Income Tax (Tables)

12 Months Ended

Aug. 31, 2023

Income Tax

Schedule of Income Tax

	August 31  2023			August 31  2022
	$			$
Loss before taxes		(6,712,525	)		(7,383,653	)
Expected income tax recovery		(1,427,529	)		(1,619,854	)
Non-deductible items		(831	)		(280,155	)
Change in estimates		4,271			(44,867	)
Effect of changes in foreign and long-term tax rates		-			23,625
Change in valuation allowance		1,432,305			1,921,251
Total income taxes		8,216			-

Schedule of Deferred tax assets

	August 31  2023			August 31  2022
	$			$
Non-capital losses		8,637,353			7,747,485
Marketable securities		(14,051	)		118,175
Stock based compensation		650,778			-
R&D		371,326			-
PPE and intangibles		(64,569	)		-
Total deferred tax assets		9,580,837			7,865,660
Valuation Allowance		(9,580,837	)		(7,865,660	)
Net Deferred tax assets		-			-

The Company has net operating loss carry-forwards of approximately $40 million which may be carried forward to apply against future year income tax for U.S. tax purposes.