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Income tax expense and deferred taxes (Tables) | 12 Months Ended
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Dec. 31, 2017
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Summary of Income Tax Expense (Recovery) | Total income tax expense (recovery) consists of:
|  | December 31, 2017 |  |  | December 31, 2016 |
|  | $ |  |  | $ |
Current tax expense |  |  | 39,232 |  |  |  | 47,166 |
Deferred tax expense (recovery) |  |  | (19,849) |  |  |  | 9,039 |
|  |  | 19,383 |  |  |  | 56,205 |
Summary of Income Tax Expense (Recovery) Attributable to Geographical Jurisdiction | Total income tax expense (recovery) attributable to geographical jurisdiction is as follows:
|  | 2017 |  |  | 2016 |
|  | $ |  |  | $ |
Turkey |  |  | 30,139 |  |  |  | 64,343 |
Greece |  |  | (4,598) |  |  |  | (1,355) |
Brazil |  |  | (1,087) |  |  |  | (4,385) |
Canada |  |  | 2,960 |  |  |  | (1,428) |
Romania |  |  | (8,026) |  |  |  | (1,053) |
Other jurisdictions |  |  | (5) |  |  |  | 83 |
|  |  | 19,383 |  |  |  | 56,205 |
Summary of Factors Affecting Income Tax Expense (Recovery) | Factors affecting income tax expense (recovery) for the year:
|  | 2017 |  |  | 2016 |
|  | $ |  |  | $ |
Profit from continuing operations before income tax |  |  | 792 |  |  |  | 48,698 |
Canadian statutory tax rate |  |  | 26% |  |  |  | 26% |
Tax expense on net income at Canadian statutory tax rate |  |  | 206 |  |  |  | 12,662 |
Items that cause an increase (decrease) in income tax expense: |  |  |  |  |  |  |  |
Foreign income subject to different income tax rates than Canada |  |  | (11,792) |  |  |  | (15,695) |
Non-tax effected operating losses |  |  | 9,691 |  |  |  | 19,198 |
Non-deductible expenses and other items |  |  | 10,002 |  |  |  | 10,525 |
Foreign exchange and other translation adjustments |  |  | 6,289 |  |  |  | 16,048 |
Amounts under (over) provided in prior years |  |  | (84) |  |  |  | 453 |
Investment tax credits |  |  | (226) |  |  |  | (269) |
Withholding tax on foreign income |  |  | 5,297 |  |  |  | 13,283 |
Income tax expense |  |  | 19,383 |  |  |  | 56,205 |
Summary of Change in Net Deferred Tax Position | The change for the year in the Company’s net deferred tax position was as follows:
|  | 2017 |  |  | 2016 |
Net deferred tax asset (liability) |  | $ |  |  | $ |
Balance at January 1, |  |  | (443,501) |  |  |  | (607,871) |
Deferred income tax (expense) recovery related to discontinued operations |  |  | - |  |  |  | 174,837 |
Deferred income tax liability related to Integra acquisition |  |  | (126,903) |  |  |  | - |
Deferred income tax (expense) recovery in the income statement |  |  | 19,849 |  |  |  | (9,039) |
Deferred tax recovery (expense) in other comprehensive income |  |  | 1,428 |  |  |  | (1,428) |
Net balance at December 31, |  |  | (549,127) |  |  |  | (443,501) |
Summary of Temporary Difference | The composition of the Company’s net deferred income tax asset and liability and deferred tax expense is as follows:
|  |  |  |  |  |  |  |  |  |  |  |  |  | Expense (recovery) |
Type of temporary difference |  | Deferred tax assets |  |  | Deferred tax liabilities |  |  | on the income statement |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
|  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  | $ |
Property, plant and equipment |  |  | - |  |  |  | - |  |  |  | 592,062 |  |  |  | 482,530 |  |  |  | (33,466 | ) |  |  | 11,200 |
Loss carryforwards |  |  | 31,457 |  |  |  | 15,436 |  |  |  | - |  |  |  | - |  |  |  | (4,641 | ) |  |  | (1,603 | )
Liabilities |  |  | 24,690 |  |  |  | 20,864 |  |  |  | - |  |  |  | - |  |  |  | (80 | ) |  |  | (3,496 | )
Investment tax credits |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 5,665 |
Other items |  |  | 1,997 |  |  |  | 13,995 |  |  |  | 15,208 |  |  |  | 11,266 |  |  |  | 18,338 |  |  |  | (2,727 | )
Balance at December 31, |  |  | 58,144 |  |  |  | 50,295 |  |  |  | 607,270 |  |  |  | 493,796 |  |  |  | (19,849 | ) |  |  | 9,039 |
Summary of Unrecognized Deferred Tax Assets |
Unrecognized deferred tax assets |  | 2017 |  |  | 2016 |  |  |
|  | $ |  |  | $ |  |  |
Tax losses |  |  | 167,030 |  |  |  | 164,100 |  |  |
Other deductible temporary differences |  |  | 11,253 |  |  |  | 9,968 |  |  |
Total unrecognized deferred tax assets |  |  | 178,283 |  |  |  | 174,068 |  |  |
Summary of Unrecognized Tax Losses | The gross amount of the tax losses for which a tax benefit has not been recorded expire as follows:
Expiry date |  | Canada |  |  | Brazil |  |  | Greece |  |  | Total |  |  |
|  |  |  | $ |  |  | $ |  |  | $ |  |  | $ |  |  |
2018 |  |  |  |  | - |  |  |  | - |  |  |  | 10,880 |  |  |  | 10,880 |  |  |
2019 |  |  |  |  | - |  |  |  | - |  |  |  | 28,934 |  |  |  | 28,934 |  |  |
2020 |  |  |  |  | - |  |  |  | - |  |  |  | 26,420 |  |  |  | 26,420 |  |  |
2021 |  |  |  |  | - |  |  |  | - |  |  |  | 16,058 |  |  |  | 16,058 |  |  |
2022 |  |  |  |  | - |  |  |  | - |  |  |  | 10,638 |  |  |  | 10,638 |  |  |
2025 |  |  |  |  | 7,858 |  |  |  | - |  |  |  | - |  |  |  | 7,858 |  |  |
2026 |  |  |  |  | 14,839 |  |  |  | - |  |  |  | - |  |  |  | 14,839 |  |  |
2027 |  |  |  |  | 10,703 |  |  |  | - |  |  |  | - |  |  |  | 10,703 |  |  |
2028 |  |  |  |  | 25,959 |  |  |  | - |  |  |  | - |  |  |  | 25,959 |  |  |
2029 |  |  |  |  | 23,444 |  |  |  | - |  |  |  | - |  |  |  | 23,444 |  |  |
2030 |  |  |  |  | 7,285 |  |  |  | - |  |  |  | - |  |  |  | 7,285 |  |  |
2031 |  |  |  |  | 45,351 |  |  |  | - |  |  |  | - |  |  |  | 45,351 |  |  |
2032 |  |  |  |  | 74,871 |  |  |  | - |  |  |  | - |  |  |  | 74,871 |  |  |
2033 |  |  |  |  | 64,883 |  |  |  | - |  |  |  | - |  |  |  | 64,883 |  |  |
2034 |  |  |  |  | 58,689 |  |  |  | - |  |  |  | - |  |  |  | 58,689 |  |  |
2035 |  |  |  |  | 55,266 |  |  |  | - |  |  |  | - |  |  |  | 55,266 |  |  |
2036 |  |  |  |  | 50,503 |  |  |  | - |  |  |  | - |  |  |  | 50,503 |  |  |
2037 |  |  |  |  | 43,180 |  |  |  | - |  |  |  | - |  |  |  | 43,180 |  |  |
No Expiry |  |  | - |  |  |  | 33,378 |  |  |  | - |  |  |  | 33,378 |  |  |
|  |  | 482,831 |  |  |  | 33,378 |  |  |  | 92,930 |  |  |  | 609,139 |  |  |
Capital losses with no expiry |  |  | 65,812 |  |  |  | - |  |  |  | - |  |  |  | 65,812 |  |  |
Tax effect of total losses not recognized |  |  | 134,289 |  |  |  | 5,791 |  |  |  | 26,950 |  |  |  | 167,030 |  |  |

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