Quarterly report pursuant to Section 13 or 15(d)

EQUIPMENT

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EQUIPMENT
 9 Months Ended
Aug. 31, 2015
EQUIPMENT [Text Block]
3.

EQUIPMENT

Equipment is recorded at cost less accumulated depreciation. Depreciation is provided commencing in the month following acquisition using the following annual rate and method:

Computer equipment 30% declining balance method
Furniture and Fixtures 30% declining balance method
Leasehold Improvements   straight line over period of lease
Moulds 20% straight line over 5 years

    August 31, 2015     November 30, 2014  
          Accumulated           Accumulated  
    Cost     Amortization     Cost     Amortization  
     $      $      $      $  
Computer equipment   37,573     34,152     37,573     33,159  
Furniture and fixtures   18,027     15,846     18,027     15,212  
Leasehold Improvements   23,721     15,471     23,721     13,151  
Moulds   209,515     114,565     209,515     83,138  
    288,836     180,034     288,836     144,660  
                         
Net carrying amount $       108,802   $       144,176  
                         
Depreciation expense $       35,374 ( 9 months)           45,586 ( 12 months)