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Short-term Investments
6 Months Ended
Jun. 30, 2018
Agreement Termination Period From Date Of Effective Control Change  
Short-term Investments

4. SHORT-TERM INVESTMENTS

 

Short-term investments are comprised of a highly liquid Canadian dollar denominated guaranteed investment certificate with an initial term to maturity greater than ninety days, but not more than one year, that is readily convertible to a contracted amount of cash. The counter-party is a Canadian financial institution. During the period ended June 30, 2018, the instrument was yielding an annual interest rate of 1.30% (June 30, 2017 - 0.80%).