SHORT TERM INVESTMENTS |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short Term Investment Abstract | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SHORT TERM INVESTMENTS | SHORT TERM INVESTMENTS The Company’s short-term investments include the following as at August 31, 2022 and August 31, 2021:
GIC are made for varying periods of between three months and one year, depending on the immediate cash requirements of the Company, and earn interest of 2% to 2.6% (August 31, 2021– 0.5% to 1.5%).
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