v3.26.1
Lease liabilities
 9 Months Ended
May 31, 2026
Lease liabilities  
Lease liabilities

13. Lease liabilities

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As at

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As at

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May 31,

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August 31,

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2026

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2025

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$

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$

Opening balance

 

7,005,591

 

192,566

Additions

 

3,843,602

 

87,604

Repayment

 

(1,602,071)

 

(492,496)

Interest on lease liability

 

535,308

 

41,478

Lease termination

 

(291,004)

 

(34,926)

Reclassification to accounts payable

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(574,018)

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—

Business acquisition

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—

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7,213,676

Currency translation

 

1,273

 

(2,311)

Closing balance

 

8,918,681

 

7,005,591

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Current

 

2,528,280

 

1,666,853

Non-current

 

6,390,401

 

5,338,738

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8,918,681

 

7,005,591

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Future undiscounted lease payments as at May 31, 2026 are as follows:

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$

Less than one year

 

3,167,357

One to five years

 

7,097,383

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10,264,740

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Included in rent expense for the three-month and nine-month periods ended May 31, 2026 were $328,167 and $987,555 respectively of short-term lease expense [May 31, 2025 – $108,954 and $331,360 respectively]. As at May 31, 2026, the lease liabilities have a weighted average interest rate of 8.21% [August 31, 2025 – 7.93%).