Long Term Debt
6 Months Ended
Aug. 31, 2018
Notes to Financial Statements  
Note 5. Long Term Debt
   

August 31,

2018

   

February 28,

2018

 
Instalment loan   $ 1,041,108     $ 1,088,426  
Less current portion     53,619       54,649  
Non-current portion   $ 987,489     $ 1,033,777  

 

Interest paid on the instalment loan during the three and six months ended August 31, 2018 amounted to $13,321 and $26,234, respectively (2017 – nil). As at August 31, 2018, the Company was in compliance with its financial covenants.