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Notes to Consolidated Financial Statements 6. INTANGIBLE ASSETS AND GOODWILL
Intangible assets and goodwill consist of the following:
| 2007 $ |  | 2006 $ |  | | Customer lists, net of amortization of $267 [2006 - $166] | 733 |  | 834 | | Goodwill | 3,101 |  | 3,101 |  | | 3,834 |  | 3,935 |  |
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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