INCOME TAXES (Tables)

12 Months Ended

Nov. 30, 2021

Schedule of reconciliation of income taxes at statutory rates with the reported taxes

	2021		2020		2019
	$		$		$
Loss from continuing operations before income taxes	(12,779,371	)	(4,028,297	)	(5,672,361	)
Profit (loss) from continuing operations before income taxes	-		(2,081,088	)	(67,447	)
Loss before income taxes	(12,779,371	)	(6,109,385	)	(5,739,808	)
Expected income tax expense (recovery) at statutory rates	(3,450,000	)	(1,650,000	)	(1,550,000	)
Change in statutory, foreign tax, foreign exchange rates and other	(61,765	)	(25,000	)	(41,455	)
Permanent difference	430,000		398,000		243,000
Impact of subsidiary and investment acquisitions and disposals	1,111,000		(17,000	)	-
Share issue cost	(155,000	)	(168,000	)	-
Adjustment to prior years provision versus statutory tax returns	(108,000	)	(7,000	)	(93,000	)
Change in unrecognized deferred tax assets	2,226,000		1,469,000		1,318,000
Income tax expense (recovery)	(7,765	)	-		(123,455	)
Deferred tax expense (recovery) relating to continuing operations	(12,971	)	-		(122,201	)
Current income tax expense relating to continuing operations	5,206		-		-
Current income tax expense (recovery) relating to discontinued operations	-		-		(1,254	)

Components of deferred tax liability

	2021		2020		2019
	$		$		$
Deferred tax assets (liabilities)
Intangible assets	(763,120	)	-		(17,430	)
Capital loss	-		147,000		-
Investment in associates	-		(335,000	)	(92,000	)
Debt with accretion	-		-		(31,000	)
Non-capital losses	-		188,000		123,000
Net deferred tax liability	(763,120	)	-		(17,430	)

Schedule of unrecognized temporary tax differences

	2021	Expiry Date Range	2020	Expiry Date Range	2019	Expiry Date Range
	$		$		$
Property and equipment	7,983,000	No expiry date	2,485,000	No expiry date	2,013,000	No expiry date
Share issue costs	419,000	2022-2025	667,000	2020-2024	230,000	2020-2022
Debt with accretion	-	No expiry date	94,000	No expiry date	-	No expiry date
Derivative liability	1,277,000	No expiry date	-	No expiry date	-	No expiry date
Allowable capital losses	437,000	No expiry date	-	No expiry date	243,000	No expiry date
Non-capital losses	15,625,000	2026-2041	11,431,000	2026-2040	6,166,000	2026-2039