JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)		12 Months Ended
		Aug. 31, 2020	Aug. 31, 2019
Details
SALES		$ 44,945,263	$ 45,446,362
COST OF SALES		32,472,080	35,481,931
GROSS PROFIT		12,473,183	9,964,431
OPERATING EXPENSES
Selling, general and administrative		2,502,989	2,127,296
Depreciation and amortization		217,712	191,819
Wages and employee benefits		5,894,346	4,907,766
Total operating expenses		8,615,047	7,226,881
Income from operations		3,858,136	2,737,550
OTHER ITEMS
Gain on sale of property, plant and equipment		6,600	105,366
Interest and other income		24,420	45,228
Total other items		31,020	150,594
Income before income taxes		3,889,156	2,888,144
Income taxes (note 6)
Current	[1]	1,068,883	808,341
Deferred (recovery)	[1]	35,748	(20,649)
Net income for the year		$ 2,784,525	$ 2,100,452
Basic earnings per common share		$ 0.77	$ 0.50
Diluted earnings per common share		$ 0.77	$ 0.50
Basic		3,623,413	4,233,304
Diluted		3,623,413	4,233,304

[1] IS1