abstract]

LEASE LIABILITIES [Text Block]

14. LEASE LIABILITIES

Reconciliation of movements of lease liabilities to cash flows arising from financing activities:

		2021			2020
Balance, beginning of year	$	2,292		$	3,532
New leases		79			33
Interest expense		91			144
Interest paid		(91	)		(144	)
Payment of principal portion of lease liabilities		(1,231	)		(1,293	)
Effect of changes in foreign exchange rates		23			20
Balance, end of year	$	1,163		$	2,292

During 2021, the expense related to variable lease payments not included in the measurement of lease obligations was $881 (2020 - $835).

The following table sets out a maturity analysis of lease payments, showing the undiscounted lease payments to be made as at December 31, 2021 and 2020:

		2021		2020
Year 1	$	1,165	$	1,243
Year 2		19		1,138
Year 3		9		19
Year 4		-		9
Year 5+		-		-
Total undiscounted lease payments	$	1,193	$	2,409
Carrying value of lease liabilities	$	1,163	$	2,292