JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)		12 Months Ended
		Aug. 31, 2017	Aug. 31, 2016
Income statement
SALES		$ 47,701,056	$ 48,110,998
COST OF SALES		36,621,773	38,374,405
GROSS PROFIT		11,079,283	9,736,593
OPERATING EXPENSES
Selling, general and administrative		2,016,776	1,789,231
Depreciation and amortization		275,214	276,268
Wages and employee benefits		4,349,542	4,055,948
Total operating expenses		6,641,532	6,121,447
Income from operations		4,437,751	3,615,146
OTHER ITEMS
(Loss) gain on sale of property, plant and equipment		(394)	5,600
Interest and other income		27,894	15,164
Interest expense			(27)
Litigation expense	[1]		(115,990)
Total other items		27,500	(95,253)
Income before income taxes		4,465,251	3,519,893
Income taxes
Current	[2]	1,758,603	1,397,741
Deferred (recovery)		(20,009)	(2,947)
Net income for the year		$ 2,726,657	$ 2,125,099
Basic earnings per common share		$ 1.20	$ 0.87
Diluted earnings per common share		$ 1.20	$ 0.87
Weighted average number of common shares outstanding: Basic		2,272,522	2,435,650
Weighted average number of common shares outstanding: Diluted		2,272,522	2,435,650

[1] Note 12a

[2] Note 6