Notes to Consolidated Financial Statements


1.Nature of Operations
2.Summary of Significant Accounting Policies
3.Inventory
4.Capital Assets
5.Investments
6.Intangible Assets and Goodwill
7.Loan Payable
8.Consolidated Statement of Cash Flows
9.Contingencies
10.Retirement Benefit Plans
11.Commitments
12.Financial Instruments and Risk Management



6. INTANGIBLE ASSETS AND GOODWILL

Intangible assets and goodwill consist of the following:

2007
$		2006
$
Customer lists, net of amortization of $267 [2006 - $166]733834
Goodwill3,1013,101
3,8343,935

Amounts allocated to intangible assets as customer lists are amortized on a straight-line basis over 10 years, the expected period of benefit.


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