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2. Summary of Significant Accounting Policies: (g) Foreign Currency Translation (Policies)
Jun. 30, 2020
Policies  
(g) Foreign Currency Translation (g) Foreign Currency Translation

 

The Company’s functional and reporting currency is the United States dollar. Foreign currency transactions are primarily undertaken in Canadian dollars. Foreign currency transactions are translated to United States dollars in accordance with ASC 830, Foreign Currency Translation Matters, using the exchange rate prevailing at the balance sheet date.

 

Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income.