Interest and Other Financial Costs (Tables)
3 Months Ended
Aug. 31, 2021
Sales Tax, Tax Credits and Other Receivables  
Interest and other financial costs

 

 

2021

 

 

2020

 

Interest on long-term debt

 

$22,056

 

 

$19,005

 

Accretion expense

 

 

11,046

 

 

 

9,112

 

Loss (gain) on revaluation of foreign exchange contracts

 

 

-

 

 

 

(87,022)

 

 

$33,102

 

 

$(58,905)

 

Interest and other finance costs for the six-month periods ended August 31, 2021 and 2020 are as follows:

 

 

 

2021

 

 

2020

 

Interest on long-term debt

 

$41,890

 

 

$38,732

 

Accretion expense

 

 

21,573

 

 

 

17,658

 

Loss (gain) on revaluation of foreign exchange contracts

 

 

-

 

 

 

11,481

 

Other

 

 

226

 

 

 

-

 

 

 

$63,689

 

 

$67,871