Long Term Debt

12 Months Ended

Dec. 31, 2022

Long Term Debt [Abstract]

LONG TERM DEBT

15. LONG TERM DEBT

On June 28, 2018, Signifi borrowed $192,886 USD from the Business Development Bank of Canada (“BDC”) for a term of four years, payable in monthly instalments of principal and interest. The loan bore interest at the bank’s base rate + 3.2%. The loan was repaid in full in September 2021 including all capital and interest.

	December 31, 2022		December 31, 2021
Balance, beginning of year	$	-	$	108,236
Foreign exchange adjustment		-		2,076
Principal repayments		-		(110,312	)
Balance, end of year	$	-	$	-