Annual reports filed by certain Canadian issuers pursuant to Section 15(d) and Rule 15d-4

Cash and cash equivalents and short-term investments (Tables)

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Cash and cash equivalents and short-term investments (Tables)
 12 Months Ended
Dec. 31, 2012
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Cash Equivalents [Table Text Block]

The Company’s cash and cash equivalents consist of the following: 

    As at     As at  
    December 31,     December 31,  
    2012     2011  
    $     $  
             
Cash on deposit at banks     261,209       595,982  
Money market funds     11,239,066       15,573,497  
                 
      11,500,275       16,169,479
Schedule of Cash, Cash Equivalents and Short-term Investments [Table Text Block]

The Company’s short-term investments consist of the following: 

    As at     As at  
    December 31,     December 31,  
    2012     2011  
    $     $  
             
Guaranteed investment certificates     6,430,161       4,925,267  
Certificates of deposit     10,218       2,002,256  
                 
      6,440,379       6,927,523