Just Energy (JENGQ) 40-F 22 May 19 2019 FY Annual report (Canada) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Mar. 31, 2019shares
Document Information [Line Items]
Entity Registrant Name	Just Energy Group Inc.
Entity Central Index Key	0001538789
Trading Symbol	je
Current Fiscal Year End Date	--03-31
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding (in shares)	149,595,952
Document Type	40-F
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Position - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Current assets
Cash and cash equivalents	$ 9,927	$ 48,861
Restricted cash	4,048	3,515
Trade and other receivables	783,780	658,844
Gas in storage	2,943	2,342
Fair value of derivative financial assets	144,512	218,769
Income taxes recoverable	18,973	5,617
Other current assets	169,240	112,214
	1,133,423	1,050,162
Non-current assets
Investments	36,897	36,314
Property and equipment, net	25,862	18,893
Intangible assets, net	472,656	401,926
Fair value of derivative financial assets	9,255	64,662
Deferred income tax assets	9,492	9,449
Other non-current assets	49,512	19,987
	603,674	551,231
ASSETS CLASSIFIED AS HELD FOR SALE	8,971
	612,645	551,231
TOTAL ASSETS	1,746,068	1,601,393
Current liabilities
Trade and other payables	714,110	590,018
Deferred revenue	43,228	38,710
Income taxes payable	11,895	5,486
Fair value of derivative financial liabilities	79,387	86,288
Provisions	7,205	4,714
Current portion of long-term debt	37,429	121,451
	893,254	846,667
Non-current liabilities
Long-term debt	687,943	422,053
Fair value of derivative financial liabilities	63,658	51,871
Deferred income tax liabilities	4,124	6,918
Other non-current liabilities	61,339	57,349
	817,064	538,191
Liabilities relating to assets classified as held for sale	5,200
	822,264	538,191
TOTAL LIABILITIES	1,715,518	1,384,858
SHAREHOLDERS' EQUITY
Shareholders’ capital	1,235,503	1,215,826
Equity component of convertible debentures	13,029	13,029
Contributed deficit	(25,540)	(22,693)
Accumulated deficit	(1,271,136)	(1,081,139)
Accumulated other comprehensive income	79,093	91,934
Non-controlling interest	(399)	(422)
TOTAL SHAREHOLDERS' EQUITY	30,550	216,535
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,746,068	$ 1,601,393

Consolidated Statements of Inco

Consolidated Statements of Income (Loss) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Sales	$ 3,812,470	$ 3,623,558
Cost of sales	3,100,255	2,983,047
GROSS MARGIN	712,215	640,511
EXPENSES
Administrative	206,820	187,250
Selling and marketing	232,030	232,228
Other operating expenses	115,016	95,304
Total restructuring costs	16,078
Operating expense excluding cost of sales	569,944	514,782
Operating profit before the following	142,271	125,729
Finance costs	(88,072)	(55,972)
Change in fair value of derivative instruments and other	(153,226)	474,393
Other income, net	1,365	1,040
Profit (loss) before income taxes	(97,662)	545,190
Provision for income taxes	2,829	20,671
PROFIT (LOSS) FROM CONTINUING OPERATIONS	(100,491)	524,519
Loss from discontinued operations	(22,379)	(5,945)
PROFIT (LOSS) FOR THE YEAR	(122,870)	518,574
Attributable to:
Shareholders of Just Energy	(122,678)	509,276
Non-controlling interest	(192)	9,298
PROFIT (LOSS) FOR THE YEAR	$ (122,870)	$ 518,574
Earnings (loss) per share from continuing operations
Basic (in CAD per share)	$ (0.73)	$ 3.45
Diluted (in CAD per share)	(0.73)	2.65
Basic (in CAD per share)	(0.15)	(0.03)
Diluted (in CAD per share)	(0.15)	(0.03)
Basic earnings (loss) per share available to shareholders (in CAD per share)	(0.88)	3.42
Diluted earnings (loss) per share available to shareholders (in CAD per share)	$ (0.88)	$ 2.62

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
PROFIT (LOSS) FOR THE YEAR	$ (122,870)	$ 518,574
Other comprehensive income to be reclassified to profit or loss in subsequent years:
Unrealized gain on revaluation of investment, net of tax		17,863
Other comprehensive income that will be reclassified to profit or loss, net of tax	5,022	21,573
TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE YEAR, NET OF TAX	(117,848)	540,147
Total comprehensive income (loss) attributable to:
Shareholders of Just Energy	(117,656)	530,849
Non-controlling interest	(192)	9,298
TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE YEAR, NET OF TAX	(117,848)	540,147
Continuing operations [member]
Other comprehensive income to be reclassified to profit or loss in subsequent years:
Unrealized gain on translation of foreign operations	4,217	2,843
Discontinued operations [member]
Other comprehensive income to be reclassified to profit or loss in subsequent years:
Unrealized gain on translation of foreign operations	$ 805	$ 867

Consolidated Statements of Chan

Consolidated Statements of Changes In Shareholders' Equity (Deficiency) - CAD ($) $ in Thousands	Retained earnings attributable to accumulated earnings (losses) [member]	Retained earnings, portion attributable to dividends [member]	Retained earnings [member]	Accumulated other comprehensive income [member]	Issued capital [member]Ordinary shares [member]	Issued capital [member]Preference shares [member]	Issued capital [member]	Reserve of equity component of convertible instruments [member]	Share premium [member]	Non-controlling interests [member]	Ordinary shares [member]	Preference shares [member]	Total
Balance, beginning of year at Mar. 31, 2017	$ 259,571	$ (1,749,471)		$ 70,361	$ 1,070,076	$ 128,363		$ 13,508	$ 58,266		$ 1,070,076	$ 128,363
Statement Line Items [Line Items]
Adjustment for revision	(14,208)
Adjustment for adoption of recent accounting pronouncements
PROFIT (LOSS) FOR THE YEAR	509,276									9,298			$ 518,574
Dividends and distributions declared and paid		(86,307)
Other comprehensive income				21,573
Share-based units exercised					11,954				(11,954)		11,954
Acquisition of businesses					8,966						8,966
Repurchase and cancellation of shares					(11,941)						(11,941)
Shares issued						9,260						9,260
Shares issuance costs						(852)						(852)
Add: Issuance of convertible debentures								7,130
Less: Redemption of convertible debentures								(7,609)	7,126				22,407
Add: Share-based compensation expense									18,353
Non-cash deferred share grant distributions									45
Less: Purchase of non-controlling interest									(89,010)
Share-based compensation adjustment									(5,519)
Distributions to non-controlling shareholders										(9,603)
Foreign exchange impact on non-controlling interest										(117)
Balance, end of year at Mar. 31, 2018	754,639	(1,835,778)	$ (1,081,139)	91,934	1,079,055	136,771	$ 1,215,826	13,029	(22,693)	(422)	1,079,055	136,771	216,535
Statement Line Items [Line Items]
Adjustment for adoption of recent accounting pronouncements	20,711			(17,863)
PROFIT (LOSS) FOR THE YEAR	(122,678)									(192)			(122,870)
Dividends and distributions declared and paid		(88,030)
Other comprehensive income				5,022
Share-based units exercised					9,483				(9,483)		9,483
Acquisition of businesses
Repurchase and cancellation of shares
Shares issued						10,447						10,447
Shares issuance costs						(253)						(253)
Add: Issuance of convertible debentures
Less: Redemption of convertible debentures
Add: Share-based compensation expense									6,133
Non-cash deferred share grant distributions									72
Less: Purchase of non-controlling interest									1,462
Share-based compensation adjustment									(1,031)
Distributions to non-controlling shareholders
Foreign exchange impact on non-controlling interest										215
Balance, end of year at Mar. 31, 2019	$ 652,672	$ (1,923,808)	$ (1,271,136)	$ 79,093	$ 1,088,538	$ 146,965	$ 1,235,503	$ 13,029	$ (25,540)	$ (399)	$ 1,088,538	$ 146,965	$ 30,550

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - CAD ($)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
OPERATING
Profit (loss) from continuing operations before income taxes	$ (97,662,000)	$ 545,190,000
Loss from discontinued operations before income taxes	(22,375,000)	(5,942,000)
Profit (loss) before income taxes	(120,037,000)	539,248,000
Items not affecting cash
Amortization of intangible assets	22,655,000	16,547,000
Depreciation of property and equipment	4,771,000	4,073,000
Amortization included in cost of sales	2,666,000	3,116,000
Share-based compensation	6,133,000	18,353,000
Financing charges, non-cash portion	18,223,000	14,547,000
Other	(110,000)	(369,000)
Change in fair value of investments		1,289,000
Change in fair value of derivative instruments and other	153,226,000	(474,393,000)
Adjustment required to reflect net cash receipts from gas sales	4,186,000	(2,876,000)
Net change in working capital balances	(124,138,000)	(36,425,000)
Adjustment for non-cash discontinued operations	405,000	231,000
Income taxes paid	(12,435,000)	(21,319,000)
Cash inflow (outflow) from operating activities	(44,455,000)	62,022,000
INVESTING
Purchase of property and equipment	(5,159,000)	(4,838,000)
Purchase of intangible assets	(38,383,000)	(30,938,000)
Acquisition of businesses	(4,281,000)	(10,832,000)
Short-term investments		25,532,000
Cash outflow from investing activities	(47,823,000)	(21,076,000)
FINANCING
Dividends paid	(87,959,000)	(86,261,000)
Repayment of long-term debt	(173,366,000)	(100,000,000)
Issuance of long-term debt	253,242,000	100,000,000
Share swap payout	(10,000,000)
Debt issuance costs	(18,132,000)	(4,115,000)
Credit facilities withdrawal	79,462,000	53,857,000
Issuance of preferred shares	10,447,000	9,260,000
Preferred shares issuance costs	(352,000)	(2,114,000)
Shares repurchase		(11,941,000)
Distributions to non-controlling interest		(9,603,000)
Cash inflow (outflow) from financing activities	53,342,000	(50,917,000)
Effect of foreign currency translation on cash balances	2,000	1,456,000
Net cash outflow	(38,934,000)	(8,515,000)
Cash and cash equivalents, beginning of year	48,861,000	57,376,000
Cash and cash equivalents, end of year	9,927,000	48,861,000
Supplemental cash flow information:
Interest paid	$ 52,836,000	$ 38,551,000

Note 1 - Organization

Note 1 - Organization	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of general information about financial statements [text block]	1. ORGANIZATION Just Energy Group Inc. (“JEGI”, “Just Energy” or the “Company”) is a corporation established under the laws of Canada to hold securities and to distribute the income of its directly or indirectly owned operating subsidiaries and affiliates. The registered office of Just Energy is First Canadian Place, 100 May 15, 2019.

Note 2 - Operations

Note 2 - Operations	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Nature of operations [text block]	2. OPERATIONS Just Energy is a leading consumer company focused on essential needs, including electricity and natural gas commodities; on health and well-being, through products such as water quality and filtration devices; and on utility conservation, bringing energy efficient solutions and renewable energy options to consumers. Currently operating in the United States (“U.S.”), Canada and the United Kingdom (“U.K.”), Just Energy serves residential and commercial customers. Just Energy is the parent company of Amigo Energy, EdgePower Inc., Filter Group Inc., Green Star Energy, Hudson Energy, Interactive Energy Group, Just Energy Advanced Solutions, Tara Energy and TerraPass. Just Energy’s current commodity product offerings include fixed, variable, index and flat rate options. By fixing the price of natural gas or electricity under its fixed-price or price-protected program contracts for a period of up to five Through the Filter Group business acquired by Just Energy on October 1, 2018, 8% not Just Energy markets its product offerings through several sales channels including brokers, online marketing, retail and affinity relationships, and door-to-door. In March 2019, 12 March 31, 2019,

Note 3 - Financial Statement Pr

Note 3 - Financial Statement Preparation	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of basis of preparation of financial statements [text block]	3. BASIS OF PRESENTATION (a) Compliance with IFRS The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). The policies applied in these consolidated financial statements were based on IFRS issued and outstanding as at March 31, 2019. The consolidated financial statements are presented in Canadian dollars, the functional currency of Just Energy, and all values are rounded to the nearest thousand, except where indicated. The Company’s consolidated financial statements are prepared on the historical cost basis of accounting, except as disclosed in the accounting policies set out below. (b) Principles of consolidation The consolidated financial statements include the accounts of Just Energy and its directly or indirectly owned subsidiaries as at March 31, 2019. (c) Comparative consolidated financial statements Certain figures in the comparative consolidated financial statements have been reclassified from statements previously presented to conform to the presentation of the current year’s consolidated financial statements. This includes consolidating the unbilled revenues with trade receivables and separating out the discontinued operations’ results from prior fiscal years. The changes were made to consolidate line items that are alike in nature and for comparability of results.

Note 4 - Significant Accounting

Note 4 - Significant Accounting Policies	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of significant accounting policies [text block]	4. SIGNIFICANT ACCOUNTING POLICIES Cash and cash equivalents and restricted cash All highly liquid temporary cash investments with an original maturity of three Restricted cash includes cash and cash equivalents, where the availability of funds is restricted by debt arrangements or held in escrow as part of prior acquisition agreements. Accrued gas receivable/accrued gas payable or gas delivered in excess of consumption/deferred revenue Accrued gas receivable from Just Energy’s customers is stated at fair value and results from customers consuming more gas than has been delivered by Just Energy to local distribution companies (“LDCs”). Accrued gas payable represents Just Energy’s obligation to the LDCs for the customers’ excess consumption, over what was delivered to the LDCs. Gas delivered to LDCs in excess of consumption by customers is stated at the lower of cost and net realizable value. Collections from customers in advance of their consumption of gas result in deferred revenue. Assuming normal weather and consumption patterns, during the winter months, customers will have consumed more than was delivered, resulting in the recognition of accrued gas receivable/accrued gas payable. In the summer months, customers will have consumed less than what was delivered, resulting in the recognition of gas delivered in excess of consumption/deferred revenue. These adjustments are applicable solely to the Ontario, Manitoba, Quebec, Saskatchewan and Michigan gas markets. Gas in storage Gas in storage represents the gas delivered to the LDCs in Illinois, Indiana, New York, Ohio, Georgia, Maryland, California and Alberta. The balance will fluctuate as gas is injected into or withdrawn from storage. Gas in storage is valued at the lower of cost and net realizable value, with cost being determined on a weighted average basis. Net realizable value is the estimated selling price in the ordinary course of business. Property and equipment (“P&E”) Property and equipment are stated at cost, net of any accumulated depreciation and impairment losses. Cost includes the purchase price and, where relevant, any costs directly attributable to bringing the asset to the location and condition necessary and/or the present value of all dismantling and removal costs. Where major components of property and equipment have different useful lives, the components are recognized and depreciated separately. Just Energy recognizes, in the carrying amount, the cost of replacing part of an item when the cost is incurred and if it is probable that the future economic benefits embodied in the item can be reliably measured. When significant parts of property and equipment are required to be replaced at intervals, Just Energy recognizes such parts as individual assets with specific useful lives and depreciates them accordingly. Likewise, when a major inspection is performed, its cost is recognized in the carrying amount of the equipment as a replacement if the recognition criteria are satisfied. All other repair and maintenance costs are recognized in the consolidated statements of income (loss) as a general and administrative expense when incurred. Depreciation is provided over the estimated useful lives of the assets as follows: Asset category Depreciation method Rate/useful life Furniture and fixtures Declining balance 20% Office equipment Declining balance 20% Computer equipment Declining balance 30% Leasehold improvements Straight-line Term of lease Thermostats Straight-line 5 years Installed assets (water filtration) Straight-line 4-7 years An item of property and equipment and any significant part initially recognized is derecognized upon disposal or when no The useful lives and methods of depreciation are reviewed at each financial year-end and adjusted prospectively, if appropriate. Business combinations All identifiable assets acquired and liabilities assumed are measured at the acquisition date at fair value. The Company records all identifiable intangible assets including identifiable assets that had not one may not Goodwill Goodwill is initially measured at cost, which is the excess of the cost of the business combination over Just Energy’s share in the net fair value of the acquiree’s identifiable assets, liabilities and contingent liabilities. Any negative difference is recognized directly in the consolidated statements of income (loss). After initial recognition, goodwill is measured at cost, less impairment losses. For the purpose of impairment testing, goodwill is allocated to each of Just Energy’s operating segments that are expected to benefit from the synergies of the combination, irrespective of whether other assets and liabilities of the acquiree are assigned to those segments. Intangible assets Intangible assets acquired outside of a business combination are measured at cost on initial recognition. Intangible assets acquired in a business combination are recorded at fair value on the date of acquisition. Following initial recognition, intangible assets are carried at cost less any accumulated amortization and/or accumulated impairment losses. Intangible assets with finite useful lives are amortized over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may Internally generated intangible assets are capitalized when the product or process is technically and commercially feasible, the future economic benefit is measurable, Just Energy can demonstrate how the asset will generate future economic benefits and Just Energy has sufficient resources to complete development. The cost of an internally generated intangible asset comprises all directly attributable costs necessary to create, produce and prepare the asset to be capable of operating in the manner intended by management. The goodwill and certain brands are considered to have indefinite lives and are not Gains or losses arising from disposal of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset, and are recognized in the consolidated statements of income (loss) when the asset is derecognized. Intangible asset category Amortization method Rate/useful life Customer contracts Straight-line Term of contract Contract relationships Straight-line Term of contract Commodity billing and settlement system Straight-line 5 years Sales network and affinity relationships Straight-line 5-8 years Information technology system development Straight-line 3-5 years Software Straight-line 1 year Technology Straight-line 15 years Brand (Filter Group) Straight-line 10 years Impairment of non-financial assets Just Energy assesses whether there is an indication that an asset may not An impairment loss is recognized if an asset's carrying amount or that of the CGU to which it is allocated is higher than its recoverable amount. Impairment losses of CGUs are first In the consolidated statements of income (loss), an impairment loss is recognized in the expense category associated with the function of the impaired asset. For assets excluding goodwill, an assessment is made at each reporting date as to whether there is any indication that previously recognized impairment losses may no may not no Goodwill is tested for impairment annually and when circumstances indicate that the carrying value may Leases A lease is an arrangement whereby the lessor conveys to the lessee, in return for a payment or series of payments, the right to use an asset for an agreed period of time. Where Just Energy determines that the contractual provisions of a contract contain, or are, a lease and result in the customer assuming the principal risks and rewards of ownership of the asset, the arrangement is a finance lease. Assets subject to finance leases are not IFRS 15, Revenue from Contracts with Customers 15” The determination of whether an arrangement is or contains a lease is based on the substance of the arrangement at the inception date and whether fulfillment of the arrangement is dependent on the use of a specific asset or assets, or the arrangement conveys a right to use the asset. Just Energy as a lessee Operating lease payments are recognized as an expense in the consolidated statements of income (loss) on a straight-line basis over the lease term. Just Energy as a lessor Leases where Just Energy does not Just Energy considers itself to be a dealer lessor with respect to its lease arrangements for thermostats as it has given the customer the choice of either buying or leasing the thermostat. A finance lease of an asset by a dealer lessor gives rise to profit or loss equivalent to that resulting from an outright sale of the underlying asset, at normal selling prices. Just Energy recognizes revenue based on the fair value of the thermostat at the time of completed installation of the thermostat, at which point in time Just Energy has transferred control of the thermostat to the customer. Just Energy also recognizes the cost of sale on the thermostat through cost of goods sold. Financial instruments For comparability purposes, the accounting policies below discuss the previous financial instruments treatment under IAS 39, 39” 39 2018. 2019, 9, Financial Instruments 9” 7, Financial assets and liabilities Just Energy classifies its financial assets as either (i) financial assets at fair value through profit or loss, (ii) loans and receivables, (iii) other financial assets, or (iv) available for sale, and its financial liabilities as either (i) financial liabilities at fair value through profit or loss or (ii) other financial liabilities. Appropriate classification of financial assets and liabilities is determined at the time of initial recognition or when reclassified in the consolidated statements of financial position. Financial instruments are recognized on the trade date, which is the date on which Just Energy commits to purchase or sell the asset. Financial assets at fair value through profit or loss Financial assets at fair value through profit or loss include financial assets held for trading and financial assets designated upon initial recognition as at fair value through profit or loss. Financial assets are classified as fair value through profit or loss if they are acquired for the purpose of selling or repurchasing in the near term. This category includes derivative financial instruments entered into that are not 39. not An analysis of fair values of financial instruments and further details as to how they are measured are provided in Note 14. Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not Financial assets classified as available for sale Available for sale financial assets are held at fair value with gains and losses included in other comprehensive income. Just Energy uses this classification for assets that are not not Derecognition A financial asset is derecognized when the rights to receive cash flows from the asset have expired or when Just Energy has transferred its rights to receive cash flows from the asset. Impairment of financial assets Just Energy assesses whether there is objective evidence that a financial asset is impaired at each reporting date. A financial asset is deemed to be impaired if there is objective evidence of impairment as a result of one For significant individual financial assets carried at amortized cost, Just Energy assesses if impairment significantly exists. Insignificant financial assets are assessed collectively. If Just Energy determines that no not If there is objective evidence that an impairment loss has occurred, the amount of the loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows. The present value of the estimated future cash flows is discounted at the financial asset’s original effective interest rate. The carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is recognized in profit or loss. Interest income continues to be accrued on the reduced carrying amount and is accrued using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss. The interest income is recorded as part of other income in the consolidated statements of income (loss). Loans and receivables, together with the associated allowance, are written off when there is no Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss. Financial liabilities are classified as held for trading if they are acquired for the purpose of selling in the near term. This category includes derivative financial instruments entered into by Just Energy that are not 39. not Gains or losses on liabilities held for trading are recognized in the consolidated statements of income (loss). Other financial liabilities Other financial liabilities are measured at amortized cost using the effective interest rate method. Financial liabilities include long-term debt issued and are initially measured at fair value. Fair value is the consideration received, net of transaction costs incurred, trade and other payables and bank indebtedness. Transaction costs related to the long-term debt instruments are included in the value of the instruments and amortized using the effective interest rate method. The effective interest expense is included in finance costs in the consolidated statements of income (loss). Derecognition A financial liability is derecognized when the obligation under the liability is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability, and the difference in the respective carrying amounts is recognized in the consolidated statements of income (loss). Derivative instruments Just Energy enters into fixed-term contracts with customers to provide electricity and gas at fixed prices. These customer contracts expose Just Energy to changes in consumption as well as changes in the market prices of gas and electricity. To reduce its exposure to movements in commodity prices, Just Energy enters into contracts with suppliers that expose the Company to changes in prices for the purchase and sale of power and natural gas. These contracts are treated as derivatives as they do not 32, Financial Instruments: Presentation 32” Just Energy analyzes all its contracts, of both a financial and non-financial nature, to identify the existence of any “embedded” derivatives. Embedded derivatives are accounted for separately from the underlying contract at the inception date when their economic characteristics are not not All derivatives are recognized at fair value on the date on which the derivative is entered into and are remeasured to fair value at each reporting date. Derivatives are carried in the consolidated statements of financial position as other financial assets when the fair value is positive and as other financial liabilities when the fair value is negative. Just Energy does not Offsetting of financial instruments Financial assets and financial liabilities are offset and the net amount reported in the consolidated statements of financial position if, and only if, there is currently an enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the assets and settle the liabilities simultaneously. Fair value of financial instruments Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). The fair value of financial instruments that are traded in active markets at each reporting date is determined by reference to quoted market prices, without any deduction for transaction costs. For financial instruments not may 14. Revenue recognition For comparability purposes, the accounting policy below discusses the previous revenue recognition treatment under IAS 18, 18” 2018 18. 2019, 15 7, Revenue is recognized when significant risks and rewards of ownership are transferred to the customer. In the case of gas and electricity, transfer of risks and rewards is upon consumption of the commodity. Just Energy recognizes revenue from thermostat leases, based on rental rates over the term commencing from the installation date. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates and sales taxes. The Company assumes credit risk for all customers in Alberta, Texas, Illinois, California, Michigan, Delaware, Ohio, Georgia and the U.K. On all value-added products sold on the market, Just Energy also assumes the credit risk. In these markets, the Company ensures that credit review processes are in place prior to the commodity flowing to the customer. Foreign currency translation Functional and presentation currency Items included in the consolidated financial statements of each of the Company’s entities are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). For U.S.-based subsidiaries, this is U.S. dollars (“USD”), for subsidiaries based in the U.K. it is British pounds, and for subsidiaries based in Germany and Ireland it is euros. The consolidated financial statements are presented in Canadian dollars, which is the parent Company’s presentation and functional currency. Transactions Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the consolidated statements of income (loss). Translation of foreign operations The results and consolidated financial position of all the group entities that have a functional currency different from the presentation currency are translated into the presentation currency as follows: · assets and liabilities for each consolidated statement of financial position presented are translated at the closing rate as at the date of that consolidated statement of financial position; and · income and expenses for each consolidated statement of income (loss) are translated at the exchange rates prevailing at the dates of the transactions. On consolidation, exchange differences arising from the translation of the net investment in foreign operations are recorded in other comprehensive income (“OCI”). When a foreign operation is partially disposed of or sold, exchange differences that were recorded in accumulated other comprehensive income are recognized in the consolidated statements of income (loss) as part of the gain or loss on sale. Goodwill and fair value adjustments arising on the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and translated at the closing rate. Earnings (loss) per share amounts The computation of earnings (loss) per share is based on the weighted average number of shares outstanding during the year. Diluted earnings (loss) per share are computed in a similar way to basic earnings (loss) per share except that the weighted average number of shares outstanding is increased to include additional shares assuming the exercise of stock options, restricted share grants (“RSGs”), performance bonus incentive grants (“PBGs”), deferred share grants (“DSGs”) and convertible debentures, if dilutive. Share-based compensation plans Equity-based compensation liability Share-based compensation plans are equity-settled transactions. The cost of share-based compensation is measured by reference to the fair value at the date on which it was granted. Awards are valued at the grant date and are not When options, RSGs, PBGs and DSGs are exercised or exchanged, the amounts previously credited to contributed deficit are reversed and credited to shareholders' capital. Employee future benefits In Canada, Just Energy offers a long-term wealth accumulation plan (the "Canadian Plan") for all permanent full-time and permanent part-time employees (working more than 26 two 2% 2% one one For U.S. employees, Just Energy has established a long-term savings plan (the "U.S. Plan") for all permanent full-time and part-time employees (working more than 30 two 401 3% one one 401 4% one one 401 5% 3% 2% 401 Participation in the plans in Canada or the U.S. is voluntary. For the 401 two six Obligations for contributions to the Canadian and U.S. Plans are recognized as an expense in the consolidated statements of income (loss) when the employee makes a contribution. Income taxes Current income tax assets and liabilities for the current and prior periods are measured at the amount expected to be recovered from, or paid to, the taxation authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted at the reporting date in the countries where Just Energy operates and generates taxable income. Current income taxes relating to items recognized directly in OCI or equity are recognized in OCI or equity and not Just Energy follows the liability method of accounting for deferred income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to the temporary differences between the carrying value of the assets and liabilities in the consolidated financial statements and their respective tax bases. Deferred income tax liabilities are recognized for all taxable temporary differences except: · where the deferred income tax liability arises from the initial recognition of goodwill or of an asset or liability in a transaction that is not · in respect of taxable temporary differences associated with investments in subsidiaries, where the timing of the reversal of the temporary differences can be controlled by the parent and it is probable that the temporary differences will not Deferred income tax assets are recognized for all deductible temporary differences, the carryforward of unused tax credits and any unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, and the carryforward of unused tax credits and unused tax losses, can be utilized except: · where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in a transaction that is not · in respect of deductible temporary differences associated with investments in subsidiaries, deferred income tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred income tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no Deferred income tax assets and liabilities are measured at the tax rates that are expected to apply to the year when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred income taxes relating to items recognized in cumulative translation adjustment or equity is recognized in cumulative translation adjustment or equity and not Deferred income tax assets and deferred income tax liabilities are offset, if a legally enforceable right exists to set off current income tax assets against current income tax liabilities and the deferred income taxes relate to the same taxable entity and the same taxation authority. Provisions and restructuring Provisions are recognized when Just Energy has a present obligation, legal or constructive, as a result of a past event and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Where Just Energy expects some or all provisions to be reimbursed, the reimbursement is recognized as a separate asset but only when the reimbursement is virtually certain. The expense relating to any provision is presented in the consolidated statements of income (loss), net of any reimbursement. If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, where appropriate, the risks specific to the liability. Restructuring provisions comprise activities including termination or relocation of a business, management structural reorganization and employee-related costs. Incremental costs directly associated with the restructuring are included in the restructuring provision. Costs associated with ongoing activities, including training or relocating continuing staff, are excluded from the provision. Measurement of the provision is at the best estimate of the anticipated costs to be incurred. Where discounting is used, the increase in the provision due to the passage of time is recognized as a finance cost in the consolidated statements of income (loss). Selling and marketing expenses Commissions and various other costs related to obtaining and renewing customer contracts are charged to income in the period incurred except as disclosed below: Commissions related to obtaining and renewing Commercial customer contracts are paid in one Just Energy recognizes the incremental acquisition costs of obtaining a customer contract as an asset as these costs would not not one Green provision and certificates Just Energy is a retailer of green energy and records a provision to its regulators as green energy sales are recognized. A corresponding cost is included in cost of sales. Just Energy measures its provision based on the extent of green certificates that it holds or has committed to purchase and has recorded this obligation net of its green certificates. Any provision balance in excess of the green certificates held or that Just Energy has committed to purchase is measured at fair value. Green certificates are purchased by Just Energy to settle its obligation with the regulators. Any green energy-related derivatives are forward contracts and are recognized in accordance with the accounting policy discussed under financial instruments above. Non-current assets held for sale and discontinued operations Just Energy classifies non-current assets and disposal groups as held for sale if their carrying amounts will be recovered principally through a sale transaction rather than through continuing use. Non-current assets and disposal groups classified as held for sale are measured at the lower of their carrying amount and fair value less costs to sell. The criteria for the held for sale classification is regarded as met only when the sale is highly probable, and the asset or disposal group is available for immediate sale in its present condition. Management must be committed to the sale, which should be expected to qualify for recognition as a completed sale within one not

Note 5 - Revision of Prior Peri

Note 5 - Revision of Prior Period Financial Statement	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of changes in accounting policies, accounting estimates and errors [text block]	5. REVISION OF PRIOR PERIOD FINANCIAL STATEMENT During the fourth March 31, 2019, March 31, 2017 In accordance with accounting guidance in IAS 8, No. 99, No. 108, not not 2018 2019. The errors occurred before the earliest period presented in the financial statements, and as a result the net effect on opening balances of assets, liabilities and equity of $14.2 March 31, 2018. As previously reported Adjustment As revised Trade and other receivables $ 664,528 $ (5,684 ) $ 658,844 Gas in storage 11,812 (9,470 ) 2,342 Other current assets 109,697 2,517 112,214 Trade and other payables (583,655 ) (6,363 ) (590,018 ) Deferred revenue (41,684 ) 2,974 (38,710 ) Income tax payable (7,304 ) 1,818 (5,486 ) Deficit $ (1,066,931 ) $ (14,208 ) $ (1,081,139 )

Note 6 - Significant Accounting

Note 6 - Significant Accounting Judgments, Estimates and Assumptions	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of accounting judgements and estimates [text block]	6. SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS The preparation of the consolidated financial statements requires the use of estimates and assumptions to be made in applying the accounting policies that affect the reported amounts of assets, liabilities, income and expenses. The estimates and related assumptions are based on previous experience and other factors considered reasonable under the circumstances, the results of which form the basis for making the assumptions about carrying values of assets and liabilities that are not The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised. Judgments made by management in the application of IFRS that have a significant impact on the consolidated financial statements relate to the following: Allowance for doubtful accounts The measurement of the expected credit loss allowance for accounts receivable requires the use of management judgment in estimation techniques, building models, selecting key inputs and making significant assumptions about future economic conditions and credit behaviour of the customers, including the likelihood of customers defaulting and the resulting losses. At each reporting period, Just Energy is required to evaluate the change in credit quality since initial recognition, which also requires significant judgment. Business combinations In accounting for business combinations, judgment is required in estimating the acquisition date fair values of the identifiable assets acquired (including intangible assets) and liabilities assumed (including contingent liabilities). The necessary measurements are based on information available on the acquisition date and expectations and assumptions that have been deemed reasonable by management. During the measurement period (which is within one Deferred income taxes Significant management judgment is required to determine the amount of deferred income tax assets and liabilities that can be recognized, based upon the likely timing and the level of future taxable income realized, including the usage of tax-planning strategies. Determining the tax treatment on certain transactions also involves management’s judgment. Discontinued operations Management used judgment in concluding on the discontinued operations classification as a major separate geographical area of operations, as part of a single coordinated disposal plan to resell the business in the new fiscal year. There is also a high level of judgment involved in estimating the fair value less cost to sell of the disposal group and the significant carrying amounts of the assets and liabilities related to assets held for sale. Refer to Note 18 Fair value of financial instruments Where the fair values of financial assets and financial liabilities recorded in the consolidated statements of financial position cannot be derived from active markets, they are determined using valuation techniques including discounted cash flow models or transacted/quoted prices of identical assets that are not not 14 Impairment of non-financial assets Just Energy’s impairment test is based on the fair value less cost to sell calculation and uses an EBITDA multiple approach model. Management is required to exercise judgment in identifying the CGUs in which to allocate goodwill, working capital and related assets and liabilities. The EBITDA is derived from actual figures and the EBITDA-multiple is sourced from external sources of information, including analyst reports and competitor benchmarks. Judgment is further applied to determine which transactions or companies are considered comparable for use. Refer to Note 26

Note 7 - Accounting Policies an

Note 7 - Accounting Policies and New Standards Adopted	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of initial application of standards or interpretations [text block]	7. ACCOUNTING POLICIES AND NEW STANDARDS ADOPTED IFRS 15 Just Energy has adopted IFRS 15, July 2014, January 1, 2018. April 1, 2018 15, not 15 C5 April 1, 2018. IFRS 15 18, five 15, Accounting policies The following accounting policies are applicable to the accounting for all revenue arising from contracts with customers, unless those contracts are in the scope of other standards in the quarter ended April 1, 2018 Gas and electricity Sales Just Energy historically recognized revenue based on consumption of the commodity by the customer. Often-times, the billing cycles for customers do not not 15. 9. Upon the adoption of IFRS 15, no Expenses Historically, North American residential sales commissions and incentives paid to brokers, employees or third Upon the adoption of IFRS 15, third two five one Impact on consolidated financial statements The cumulative effect of changes made to the April 1, 2018 15 $7,493: Original IAS 18 Carrying amount New IFRS 15 Current assets Customer acquisition costs $ 31,852 $ 43,152 Non-current financial assets Customer acquisition costs $ 17,101 $ 34,162 The following table shows the effect of IFRS 15 March 31, 2019: As at March 31, Balances Effect of Current assets Customer acquisition costs $ 75,707 $ 31,865 $ 43,842 Non-current financial assets Customer acquisition costs $ 46,416 $ 17,830 $ 28,586 The following table shows the movement of customer acquisition costs after the implementation of IFRS 15: Current assets Non-current assets Opening balance $ 41,704 $ 34,106 Capitalization 98,483 39,552 Amortization (64,480 ) (27,242 ) Closing balance $ 75,707 $ 46,416 The following table shows the effect of the adoption of IFRS 15 March 31, 2019: For the Balances Effect of Sales $ 3,812,470 $ 3,812,470 $ - Cost of sales 3,100,255 3,100,255 - Gross margin 712,215 712,215 - Expenses Administrative 206,820 206,820 - Selling and marketing 232,030 264,558 (32,528 ) Other operating expenses 115,016 115,016 - Restructuring costs 16,078 16,078 - 569,944 602,472 (32,528 ) Operating profit before the following 142,271 109,743 32,528 Finance costs (88,072 ) (88,072 ) - Change in fair value of derivative instruments and other (153,226 ) (153,226 ) - Other income -net 1,365 1,365 - Loss before income taxes (97,662 ) (130,190 ) 32,528 Provision for income taxes 2,829 2,829 - Profit (loss) from continuing operations (100,491 ) (133,019 ) 32,528 Loss from discontinued operations (22,379 ) (22,379 ) - Loss for the period $ (122,870 ) $ (155,398 ) $ 32,528 Attributable to: Shareholders of Just Energy $ (122,678 ) $ (155,206 ) $ 32,528 Non-controlling interest (192 ) (192 ) - Loss for the period $ (122,870 ) $ (155,398 ) $ 32,528 Loss per share available to shareholders Basic $ (0.73 ) $ (1.26 ) $ 0.53 Diluted $ (0.73 ) $ (1.26 ) $ 0.53 IFRS 15 not 24. The majority of Just Energy’s customer contracts meet IFRS 15’s B16 no 15 not B16 one The aggregate of contractual amounts allocated to performance obligations related to flat-bill contracts that are unsatisfied as at March 31, 2019 $75,636. Just Energy expects to recognize revenue on these flat-bill contracts in the amounts of: April 1, 2019 to April 1, 2020 to April 1, 2021 to Years Total Gas and electricity flat-bill contracts $ 29,122 $ 22,564 $ 12,998 $ 10,952 $ 75,636 IFRS 9 Just Energy has adopted IFRS 9 July 2014, April 1, 2018. April 1, 2018 9, not 9 April 1, 2018. IFRS 9 39 9 7, Financial Instruments: Disclosures (a) Accounting policy for financial instruments under IFRS 9 The following accounting policy is applicable to the accounting for financial instruments in the quarter ended April 1, 2018 Financial assets (i) Recognition and derecognition Regular purchases and sales of financial assets are recognized on the trade date, being the date on which Just Energy commits to purchase or sell the asset. Financial assets are derecognized when the rights to receive cash flows from the financial assets have expired or have been transferred and Just Energy has transferred substantially all the risks and rewards of ownership. (ii) Classification From April 1, 2018, · Those to be measured subsequently at fair value (either through OCI or through profit or loss); and · Those to be measured at amortized cost. The measurement category classification of financial assets depends on Just Energy’s business objectives for managing the financial assets and whether contractual terms of the cash flows are considered solely payments of principal and interest. For assets measured at fair value, gains and losses will be recorded either in profit or loss or in OCI depending upon the business objective. Just Energy reclassified debt instruments when and only when its business objective for managing those assets changes. (iii) Measurement At initial recognition, Just Energy measures a financial asset at its fair value. In the case of a financial asset not Subsequent measurement of debt instruments depends on Just Energy’s business objective for managing the asset and the cash flow characteristics of the asset. There are three Amortized cost Fair value through other comprehensive income (“FVOCI”) not FVTPL not not not not Just Energy’s equity instruments are carried at FVTPL, and gains and losses are recorded in profit or loss. (iv) Impairment Just Energy assesses on a forward-looking basis the expected credit losses (“ECL”) associated with its assets carried at amortized cost, including other receivables. For trade and other receivables only, Just Energy applies the simplified approach permitted by IFRS 9, Trade receivables are reviewed qualitatively on a case-by-case basis to determine if they need to be written off. ECL are measured as the difference in the present value of the contractual cash flows that are due to Just Energy under the contract, and the cash flows that Just Energy expects to receive. Just Energy assesses all information available, including past due status, credit ratings, the existence of third (b) New Classification categories of financial instruments on adoption of IFRS 9 As at April 1, 2018, 9 Classification category Original IAS 39 New IFRS 9 Current financial assets Cash and cash equivalents Loans and receivables Amortized cost Restricted cash Loans and receivables Amortized cost Trade and other receivables Loans and receivables Amortized cost Derivative assets FVTPL FVTPL Non-current financial assets Investments FVOCI and FVTPL FVTPL Derivative assets FVTPL FVTPL Current financial liabilities Trade and other payables Other financial liabilities Amortized cost Derivative liabilities FVTPL FVTPL Current portion of long-term debt Other financial liabilities Amortized cost Non-current financial liabilities Long-term debt Other financial liabilities Amortized cost Derivative liabilities FVTPL FVTPL Upon adoption of IFRS 9, $17,863 April 1, 2018. (c) Reconciliation of lifetime ECL balance from IAS 39 9 The following table reconciles the closing lifetime ECL for financial assets and contract assets in accordance with IAS 39 March 31, 2018 April 1, 2018. Impairment allowance Remeasurement Lifetime expected credit Trade and other receivables $ 60,121 $ 11,237 $ 71,358 Unbilled revenue $ - $ 12,399 $ 12,399 (d) Impairment of financial assets Just Energy has two 9’s 9 9, $23,636, April 1, 2018. $5,616, April 1, 2018. (e) Derivatives and hedging activities Just Energy did not 39, 9.

Note 8 - Accounting Standards I

Note 8 - Accounting Standards Issued But Not Yet Effective	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of expected impact of initial application of new standards or interpretations [text block]	8. ACCOUNTING STANDARDS ISSUED BUT NOT IFRS 16, Leases 16” January 2016. 16 17, Leases 17” January 1, 2019. Just Energy will adopt IFRS 16 April 1, 2019, · Exemption for short-term leases with a remaining term of 12 April 1, 2019 · Using a single discount rate on a portfolio of leases with reasonably similar characteristics; · Excluding initial direct costs for the measurement of the right-of-use asset at the date of initial application; · Using historical information in determining the lease term where contracts contain options to extend or terminate the lease; · Adjusting the right-of-use asset amounts for any onerous contract provisions immediately before the date of initial application; and · Measuring the right-of-use assets at an amount equal to the lease liability, adjusted for any prepaid or accrued lease payments relating to that lease immediately before the date of initial application. Just Energy began its assessment of existing operating leases, which primarily consist of buildings, office equipment, and vehicles. Upon implementation, Just Energy will record the right-of-use lease assets and related lease liabilities for existing operating leases. Adopting IFRS 16 16, June 30, 2019 IFRS Interpretations Committee (“IFRIC”) 23, Uncertainty over Income Tax Treatments 23” 12, Income Taxes 12” 23 June 2017 January 1, 2019. not 23 April 1, 2019. IFRIC Agenda Paper 11, 11 11 March 5 - 6, 2019. 9 The Company has reviewed the agenda decision and determined that a change is required in its accounting policy related to contracts to buy or sell a non-financial item that can be settled net in cash or another financial instrument, or by exchanging financial instruments. These are contracts the Company enters into which are accounted for as derivatives at fair value through profit or loss but physically settled by the underlying non-financial item. The IFRIC concluded that IFRS 9 In its December 2018 not March 31, 2019 first 2020 not no

Note 9 - Trade and Other Receiv

Note 9 - Trade and Other Receivables	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of trade and other receivables [text block]	9. TRADE AND OTHER RECEIVABLES As at As at March 31, 2019 March 31, 2018 Trade account receivables, net $ 476,173 $ 326,399 Accrued gas receivable 13,637 15,893 Unbilled revenue 277,556 301,577 Other 16,414 14,975 $ 783,780 $ 658,844

Note 10 - Other Current and Non

Note 10 - Other Current and Non-current Assets	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of prepayments and other assets [text block]	10. OTHER CURRENT AND NON-CURRENT ASSETS (a) Other current assets As at As at Prepaid expenses and deposits $ 45,709 $ 35,078 Customer acquisition costs 75,707 31,852 Green certificates 39,749 42,230 Gas delivered in excess of consumption 3,121 2,715 Inventory 4,954 339 $ 169,240 $ 112,214 (b) Other non-current assets As at As at Customer acquisition costs $ 46,416 $ 17,101 Income taxes recoverable 3,096 2,336 Other long-term assets - 550 $ 49,512 $ 19,987

Note 11 - Investments

Note 11 - Investments	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of investments other than investments accounted for using equity method [text block]	11. INVESTMENTS On August 10, 2012, $6.4 2017 2018, $5.4 $0.4 March 31, 2019, 8% not 3 March 31, 2019, $32.9 2018 $32.4

Note 12 - Property, Plant and E

Note 12 - Property, Plant and Equipment	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of property, plant and equipment [text block]	12. PROPERTY AND EQUIPMENT As at March 31, 2019 Computer equipment Furniture Installed Office Thermo- Leasehold Total Cost: Opening balance - April 1, 2018 $ 22,173 $ 6,861 $ - $ 15,209 $ 13,238 $ 4,894 $ 62,375 Additions 7,468 58 707 311 - 114 8,658 Acquisition - - 4,827 773 - 554 6,154 Assets held for sale (5 ) (4 ) - (60 ) - - (69 ) Retirements - (309 ) - - (192 ) (1,078 ) (1,579 ) Exchange differences 340 95 15 32 131 312 925 Ending balance, March 31, 2019 29,976 6,701 5,549 16,265 13,177 4,796 76,464 Accumulated depreciation: Opening balance - April 1, 2018 (13,984 ) (4,995 ) - (10,776 ) (10,555 ) (3,172 ) (43,482 ) Depreciation charge to cost of sales - - - - (2,666 ) - (2,666 ) Depreciation charge for the year (2,835 ) (178 ) (707 ) (623 ) - (428 ) (4,771 ) Assets held for sale 2 - - (4 ) - (49 ) (51 ) Retirements - 127 - - 202 322 651 Exchange differences (138 ) (61 ) - (61 ) (64 ) 41 (283 ) Ending balance, March 31, 2019 (16,955 ) (5,107 ) (707 ) (11,464 ) (13,083 ) (3,286 ) (50,602 ) Net book value, March 31, 2019 $ 13,021 $ 1,594 $ 4,842 $ 4,801 $ 94 $ 1,510 $ 25,862 As at March 31, 2018 Computer Furniture Office Thermo- Leasehold Total Cost: Opening balance - April 1, 2017 $ 18,672 $ 6,774 $ 14,947 $ 13,471 $ 4,517 $ 58,381 Additions 3,561 147 352 387 391 4,838 Retirements - - - (517 ) - (517 ) Exchange differences (60 ) (60 ) (90 ) (103 ) (14 ) (327 ) Ending balance, March 31, 2018 22,173 6,861 15,209 13,238 4,894 62,375 Accumulated depreciation: Opening balance - April 1, 2017 (11,600 ) (4,776 ) (10,095 ) (7,713 ) (2,515 ) (36,699 ) Depreciation charge to cost of sales - - - (3,116 ) - (3,116 ) Depreciation charge for the year (2,431 ) (262 ) (745 ) - (677 ) (4,115 ) Retirements - - - 208 - 208 Exchange differences 47 43 64 66 20 240 Ending balance, March 31, 2018 (13,984 ) (4,995 ) (10,776 ) (10,555 ) (3,172 ) (43,482 ) Net book value, March 31, 2018 $ 8,189 $ 1,866 $ 4,433 $ 2,683 $ 1,722 $ 18,893

Note 13 - Intangible Assets

Note 13 - Intangible Assets	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of intangible assets [text block]	13. INTANGIBLE ASSETS As at March 31, 2019 Goodwill Brand Technology 1 Customer Sales Other Total Cost: Opening balance - April 1, 2018 $ 300,673 $ 30,205 $ 80,401 $ 18,027 $ 51,963 $ 495 $ 481,764 Acquisition 40,630 3,000 - 12,600 - - 56,230 Assets held for sale - - (2,453 ) - - (3 ) (2,456 ) Additions - - 38,383 - - - 38,383 Exchange differences (1,382 ) 1,100 1,332 623 1,890 (439 ) 3,124 Ending balance, March 31, 2019 339,921 34,305 117,663 31,250 53,853 53 577,045 Accumulated amortization: Opening balance - April 1, 2018 - - (36,309 ) (1,309 ) (42,220 ) - (79,838 ) Assets held for sale - - 18 - - 2 20 Amortization charge for the year - (100 ) (14,927 ) (1,018 ) (6,610 ) - (22,655 ) Exchange differences - - 1,883 (2,142 ) (1,657 ) - (1,916 ) Ending balance, March 31, 2019 - (100 ) (49,335 ) (4,469 ) (50,487 ) 2 (104,389 ) Net book value, March 31, 2019 $ 339,921 $ 34,205 $ 68,328 $ 26,781 $ 3,366 $ 55 $ 472,656 1 $27.3 As at March 31, 2018 Goodwill Brand Technology Customer Sales network Other Total Cost: Opening balance - April 1, 2017 $ 289,201 $ 31,154 $ 48,525 $ - $ 53,595 $ - $ 422,475 Acquisition of a subsidiary 14,699 - 1,409 17,387 - 347 33,842 Additions - - 30,938 - - - 30,938 Exchange differences (3,227 ) (949 ) (471 ) 640 (1,632 ) 148 (5,491 ) Ending balance, March 31, 2018 300,673 30,205 80,401 18,027 51,963 495 481,764 Accumulated amortization: Opening balance - April 1, 2017 - - (27,641 ) - (36,847 ) - (64,488 ) Amortization charge for the year - - (8,924 ) (1,309 ) (6,466 ) - (16,699 ) Exchange differences - - 256 - 1,093 - 1,349 Ending balance, March 31, 2018 - - (36,309 ) (1,309 ) (42,220 ) - (79,838 ) Net book value, March 31, 2018 $ 300,673 $ 30,205 $ 44,092 $ 16,718 $ 9,743 $ 495 $ 401,926 The capitalized internally developed costs relate to the development of new customer billing and analysis software solutions for the different energy markets of Just Energy. All research costs and development costs, not

Note 14 - Financial Instruments

Note 14 - Financial Instruments	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of financial instruments [text block]	14. FINANCIAL INSTRUMENTS (a) Fair value of derivative financial instruments and other The fair value of financial instruments is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). Management has estimated the value of financial swaps, physical forwards and option contracts for electricity, natural gas, carbon and renewable energy certificates, and generation and transmission capacity contracts using a discounted cash flow method, which employs market forward curves that are either directly sourced from third third no The following table illustrates gains (losses) related to Just Energy’s derivative financial instruments classified as FVTPL and recorded on the consolidated statements of financial position as fair value of derivative financial assets and fair value of derivative financial liabilities, with their offsetting values recorded in change in fair value of derivative instruments and other on the consolidated statements of income (loss). For the For the Change in fair value of derivative instruments and other Physical forward contracts and options (i) $ (182,117 ) $ 400,583 Financial swap contracts and options (ii) 39,832 59,710 Foreign exchange forward contracts 72 (1,842 ) Share swap (iii) (3,507 ) (4,484 ) 6.5% convertible bond conversion feature 247 7,764 Unrealized foreign exchange on 6.5% convertible bond (8,061 ) 6,101 Weather derivatives 7,796 - Other derivative options (7,488 ) 6,561 Change in fair value of derivative instruments and other $ (153,226 ) $ 474,393 The following table summarizes certain aspects of the fair value of derivative financial assets and liabilities recorded in the consolidated statement of financial position as at March 31, 2019: Financial Financial Financial Financial Physical forward contracts and options (i) $ 115,483 $ 7,237 $ 49,601 $ 50,174 Financial swap contracts and options (ii) 18,212 1,876 16,142 8,583 Foreign exchange forward contracts - 56 1,555 - Share swap (iii) - - 11,907 - Other derivative options 10,817 86 182 4,901 As at March 31, 2019 $ 144,512 $ 9,255 $ 79,387 $ 63,658 The following table summarizes certain aspects of the fair value of derivative financial assets and liabilities recorded in the consolidated statement of financial position as at March 31, 2018: Financial Financial Financial Financial Physical forward contracts and options $ 198,891 $ 60,550 $ 32,451 $ 29,003 Financial swap contracts and options 8,133 1,342 34,369 22,117 Foreign exchange forward contracts - - 1,068 505 Share swap - - 18,400 - 6.5% convertible bond conversion feature - - - 246 Other derivative options 11,745 2,770 - - As at March 31, 2018 $ 218,769 $ 64,662 $ 86,288 $ 51,871 Below is a summary of the financial instruments classified through profit or loss as at March 31, 2019, (i) Physical forward contracts and options consist of: · Electricity contracts with a total remaining volume of 38,759,196 $51.29/MWh March 31, 2029. · Natural gas contracts with a total remaining volume of 92,885,570 $3.67/GJ December 31, 2024. · Renewable energy certificates (“RECs”) and emission-reduction credit contracts with a total remaining volume of 4,184,687 177,000 $32.50/REC $2.68/tonne, December 31, 2028 December 31, 2021. · Electricity generation capacity contracts with a total remaining volume of 4,362 $5,226.42/MWCap May 31, 2023. · Ancillary contracts with a total remaining volume of 738,532 $23.06/MWh December 31, 2020. (ii) Financial swap contracts and options consist of: · Electricity contracts with a total remaining volume of 10,333,347 $45.19/MWh November 30, 2024. · Natural gas contracts with a total remaining volume of 134,711,738 $3.53/GJ December 31, 2024. · Electricity generation capacity contracts with a total remaining volume of 69 $304,787.72/MWCap October 31, 2020. · Ancillary contracts with a total remaining volume of 1,220,145 $21.52/MWh December 31, 2020. (iii) Share swap agreement Just Energy has entered into a share swap agreement to manage the consolidated statements of income (loss) volatility associated with the Company’s RSG and DSG Plans. The value, on inception, of the 2,500,000 $33,803. August 22, 2018, $23,803 $10,000 These derivative financial instruments create a credit risk for Just Energy since they have been transacted with a limited number of counterparties. Should any counterparty be unable to fulfill its obligations under the contracts, Just Energy may not Fair value (“FV”) hierarchy of derivatives Level 1 The fair value measurements are classified as Level 1 Level 2 Fair value measurements that require observable inputs other than quoted prices in Level 1, 2 2, 2. Level 3 Fair value measurements that require unobservable market data or use statistical techniques to derive forward curves from observable market data and unobservable inputs are classified as Level 3 three five 12 15 3. Weather derivatives are non-exchange traded financial instruments used as part of a risk management strategy to mitigate the impact adverse weather conditions have on gross margin. The fair values of the derivatives are determined using an internally developed model that relies upon both observable inputs and significant unobservable inputs. Accordingly, the fair values of these derivatives are classified as Level 3. no March 31, 2019. For the share swap, Just Energy uses a forward interest rate curve along with a volume weighted average share price to model out its value. As the inputs have no 3. Just Energy’s accounting policy is to recognize transfers between levels of the fair value hierarchy on the date of the event or change in circumstances that caused the transfer. The fair value inputs into the investment of ecobee transferred from Level 2 3 2019. Fair value measurement input sensitivity The main cause of changes in the fair value of derivative instruments is changes in the forward curve prices used for the fair value calculations. Just Energy provides a sensitivity analysis of these forward curves under the “Market risk” section of this note. Other inputs, including volatility and correlations, are driven off historical settlements. The following table illustrates the classification of derivative financial assets (liabilities) in the FV hierarchy as at March 31, 2019: Level 1 Level 2 Level 3 Total Derivative financial assets $ - $ - $ 153,766 $ 153,766 Derivative financial liabilities - (6,588 ) (136,456 ) (143,044 ) Total net derivative assets (liabilities) $ - $ (6,588 ) $ 17,310 $ 10,722 The following table illustrates the classification of derivative financial assets (liabilities) in the FV hierarchy as at March 31, 2018: Level 1 Level 2 Level 3 Total Derivative financial assets $ - $ - $ 283,431 $ 283,431 Derivative financial liabilities - (21,092 ) (117,067 ) (138,159 ) Total net derivative assets (liabilities) $ - $ (21,092 ) $ 166,364 $ 145,272 Commodity price sensitivity – Level 3 If the energy prices associated with only Level 3 10%, March 31, 2019 $241,661 $239,419 Key assumptions used when determining the significant unobservable inputs for all commodity supply contracts included in Level 3 5% 12 15 The following table illustrates the changes in net fair value of financial assets (liabilities) classified as Level 3 Year ended Year ended Balance, beginning of year $ 166,364 $ (315,110 ) Total gains 19,644 105,709 Purchases 11,502 207,531 Sales (25,575 ) (64,464 ) Settlements (154,625 ) 232,698 Balance, end of year $ 17,310 $ 166,364 (b) Classification of non-derivative financial assets and liabilities As at March 31, 2019 March 31, 2018, Long-term debt recorded at amortized cost has a fair value as at March 31, 2019 $740.6 March 31, 2018 - $570.1 8.75% 6.75% $100M 6.75% $160M 6.5% 5.75% 6.75% $100M 6.75% $160M 6.5% 5.75% 1 Investments in equity instruments have a fair value as at March 31, 2019 $36.9 March 31, 2018 - $36.3 2 3 No The following table illustrates the classification of investments in the FV hierarchy as at March 31, 2019: Level 1 Level 2 Level 3 Total Investment in ecobee $ - $ - $ 32,888 $ 32,888 Investment in Energy Earth - 4,009 - 4,009 Total investments $ - $ 4,009 $ 32,888 $ 36,897 The risks associated with Just Energy’s financial instruments are as follows: (i) Market risk Market risk is the potential loss that may Foreign currency risk Foreign currency risk is created by fluctuations in the fair value or cash flows of financial instruments due to changes in foreign exchange rates and exposure as a result of investments in U.S. and international operations. The performance of the Canadian dollar relative to the U.S. dollar could positively or negatively affect Just Energy’s income, as a portion of Just Energy’s income is generated in USD and is subject to currency fluctuations upon translation to Canadian dollars. Due to its growing operations in the U.S. and Europe, Just Energy expects to have a greater exposure to foreign currency fluctuations in the future than in prior years. Just Energy has economically hedged between 50% 90% 12 0% 50% 13 24 Just Energy may, not With respect to translation exposure, if the Canadian dollar had been 5% March 31, 2019, $3.8 $14.2 Interest rate risk Just Energy is only exposed to interest rate fluctuations associated with its floating rate credit facility. Just Energy’s current exposure to interest rates does not not A 1% $1,939 March 31, 2019 ( 2018 $758 Commodity price risk Just Energy is exposed to market risks associated with commodity prices and market volatility where estimated customer requirements do not not Commodity price sensitivity – all derivative financial instruments If all the energy prices associated with derivative financial instruments including natural gas, electricity, verified emission-reduction credits and RECs had risen (fallen) by 10%, March 31, 2019 $240,332 $238,089 (ii) Credit risk Credit risk is the risk that one two Customer credit risk In Alberta, Texas, Illinois, California, Delaware, Ohio, Georgia and the U.K., Just Energy has customer credit risk and, therefore, credit review processes have been implemented to perform credit evaluations of customers and manage customer default. If a significant number of customers were to default on their payments, it could have a material adverse effect on the operations and cash flows of Just Energy. Management factors default from credit risk in its margin expectations for all the above markets. The aging of the accounts receivable from the above markets was as follows: March 31, 2019 March 31, 2018 Current $ 116,892 $ 113,786 1–30 days 42,562 44,374 31–60 days 22,317 21,241 61–90 days 16,352 12,686 Over 90 days 100,580 69,207 $ 298,703 $ 261,294 Changes in the allowance for doubtful accounts related to the balances in the table above were as follows: March 31, 2019 March 31, 2018 Balance, beginning of year $ 60,121 $ 49,431 Provision for doubtful accounts 81,037 56,300 Bad debts written off (90,231 ) (41,802 ) Adjustment from IFRS 9 adoption 23,636 - Foreign exchange (3,363 ) (3,808 ) Balance, end of year $ 71,200 $ 60,121 In the remaining markets, the LDCs, provide collection services and assume the risk of any bad debts owing from Just Energy’s customers for a fee. Management believes that the risk of the LDCs failing to deliver payment to Just Energy is minimal. There is no Counterparty credit risk Counterparty credit risk represents the loss that Just Energy would incur if a counterparty fails to perform under its contractual obligations. This risk would manifest itself in Just Energy replacing contracted supply at prevailing market rates, thus impacting the related customer margin. Counterparty limits are established within the Risk Management Policy. Any exceptions to these limits require approval from the Board of Directors of Just Energy. The Risk Department and Risk Committee monitor current and potential credit exposure to individual counterparties and also monitor overall aggregate counterparty exposure. However, the failure of a counterparty to meet its contractual obligations could have a material adverse effect on the operations and cash flows of Just Energy. As at March 31, 2019, $153,767 2018 $283,431 (iii) Liquidity risk Liquidity risk is the potential inability to meet financial obligations as they fall due. Just Energy manages this risk by monitoring detailed daily cash flow forecasts covering a rolling 13 12 two The following are the contractual maturities, excluding interest payments, reflecting undiscounted disbursements of Just Energy’s financial liabilities: As at March 31, 2019: Carrying Contractual Less than 1–3 years 4–5 years More than Trade and other payables $ 714,110 $ 714,110 $ 714,110 $ - $ - $ - Long-term debt 1 725,372 781,701 39,150 210,564 531,987 - Gas, electricity and non-commodity contracts 143,045 3,500,493 1,899,713 1,439,479 119,212 42,089 $ 1,582,527 $ 4,996,304 $ 2,652,973 $ 1,650,043 $ 651,199 $ 42,089 As at March 31, 2018: Carrying Contractual Less than 1–3 years 4–5 years More than Trade and other payables $ 622,797 $ 622,797 $ 622,797 $ - $ - $ - Long-term debt 1 543,504 575,525 122,115 193,410 260,000 - Gas, electricity and non-commodity contracts 138,159 3,171,037 1,867,389 1,202,949 69,658 31,041 $ 1,304,460 $ 4,369,359 $ 2,612,301 $ 1,396,359 $ 329,658 $ 31,041 1 6.75% $100M 6.75% $160M 6.5% 5.75% may In addition to the amounts noted above, as at March 31, 2019, Less than 1 year 1–3 years 4–5 years More than 5 years Interest payments $ 40,765 $ 80,234 $ 40,600 $ - (iv) Supplier risk Just Energy purchases the majority of the gas and electricity delivered to its customers through long-term contracts entered into with various suppliers. Just Energy has an exposure to supplier risk as the ability to continue to deliver gas and electricity to its customers is reliant upon the ongoing operations of these suppliers and their ability to fulfil their contractual obligations. As at March 31, 2019, $8,307 2018 $4,737

Note 15 - Trade and Other Payab

Note 15 - Trade and Other Payables	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of trade and other payables [text block]	15. TRADE AND OTHER PAYABLES As at As at Commodity suppliers' payables $ 189,554 $ 176,831 Accrued liabilities 112,039 135,733 Green provisions 151,992 152,542 Sales tax payable 22,969 15,794 Trade accounts payable 184,257 45,887 Payable for former JV partner 22,625 26,375 Accrued gas payable 12,937 18,624 Other payables 17,737 18,232 $ 714,110 $ 590,018

Note 16 - Deferred Revenue

Note 16 - Deferred Revenue	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of revenue from contracts with customers [text block]	16. DEFERRED REVENUE Fiscal 2019 Fiscal 2018 Balance, beginning of year $ 38,710 $ 17,546 Additions to deferred revenue 569,880 553,050 Revenue recognized during the year (563,922 ) (534,265 ) Foreign Exchange impact (1,440 ) 2,379 Balance, end of year $ 43,228 $ 38,710

Note 17 - Acquisition of Busine

Note 17 - Acquisition of Businesses	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of business combinations [text block]	17. ACQUISITION OF BUSINESSES (a) Acquisition of EdgePower, Inc. On February 28, 2018, 100% US$14.9 US$7.5 US$7.4 1,415,285 In addition, the former shareholders of EdgePower are entitled to a payment of up to a maximum of US$6.0 20% 2019–2021 $nil. March 2019, The following is the final purchase price allocation for EdgePower: NET ASSETS ACQUIRED Working capital $ 993 Intangible assets 14,198 Goodwill 7,673 Deferred tax liabilities (3,820 ) Total consideration $ 19,044 Cash paid, net of working capital adjustment $ 10,078 Common shares issued 8,966 Total consideration $ 19,044 (b) Acquisition of Filter Group Inc. (“Filter Group”) On October 1, 2018, Just Energy acquired all of the issued and outstanding shares of Filter Group and the shareholder loan owing by Filter Group. In addition, Filter Group had approximately $22 third $14.3 180 9.5 2.4 first three may 50% 100% The CEO of Filter Group is the son of the Executive Chair of Just Energy. As such, this is a related party transaction. The transaction was reviewed by the Strategic Initiatives Committee and it received a fairness opinion from National Bank Financial on the transaction. Of the $14.3 $1.3 $13.0 $3.0 October 1, 2018. March 31, 2019, $11.3 $11.1 1% October 1, 2018, $0.7 March 31, 2019, $0.6 The contingent consideration relating to the potential earn-out payments over the next three $24.9 October 1, 2018, $23.1 $26.8 not Each quarter the contingent consideration related to the Filter Group acquisition is revalued. To estimate the number of Just Energy common shares that are exchanged in each period, a Monte Carlo simulation model was used where the trailing 12 · Adjusted trailing 12 · Average EBITDA forecasts for new periods; · Implied asset volatility; · Equity volatility of Just Energy; · Underlying asset price of Just Energy common shares; · Dividend yield; and · Risk-free rate. Based on the foregoing, the value of the contingent consideration as at March 31, 2019 $27.1 $31.2 $29.1 October 1, 2018 $24.9 March 31, 2019 $29.1 $4.2 The following is the purchase price allocation for Filter Group: NET ASSETS ACQUIRED Working capital $ 898 Property and equipment 6,154 Intangible assets 15,600 Goodwill 38,217 Long-term debt (21,611 ) Total consideration $ 39,258 Cash consideration $ 3,000 Payable to shareholders 11,314 Contingent consideration 24,944 Total consideration $ 39,258 The goodwill was calculated as the difference between the fair value of consideration transferred and the fair value of the assets acquired and liabilities assumed. The goodwill acquired as part of the acquisition primarily represents Filter Group’s workforce, operational and strategic management processes and synergies between Just Energy and Filter Group. Goodwill is not For the year ended March 31, 2019, $1.2 As at March 31, 2019, $6.3 $0.3 October 1, 2018. March 31, 2019 $11.3 $4.8 April 1, 2018. As of March 31, 2019,

Note 18 - Discontinued Operatio

Note 18 - Discontinued Operations	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of non-current assets held for sale and discontinued operations [text block]	18. DISCONTINUED OPERATIONS In March 2019, 12 March 31, 2019 The results of the discontinued operations are presented below: 2019 2018 Sales $ 19,729 $ 3,012 Cost of sales 19,347 2,596 Gross margin 382 416 Expenses Administrative, selling and operating expenses 12,079 8,455 Operating loss (11,697 ) (8,039 ) Change in fair value of derivative instruments and other - (37 ) Other income (loss) (199 ) 2,134 Loss from discontinued operations before the undernoted (11,896 ) (5,942 ) Provision for income tax expense 4 3 Impairment loss recognized on the remeasurement to estimate fair value less costs to sell 10,479 - LOSS FROM DISCONTINUED OPERATIONS $ (22,379 ) $ (5,945 ) Cash flows used in operating activities $ (13,194 ) (9,259 ) Cash flows used in investing activities $ (1,316 ) $ (2,252 ) Cash flows from financing activities $ 13,856 $ 12,236 Assets and liabilities of the discontinued operations classified as held for sale as at March 31, 2019 ASSETS Current assets Cash and cash equivalents $ 628 Current trade and other receivables 3,007 Income taxes recoverable 50 Other current assets 3,087 Non-current assets Property and equipment 42 Intangible assets 2,157 ASSETS CLASSIFIED AS HELD FOR SALE $ 8,971 Liabilities Trade and other payables $ 4,902 Deferred revenue 298 LIABILITIES RELATING TO ASSETS CLASSIFIED AS HELD FOR SALE $ 5,200 The $5.1 2019

Note 19 - Long-term Debt and Fi

Note 19 - Long-term Debt and Financing	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of borrowings [text block]	19. LONG-TERM DEBT AND FINANCING Maturity March 31, 2019 March 31, 2018 Credit facility (a) September 1, 2020 $ 201,577 $ 122,115 Less: Debt issue costs (a) (1,824 ) (664 ) Filter Group financing (b) 17,577 - 8.75% loan (c) September 12, 2023 240,094 - 6.75% $100M convertible debentures (d) March 31, 2023 87,520 85,760 6.75% $160M convertible debentures (e) December 31, 2021 150,945 148,146 6.5% convertible bonds (f) July 29, 2019 29,483 188,147 725,372 543,504 Less: Current portion (37,429 ) (121,451 ) $ 687,943 $ 422,053 Future annual minimum repayments are as follows: Less than 1–3 years 4–5 years More than Total Credit facility (a) $ - $ 201,577 $ - $ - $ 201,577 Filter Group financing (b) 9,217 8,987 1,186 - 19,390 8.75% loan (c) - - 270,801 - 270,801 6.75% $100M convertible debentures (d) - - 100,000 - 100,000 6.75% $160M convertible debentures (e) - - 160,000 - 160,000 6.5% convertible bonds (f) 29,933 - - - 29,933 $ 39,150 $ 210,564 $ 531,987 $ - $ 781,701 The details for long-term debt are as follows: As at Cash Foreign Non-cash As at Credit facility (a) $ 121,451 $ 77,638 $ - $ 664 $ 199,753 Filter Group financing (b) - 17,577 - - 17,577 8.75% loan (c) - 236,934 4,553 (1,393 ) 240,094 6.75% $100M convertible debentures (d) 85,760 - - 1,760 87,520 6.75% $160M convertible debentures (e) 148,146 - - 2,799 150,945 6.5% convertible bonds (f) 188,147 (169,333 ) 3,508 7,161 29,483 $ 543,504 $ 162,816 $ 8,061 $ 10,991 $ 725,372 Less: Current portion (121,451 ) - - - (37,429 ) $ 422,053 $ 162,816 $ 8,061 $ 10,991 $ 687,943 As at Cash Foreign Non-cash As at Credit facility (a) $ 66,001 $ 53,857 $ - $ 1,593 $ 121,451 6.75% $100M convertible debentures (d) - 95,869 - (10,109 ) 85,760 6.75% $160M convertible debentures (e) 145,579 - - 2,567 148,146 6.5% convertible bonds (f) 190,486 - (6,101 ) 3,762 188,147 5.75% convertible debentures (g) 96,022 (100,000 ) - 3,978 - $ 498,088 $ 49,726 $ (6,101 ) $ 1,791 $ 543,504 Less: Current portion - - - - (121,451 ) $ 498,088 $ 49,726 $ (6,101 ) $ 1,791 $ 422,053 The following table details the finance costs for the year ended March 31. 2019 2018 Credit facility (a) $ 20,715 $ 12,883 Filter Group financing (b) 875 - 8.75% loan (c) 8,999 - 6.75% $100M convertible debentures (d) 8,819 497 6.75% $160M convertible debentures (e) 13,598 12,773 6.5% convertible bonds (f) 18,387 15,753 5.75% convertible debentures (g) - 9,173 Collateral management and others (h) 16,679 4,893 $ 88,072 $ 55,972 (a) As of April 18, 2018, two September 1, 2020. $352.5 $342.5 $370 Interest is payable on outstanding loans at rates that vary with Bankers’ Acceptance rates, LIBOR, Canadian bank prime rate or U.S. prime rate. Under the terms of the operating credit facility, Just Energy is able to make use of Bankers’ Acceptances and LIBOR advances at stamping fees 3.750%. 2.750% 3.750%. As at March 31, 2019, 3.95% 5.5%. March 31, 2019, $201.6 March 31, 2019 $94.0 March 31, 2018 - $113.4 March 31, 2019, $56.9 March 31, 2019, (b) Filter Group, which was acquired on October 1, 2018, three five 8.99% (c) On September 12, 2018, US$250 “8.75% 8.75% 8.75% June 30 December 31 September 12, 2023. 7.5 $8.56 one 8.75% three first US$50 second US$150 6.5% third US$50 March 31, 2019, US$193.0 8.75% (d) On February 22, 2018, $100 “6.75% $100 6.75% $100 6.75%, March 31 September 30 March 31, 2023. $1,000 6.75% $100 112.3596 $8.90, The 6.75% $100 not March 31, 2021. March 31, 2021 March 31, 2022, 6.75% $100 may not 60 not 30 20 five 125% March 31, 2022, 6.75% $100 may not 60 not 30 The conversion feature of the 6.75% $100 $9.7 $2.6 6.75% $100 $100 6.75% $100 10.7%. 6.75% $100 No 6.75% $100 March 31, 2019. (e) On October 5, 2016, $160 “6.75% $160 6.75% $160 6.75%, June 30 December 31 December 31, 2021. $1,000 6.75% $160 107.5269 $9.30, The 6.75% $160 not December 31, 2019. December 31, 2019 December 31, 2020, 6.75% $160 may not 60 not 30 20 five 125% December 31, 2020, 6.75% $160 may not 60 not 30 The conversion feature of the 6.75% $160 $8.0 $2.1 6.75% $160 $160 6.75% $160 9.1%. 6.75% $160 No 6.75% $160 March 31, 2019. (f) On January 29, 2014, US$150 “6.5% 6.5% 6.5%, January 29 July 29 July 29, 2019. A conversion right in respect of a bond may May 30, 2014 July 7, 2019. US$9.3762 C$10.2819 may, no As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% US$8,517. 6.5% $150.0 6.5% 8.8%. March 31, 2019, US$0.2 US$127.6 (g) In September 2011, $100 “5.75% 5.75% 5.75%, March 31 September 30 September 30, 2018. $1,000 5.75% 56.0 $17.85. September 30, 2016, 5.75% may not 60 not 30 The Company may, not 60 not 30 no 5.75% 5.75% 95% On March 27, 2018, 5.75% $99.5 5.75% $0.5 $7.1 (h) The collateral management and others include primarily collateral management costs of $5.1 $4.8 $5.1 February 2018 2019.

Note 20 - Provisions

Note 20 - Provisions	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of provisions [text block]	20. PROVISIONS Restructuring During fiscal 2019, 200 Amounts related to restructuring during fiscal 2019 Employee-related $ 8,706 Facilities 1,987 Transition agreements 3,187 Other non-headcount related 2,198 Total restructuring costs 16,078 Expended in the year 9,462 Provision at end of the year 6,616 Total restructuring costs $ 16,078 The remaining provision balance relate to other contingent liabilities.

Note 21 - Income Taxes

Note 21 - Income Taxes	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of income tax [text block]	21. INCOME TAXES (a) Tax expense 2019 2018 Current tax expense $ 6,329 $ 2,552 Deferred tax expense (benefit) Origination and reversal of temporary differences $ (30,110 ) $ 129,177 Benefit arising from previously unrecognized tax loss or temporary difference 26,610 (111,058 ) Deferred tax (benefit) expense (3,500 ) 18,119 Provision for income taxes $ 2,829 $ 20,671 (b) Reconciliation of the effective tax rate The provision for income taxes represents an effective rate different than the Canadian corporate statutory rate of 26.50% 2018 26.50% 2019 2018 Income before income taxes $ (120,035 ) $ 539,248 Combined statutory Canadian federal and provincial income tax rate 26.50 % 26.50 % Income tax expense based on statutory rate $ (31,809 ) $ 142,901 Increase (decrease) in income taxes resulting from: Expense (benefit) of mark to market loss and other temporary differences not recognized $ 26,610 $ (111,058 ) Variance between combined Canadian tax rate and the tax rate applicable to foreign earnings 1,993 1,000 Other permanent items 6,035 (12,172 ) Total provision for income taxes $ 2,829 $ 20,671 (c) Recognized deferred income tax assets and liabilities Recognized deferred income tax assets and liabilities are attributed to the following: 2019 2018 Mark to market losses on derivative instruments $ 10,336 $ 17,580 Tax losses and excess of tax basis over book basis 99,218 78,825 Total deferred income tax assets 109,554 96,405 Offset of deferred income taxes (104,186 ) (93,873 ) Net deferred tax assets $ 5,368 $ 2,532 Partnership income deferred for tax purposes $ (3,542 ) $ (6,249 ) Mark to market gains on derivative instruments (20,683 ) (54,158 ) Book to tax differences on other assets (73,889 ) (30,480 ) Convertible debentures (6,073 ) (2,986 ) Total deferred income tax liabilities (104,187 ) (93,873 ) Offset of deferred income taxes 104,187 93,873 Net deferred income tax liabilities $ - $ - (d) Movement in deferred income tax balances Balance Recognized Recognized Other Balance Partnership income deferred for tax $ (6,249 ) $ 2,707 $ - $ - $ (3,542 ) Book to tax differences 48,345 (22,351 ) (638 ) (26 ) 25,330 Mark to market (gains) losses on derivative instruments (36,578 ) 26,231 - - (10,347 ) Convertible debentures (2,986 ) (3,087 ) - - (6,073 ) $ 2,532 $ 3,500 $ (638 ) $ (26 ) $ 5,368 Balance Recognized Recognized Other Balance Partnership income deferred for tax $ (8,281 ) $ 2,032 $ - $ - $ (6,249 ) Book to tax differences 4,269 51,864 (7,788 ) - 48,345 Mark to market (gains) losses on derivative instruments 29,424 (66,002 ) - - (36,578 ) Convertible debentures (4,144 ) 1,158 - - (2,986 ) $ 21,268 $ (10,948 ) $ (7,788 ) $ - $ 2,532 (e) Unrecognized deferred income tax assets Deferred income tax assets not March 31 2019 2018 Excess of tax over book basis 16,903 15,824 Losses available for carryforward (recognized and unrecognized) are set to expire as follows: 2019 2030 $ 136,763 2031 - Total $ 136,763

Note 22 - Shareholders' Capital

Note 22 - Shareholders' Capital	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of issued capital [text block]	22. SHAREHOLDERS’ CAPITAL Just Energy is authorized to issue an unlimited number of common shares and 50,000,000 no no Details of issued and outstanding shareholders’ capital are as follows: Year ended Year ended Shares Amount Shares Amount Common shares: Issued and outstanding Balance, beginning of year 148,394,152 $ 1,079,055 147,013,538 $ 1,070,076 Share-based awards exercised 1,201,800 9,483 1,643,156 11,954 Acquisition - - 1,415,285 8,966 Repurchase and cancellation of shares - - (1,677,827 ) (11,941 ) Balance, end of year 149,595,952 $ 1,088,538 148,394,152 $ 1,079,055 Preferred shares: Issued and outstanding Balance, beginning of year 4,323,300 $ 136,771 4,040,000 $ 128,363 Shares issued for cash 338,865 10,447 283,300 9,260 Preferred shares issuance cost - (253 ) - (852 ) Balance, end of year 4,662,165 $ 146,965 4,323,300 $ 136,771 Shareholders' capital 154,258,117 $ 1,235,503 152,717,452 $ 1,215,826

Note 23 - Share-based Compensat

Note 23 - Share-based Compensation Plans	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of share-based payment arrangements [text block]	23. SHARE-BASED COMPENSATION PLANS (a) Stock option plan Just Energy may 2010 2001 may 11,300,000 March 31, 2019, 814,166 500,000 March 31, 2019 $7.88. three five five ten no 2019. (b) Restricted share grants Just Energy grants awards under the 2010 2004 March 31, 2019, 2,717,774 2018 3,004,624 1,473,989 March 31, 2019 ( 2018 1,635,882 one five no ten may one one There are 40,000 not RSGs available for grant 2019 2018 Balance, beginning of year 3,004,624 4,107,830 Less: Granted (788,211 ) (1,716,743 ) Add: Cancelled/forfeited 501,361 613,537 Balance, end of year 2,717,774 3,004,624 The average grant date fair value of RSGs granted in the year was $5.00 2018 $6.94 (c) Performance bonus grants Just Energy grants awards under the 2013 March 31, 2019, 2,182,302 2018 2,270,480 385,214 March 31, 2019 ( 2018 1,050,094 three one third second third no three PBGs available for grant 2019 2018 Balance, beginning of year 2,270,480 2,650,513 Less: Granted (331,196 ) (812,787 ) Add: Cancelled/forfeited 243,018 432,754 Balance, end of year 2,182,302 2,270,480 The average grant date fair value of PBGs granted in the year was $5.01 2018 $7.08 (d) Deferred share grants Just Energy grants awards under its 2010 2004 15% may three ten March 31, 2019, nil 2018 69,481 2019, 37,123 June 26, 2019. 184,430 2018 114,949 March 31, 2019. DSGs available for grant 2019 2018 Balance, beginning of year 69,481 110,012 Less: Granted (69,481 ) (40,531 ) Balance, end of year - 69,481 The weighted average grant date fair value of DSGs granted in the year was $4.48 2018 $6.32

Note 24 - Reportable Business S

Note 24 - Reportable Business Segments	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of entity's operating segments [text block]	24. REPORTABLE BUSINESS SEGMENTS Just Energy’s reportable segments are Consumer Energy and Commercial Energy. Just Energy has aggregated the operating segments into these reportable segments on the basis that the operating segments share economic characteristics. These characteristics include the nature of the product and services sold, the distribution methods, and the type of customer class and regulatory environment. Transactions between segments are in the normal course of operations and are recorded at the exchange amount. Allocations made between segments for shared assets or allocated expenses are based on the number of residential customer equivalents in the respective segments. Management monitors the operating results of its business units separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on operating profit or loss and is measured consistently with operating profit or loss in the consolidated financial statements. Just Energy does not Corporate and shared services report the costs related to management oversight of the business units, public reporting and filings, corporate governance and other shared services functions. For the year ended March 31, 2019: Consumer Commercial Corporate and shared services Consolidated Sales $ 2,395,624 $ 1,416,846 $ - $ 3,812,470 Gross margin 535,711 176,504 - 712,215 Depreciation of property, plant and equipment 4,567 204 - 4,771 Amortization of intangible assets 20,440 2,215 - 22,655 Administrative expenses 76,709 40,693 89,418 206,820 Selling and marketing expenses 158,770 73,260 - 232,030 Restructuring costs 3,173 4,069 8,836 16,078 Other operating expenses 78,460 9,130 - 87,590 Operating profit (loss) for the period $ 193,592 $ 46,933 $ (98,254 ) $ 142,271 Finance costs (88,072 ) Change in fair value of derivative instruments and other (153,226 ) Other income, net 1,365 Provision for income taxes (2,829 ) Loss for the year from continued operations (100,491 ) Loss from discontinued operations (22,379 ) Loss for the year $ (122,870 ) Capital expenditures $ 39,475 $ 4,068 $ - $ 43,543 As at March 31, 2019 Total goodwill $ 181,358 $ 158,563 $ - $ 339,921 Total assets $ 1,284,435 $ 461,633 $ - $ 1,746,068 Total liabilities $ 1,513,583 $ 201,935 $ - $ 1,715,518 For the year ended March 31, 2018: Consumer Commercial Corporate and shared services Consolidated Sales $ 2,232,081 $ 1,391,477 $ - $ 3,623,558 Gross margin 487,175 153,336 - 640,511 Depreciation of property and equipment 3,775 340 - 4,115 Amortization of intangible assets 12,707 3,992 - 16,699 Administrative expenses 64,282 29,153 93,815 187,250 Selling and marketing expenses 161,246 70,982 - 232,228 Other operating expenses 69,690 4,800 - 74,490 Operating profit (loss) for the period $ 175,475 $ 44,069 $ (93,815 ) $ 125,729 Finance costs (55,972 ) Change in fair value of derivative instruments and other 474,393 Other income, net 1,040 Provision for income taxes (20,671 ) Profit for the year from continued operations $ 524,519 Loss from discontinued operations (5,945 ) Profit for the year 518,574 Capital expenditures $ 32,252 $ 3,524 $ - $ 35,776 As at March 31, 2018 Total goodwill $ 147,252 $ 153,421 $ - $ 300,673 Total assets $ 1,135,325 $ 466,068 $ - $ 1,601,393 Total liabilities $ 844,379 $ 540,479 $ - $ 1,384,858 Sales from external customers The revenue is based on the location of the customer. For the For the Canada $ 413,836 $ 414,183 U.S. 2,624,602 2,465,794 U.K. 774,032 743,581 Total $ 3,812,470 $ 3,623,558 Non-current assets Non-current assets by geographic segment consist of property and equipment and intangible assets and are summarized as follows: As at March 31, 2019 As at March 31, 2018 Canada $ 266,775 $ 201,985 U.S. 223,802 207,147 International 7,941 11,687 Total $ 498,518 $ 420,819

Note 25 - Other Expenses

Note 25 - Other Expenses	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of other operating income (expense) [text block]	25. OTHER EXPENSES (a) Other operating expenses For the For the Amortization of intangible assets $ 22,655 $ 16,547 Depreciation of property and equipment 4,771 4,073 Bad debt expense 81,037 56,331 Share-based compensation 6,133 18,353 Other 420 - $ 115,016 $ 95,304 (b) Amortization and energy costs included in cost of sales in the consolidated statements of income (loss) For the For the Amortization $ 2,666 $ 3,116 Direct energy costs and other 3,097,589 2,983,047 $ 3,100,255 $ 2,986,163 (c) Employee benefits expense For the For the Wages, salaries and commissions $ 264,566 $ 237,867 Benefits 24,239 24,100 $ 288,805 $ 261,967

Note 26 - Impairment Testing of

Note 26 - Impairment Testing of Goodwill and Intangible Assets With Indefinite Lives	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of impairment of assets [text block]	26. IMPAIRMENT TESTING OF GOODWILL AND INTANGIBLE ASSETS WITH INDEFINITE LIVES Goodwill acquired through business combinations and intangible assets with indefinite lives have been allocated to one four not March 31, 2019. For impairment testing, goodwill and brand have been allocated as follows as at March 31, 2019: Consumer segment Commercial segment North America U.K. North America Goodwill $ 168,003 $ 13,355 $ 158,563 Brand 19,570 - 14,734 $ 187,573 $ 13,355 $ 173,297 The goodwill of $38.2 Just Energy considers the relationship between its market capitalization and its book value, among other factors, when reviewing for indicators of impairment. As at March 31, 2019, The recoverable amount of each of the operating segments has been determined based on a fair value less costs of disposal model using fiscal 2019’s 2

Note 27 - Earnings (Loss) Per S

Note 27 - Earnings (Loss) Per Share	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of earnings per share [text block]	27. EARNINGS (LOSS) PER SHARE For the For the BASIC EARNINGS (LOSS) PER SHARE Earnings (loss) from continuing operations available to shareholders $ (100,299 ) $ 515,221 Dividend to preferred shareholders - net of tax 8,959 8,364 Earnings (loss) from continuing operations available to shareholders - net (109,258 ) 506,857 Basic weighted average shares outstanding 149,138,797 147,039,737 Basic earnings (loss) per share from continuing operations available to shareholders $ (0.73 ) $ 3.45 Basic earnings (loss) per share available to shareholders $ (0.88 ) $ 3.42 DILUTED EARNINGS (LOSS) PER SHARE Earnings (loss) from continuing operations available to shareholders $ (109,258 ) 506,857 Adjustment for dilutive impact of convertible debentures - 22,407 Adjusted earnings (loss) from continuing operations available to shareholders $ (109,258 ) $ 529,264 Basic weighted average shares outstanding 149,138,797 147,039,737 Dilutive effect of: Restricted share and performance bonus grants 2,409,990 1 2,924,587 Deferred share grants 142,928 1 95,536 Convertible debentures 39,574,831 1 49,979,055 Shares outstanding on a diluted basis 191,266,546 200,038,915 Diluted earnings (loss) from continuing operations per share available to shareholders $ (0.73 ) $ 2.65 Diluted earnings (loss) per share available to shareholders $ (0.88 ) $ 2.62 1 The assumed conversion into shares results in an anti-dilutive position; therefore, these items have not The potentially dilutive instruments are the convertible features on the 6.5% 6.75% $160M 6.75% $100M

Note 28 - Capital Disclosure

Note 28 - Capital Disclosure	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of objectives, policies and processes for managing capital [text block]	28. CAPITAL DISCLOSURE Just Energy defines capital as shareholders’ equity (excluding accumulated other comprehensive income) and long-term debt. Just Energy’s objectives when managing capital are to maintain flexibility by: (i) enabling it to operate efficiently; (ii) providing liquidity and access to capital for growth opportunities; and (iii) providing returns and generating predictable cash flows for dividend payments to shareholders. Just Energy manages the capital structure and makes adjustments to it in light of changes in economic conditions and the risk characteristics of the underlying assets. The Board of Directors does not not March 31, 2019 2018,

Note 29 - Related Party Transac

Note 29 - Related Party Transactions and Key Management Personnel Remuneration	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of related party [text block]	29. RELATED PARTY TRANSACTIONS AND KEY MANAGEMENT PERSONNEL REMUNERATION Parties are considered to be related if one Subsidiaries Transactions between Just Energy and its subsidiaries meet the definition of related party transactions. These transactions are eliminated on consolidation and are not Key management personnel Just Energy’s key management personnel and persons connected with them are also considered to be related parties for disclosure purposes. Key management personnel are defined as those individuals having authority and responsibility for planning, directing and controlling the activities of Just Energy and consist of the Executive Chair, the Chief Executive Officer and the Chief Financial Officer. During the years ended March 31, 2019 2018, March 31, 2019 March 31, 2018 Salaries and benefits $ 2,493 $ 8,939 Share-based compensation, net 1,163 3,738 $ 3,656 $ 12,677 In fiscal 2018, two not 2019. As at March 31, 2019, 669,688 2018 1,774,094

Note 30 - Dividends Paid

Note 30 - Dividends Paid	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of dividends [text block]	30. DIVIDENDS PAID For the year ended March 31, 2019, $0.50 2018 $0.50 $74,557 2018 $73,624 For the year ended March 31, 2019, $0.50 2018 $0.50 $1,284 2018 $1,302 For the year ended March 31, 2019, US$2.125 2018 $2.125 $12,189 2018 $11,380

Note 31 - Commitments and Guara

Note 31 - Commitments and Guarantees	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of commitments and contingent liabilities [text block]	31. COMMITMENTS AND GUARANTEES Commitments for each of the next five As at March 31, 2019 Less than 1–3 years 4–5 years More than Total Premises and equipment leasing $ 5,035 $ 9,902 $ 6,306 $ - $ 21,243 Gas, electricity and non-commodity contracts 1,899,713 1,439,479 119,212 42,089 3,500,493 $ 1,904,748 $ 1,449,381 $ 125,518 $ 42,089 $ 3,521,736 Just Energy has entered into leasing contracts for office buildings and administrative equipment. These leases have a leasing period of between one eight No (a) Surety bonds and letters of credit Pursuant to separate arrangements with Westchester Fire Insurance Company, Travelers Casualty and Surety Company of America, Berkley Insurance Company and Charter Brokerage LLC, Just Energy has issued surety bonds to various counterparties including states, regulatory bodies, utilities and various other surety bond holders in return for a fee and/or meeting certain collateral posting requirements. Such surety bond postings are required in order to operate in certain states or markets. Total surety bonds issued as at March 31, 2019 $70.3 As at March 31, 2019, $94.0 19 (b) Officers and directors Corporate indemnities have been provided by Just Energy to all directors and certain officers of its subsidiaries and affiliates for various items including, but not one (c) Operations In the normal course of business, Just Energy and/or Just Energy’s subsidiaries and affiliates have entered into agreements that include guarantees in favour of third may may $104.9

Note 32 - Supplemental Cash Flo

Note 32 - Supplemental Cash Flow Information	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of changes in non-cash working capital [text block]	32. SUPPLEMENTAL CASH FLOW INFORMATION (a) Adjustments required to reflect net cash receipts from gas sales 2019 2018 Changes in: Accrued gas receivable $ 2,256 $ 459 Gas delivered in excess of consumption (405 ) 516 Accrued gas payable 676 (276 ) Deferred revenue 1,659 (3,575 ) $ 4,186 $ (2,876 ) (b) Net change in working capital As at As at Accounts receivable and unbilled revenue $ (92,923 ) $ (108,900 ) Gas in storage (601 ) 538 Prepaid expenses and deposits (88,184 ) (15,534 ) Provisions 4,309 (3,501 ) Trade and other payables 53,261 90,972 $ (124,138 ) $ (36,425 )

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2019
Discloure of Significant Accounting Policies
Description of accounting policy for determining components of cash and cash equivalents [text block]	Cash and cash equivalents and restricted cash All highly liquid temporary cash investments with an original maturity of three Restricted cash includes cash and cash equivalents, where the availability of funds is restricted by debt arrangements or held in escrow as part of prior acquisition agreements.
Disclosure of accounting policy for gas assets and liabilities [text block]	Accrued gas receivable/accrued gas payable or gas delivered in excess of consumption/deferred revenue Accrued gas receivable from Just Energy’s customers is stated at fair value and results from customers consuming more gas than has been delivered by Just Energy to local distribution companies (“LDCs”). Accrued gas payable represents Just Energy’s obligation to the LDCs for the customers’ excess consumption, over what was delivered to the LDCs. Gas delivered to LDCs in excess of consumption by customers is stated at the lower of cost and net realizable value. Collections from customers in advance of their consumption of gas result in deferred revenue. Assuming normal weather and consumption patterns, during the winter months, customers will have consumed more than was delivered, resulting in the recognition of accrued gas receivable/accrued gas payable. In the summer months, customers will have consumed less than what was delivered, resulting in the recognition of gas delivered in excess of consumption/deferred revenue. These adjustments are applicable solely to the Ontario, Manitoba, Quebec, Saskatchewan and Michigan gas markets.
Description of accounting policy for measuring inventories [text block]	Gas in storage Gas in storage represents the gas delivered to the LDCs in Illinois, Indiana, New York, Ohio, Georgia, Maryland, California and Alberta. The balance will fluctuate as gas is injected into or withdrawn from storage. Gas in storage is valued at the lower of cost and net realizable value, with cost being determined on a weighted average basis. Net realizable value is the estimated selling price in the ordinary course of business.
Description of accounting policy for property, plant and equipment [text block]	Property and equipment (“P&E”) Property and equipment are stated at cost, net of any accumulated depreciation and impairment losses. Cost includes the purchase price and, where relevant, any costs directly attributable to bringing the asset to the location and condition necessary and/or the present value of all dismantling and removal costs. Where major components of property and equipment have different useful lives, the components are recognized and depreciated separately. Just Energy recognizes, in the carrying amount, the cost of replacing part of an item when the cost is incurred and if it is probable that the future economic benefits embodied in the item can be reliably measured. When significant parts of property and equipment are required to be replaced at intervals, Just Energy recognizes such parts as individual assets with specific useful lives and depreciates them accordingly. Likewise, when a major inspection is performed, its cost is recognized in the carrying amount of the equipment as a replacement if the recognition criteria are satisfied. All other repair and maintenance costs are recognized in the consolidated statements of income (loss) as a general and administrative expense when incurred. Depreciation is provided over the estimated useful lives of the assets as follows: Asset category Depreciation method Rate/useful life Furniture and fixtures Declining balance 20% Office equipment Declining balance 20% Computer equipment Declining balance 30% Leasehold improvements Straight-line Term of lease Thermostats Straight-line 5 years Installed assets (water filtration) Straight-line 4-7 years An item of property and equipment and any significant part initially recognized is derecognized upon disposal or when no The useful lives and methods of depreciation are reviewed at each financial year-end and adjusted prospectively, if appropriate.
Description of accounting policy for business combinations [text block]	Business combinations All identifiable assets acquired and liabilities assumed are measured at the acquisition date at fair value. The Company records all identifiable intangible assets including identifiable assets that had not one may not
Description of accounting policy for goodwill [text block]	Goodwill Goodwill is initially measured at cost, which is the excess of the cost of the business combination over Just Energy’s share in the net fair value of the acquiree’s identifiable assets, liabilities and contingent liabilities. Any negative difference is recognized directly in the consolidated statements of income (loss). After initial recognition, goodwill is measured at cost, less impairment losses. For the purpose of impairment testing, goodwill is allocated to each of Just Energy’s operating segments that are expected to benefit from the synergies of the combination, irrespective of whether other assets and liabilities of the acquiree are assigned to those segments.
Description of accounting policy for intangible assets other than goodwill [text block]	Intangible assets Intangible assets acquired outside of a business combination are measured at cost on initial recognition. Intangible assets acquired in a business combination are recorded at fair value on the date of acquisition. Following initial recognition, intangible assets are carried at cost less any accumulated amortization and/or accumulated impairment losses. Intangible assets with finite useful lives are amortized over the useful economic life and assessed for impairment whenever there is an indication that the intangible asset may Internally generated intangible assets are capitalized when the product or process is technically and commercially feasible, the future economic benefit is measurable, Just Energy can demonstrate how the asset will generate future economic benefits and Just Energy has sufficient resources to complete development. The cost of an internally generated intangible asset comprises all directly attributable costs necessary to create, produce and prepare the asset to be capable of operating in the manner intended by management. The goodwill and certain brands are considered to have indefinite lives and are not Gains or losses arising from disposal of an intangible asset are measured as the difference between the net disposal proceeds and the carrying amount of the asset, and are recognized in the consolidated statements of income (loss) when the asset is derecognized. Intangible asset category Amortization method Rate/useful life Customer contracts Straight-line Term of contract Contract relationships Straight-line Term of contract Commodity billing and settlement system Straight-line 5 years Sales network and affinity relationships Straight-line 5-8 years Information technology system development Straight-line 3-5 years Software Straight-line 1 year Technology Straight-line 15 years Brand (Filter Group) Straight-line 10 years
Description of accounting policy for impairment of non-financial assets [text block]	Impairment of non-financial assets Just Energy assesses whether there is an indication that an asset may not An impairment loss is recognized if an asset's carrying amount or that of the CGU to which it is allocated is higher than its recoverable amount. Impairment losses of CGUs are first In the consolidated statements of income (loss), an impairment loss is recognized in the expense category associated with the function of the impaired asset. For assets excluding goodwill, an assessment is made at each reporting date as to whether there is any indication that previously recognized impairment losses may no may not no Goodwill is tested for impairment annually and when circumstances indicate that the carrying value may
Description of accounting policy for leases [text block]	Leases A lease is an arrangement whereby the lessor conveys to the lessee, in return for a payment or series of payments, the right to use an asset for an agreed period of time. Where Just Energy determines that the contractual provisions of a contract contain, or are, a lease and result in the customer assuming the principal risks and rewards of ownership of the asset, the arrangement is a finance lease. Assets subject to finance leases are not IFRS 15, Revenue from Contracts with Customers 15” The determination of whether an arrangement is or contains a lease is based on the substance of the arrangement at the inception date and whether fulfillment of the arrangement is dependent on the use of a specific asset or assets, or the arrangement conveys a right to use the asset. Just Energy as a lessee Operating lease payments are recognized as an expense in the consolidated statements of income (loss) on a straight-line basis over the lease term. Just Energy as a lessor Leases where Just Energy does not Just Energy considers itself to be a dealer lessor with respect to its lease arrangements for thermostats as it has given the customer the choice of either buying or leasing the thermostat. A finance lease of an asset by a dealer lessor gives rise to profit or loss equivalent to that resulting from an outright sale of the underlying asset, at normal selling prices. Just Energy recognizes revenue based on the fair value of the thermostat at the time of completed installation of the thermostat, at which point in time Just Energy has transferred control of the thermostat to the customer. Just Energy also recognizes the cost of sale on the thermostat through cost of goods sold.
Description of accounting policy for financial instruments [text block]	Financial instruments For comparability purposes, the accounting policies below discuss the previous financial instruments treatment under IAS 39, 39” 39 2018. 2019, 9, Financial Instruments 9” 7, Financial assets and liabilities Just Energy classifies its financial assets as either (i) financial assets at fair value through profit or loss, (ii) loans and receivables, (iii) other financial assets, or (iv) available for sale, and its financial liabilities as either (i) financial liabilities at fair value through profit or loss or (ii) other financial liabilities. Appropriate classification of financial assets and liabilities is determined at the time of initial recognition or when reclassified in the consolidated statements of financial position. Financial instruments are recognized on the trade date, which is the date on which Just Energy commits to purchase or sell the asset. Financial assets at fair value through profit or loss Financial assets at fair value through profit or loss include financial assets held for trading and financial assets designated upon initial recognition as at fair value through profit or loss. Financial assets are classified as fair value through profit or loss if they are acquired for the purpose of selling or repurchasing in the near term. This category includes derivative financial instruments entered into that are not 39. not An analysis of fair values of financial instruments and further details as to how they are measured are provided in Note 14. Loans and receivables Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not Financial assets classified as available for sale Available for sale financial assets are held at fair value with gains and losses included in other comprehensive income. Just Energy uses this classification for assets that are not not Derecognition A financial asset is derecognized when the rights to receive cash flows from the asset have expired or when Just Energy has transferred its rights to receive cash flows from the asset. Impairment of financial assets Just Energy assesses whether there is objective evidence that a financial asset is impaired at each reporting date. A financial asset is deemed to be impaired if there is objective evidence of impairment as a result of one For significant individual financial assets carried at amortized cost, Just Energy assesses if impairment significantly exists. Insignificant financial assets are assessed collectively. If Just Energy determines that no not If there is objective evidence that an impairment loss has occurred, the amount of the loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows. The present value of the estimated future cash flows is discounted at the financial asset’s original effective interest rate. The carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is recognized in profit or loss. Interest income continues to be accrued on the reduced carrying amount and is accrued using the rate of interest used to discount the future cash flows for the purpose of measuring the impairment loss. The interest income is recorded as part of other income in the consolidated statements of income (loss). Loans and receivables, together with the associated allowance, are written off when there is no Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss include financial liabilities held for trading and financial liabilities designated upon initial recognition as at fair value through profit or loss. Financial liabilities are classified as held for trading if they are acquired for the purpose of selling in the near term. This category includes derivative financial instruments entered into by Just Energy that are not 39. not Gains or losses on liabilities held for trading are recognized in the consolidated statements of income (loss). Other financial liabilities Other financial liabilities are measured at amortized cost using the effective interest rate method. Financial liabilities include long-term debt issued and are initially measured at fair value. Fair value is the consideration received, net of transaction costs incurred, trade and other payables and bank indebtedness. Transaction costs related to the long-term debt instruments are included in the value of the instruments and amortized using the effective interest rate method. The effective interest expense is included in finance costs in the consolidated statements of income (loss). Derecognition A financial liability is derecognized when the obligation under the liability is discharged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and the recognition of a new liability, and the difference in the respective carrying amounts is recognized in the consolidated statements of income (loss).
Description of accounting policy for derivative financial instruments and hedging [text block]	Derivative instruments Just Energy enters into fixed-term contracts with customers to provide electricity and gas at fixed prices. These customer contracts expose Just Energy to changes in consumption as well as changes in the market prices of gas and electricity. To reduce its exposure to movements in commodity prices, Just Energy enters into contracts with suppliers that expose the Company to changes in prices for the purchase and sale of power and natural gas. These contracts are treated as derivatives as they do not 32, Financial Instruments: Presentation 32” Just Energy analyzes all its contracts, of both a financial and non-financial nature, to identify the existence of any “embedded” derivatives. Embedded derivatives are accounted for separately from the underlying contract at the inception date when their economic characteristics are not not All derivatives are recognized at fair value on the date on which the derivative is entered into and are remeasured to fair value at each reporting date. Derivatives are carried in the consolidated statements of financial position as other financial assets when the fair value is positive and as other financial liabilities when the fair value is negative. Just Energy does not
Description of accounting policy for offsetting of financial instruments [text block]	Offsetting of financial instruments Financial assets and financial liabilities are offset and the net amount reported in the consolidated statements of financial position if, and only if, there is currently an enforceable legal right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the assets and settle the liabilities simultaneously.
Description of accounting policy for fair value measurement [text block]	Fair value of financial instruments Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). The fair value of financial instruments that are traded in active markets at each reporting date is determined by reference to quoted market prices, without any deduction for transaction costs. For financial instruments not may 14.
Description of accounting policy for recognition of revenue [text block]	Revenue recognition For comparability purposes, the accounting policy below discusses the previous revenue recognition treatment under IAS 18, 18” 2018 18. 2019, 15 7, Revenue is recognized when significant risks and rewards of ownership are transferred to the customer. In the case of gas and electricity, transfer of risks and rewards is upon consumption of the commodity. Just Energy recognizes revenue from thermostat leases, based on rental rates over the term commencing from the installation date. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates and sales taxes. The Company assumes credit risk for all customers in Alberta, Texas, Illinois, California, Michigan, Delaware, Ohio, Georgia and the U.K. On all value-added products sold on the market, Just Energy also assumes the credit risk. In these markets, the Company ensures that credit review processes are in place prior to the commodity flowing to the customer.
Description of accounting policy for foreign currency translation [text block]	Foreign currency translation Functional and presentation currency Items included in the consolidated financial statements of each of the Company’s entities are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). For U.S.-based subsidiaries, this is U.S. dollars (“USD”), for subsidiaries based in the U.K. it is British pounds, and for subsidiaries based in Germany and Ireland it is euros. The consolidated financial statements are presented in Canadian dollars, which is the parent Company’s presentation and functional currency. Transactions Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the consolidated statements of income (loss). Translation of foreign operations The results and consolidated financial position of all the group entities that have a functional currency different from the presentation currency are translated into the presentation currency as follows: · assets and liabilities for each consolidated statement of financial position presented are translated at the closing rate as at the date of that consolidated statement of financial position; and · income and expenses for each consolidated statement of income (loss) are translated at the exchange rates prevailing at the dates of the transactions. On consolidation, exchange differences arising from the translation of the net investment in foreign operations are recorded in other comprehensive income (“OCI”). When a foreign operation is partially disposed of or sold, exchange differences that were recorded in accumulated other comprehensive income are recognized in the consolidated statements of income (loss) as part of the gain or loss on sale. Goodwill and fair value adjustments arising on the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity and translated at the closing rate.
Description of accounting policy for earnings per share [text block]	Earnings (loss) per share amounts The computation of earnings (loss) per share is based on the weighted average number of shares outstanding during the year. Diluted earnings (loss) per share are computed in a similar way to basic earnings (loss) per share except that the weighted average number of shares outstanding is increased to include additional shares assuming the exercise of stock options, restricted share grants (“RSGs”), performance bonus incentive grants (“PBGs”), deferred share grants (“DSGs”) and convertible debentures, if dilutive.
Description of accounting policy for share-based payment transactions [text block]	Share-based compensation plans Equity-based compensation liability Share-based compensation plans are equity-settled transactions. The cost of share-based compensation is measured by reference to the fair value at the date on which it was granted. Awards are valued at the grant date and are not When options, RSGs, PBGs and DSGs are exercised or exchanged, the amounts previously credited to contributed deficit are reversed and credited to shareholders' capital.
Description of accounting policy for employee benefits [text block]	Employee future benefits In Canada, Just Energy offers a long-term wealth accumulation plan (the "Canadian Plan") for all permanent full-time and permanent part-time employees (working more than 26 two 2% 2% one one For U.S. employees, Just Energy has established a long-term savings plan (the "U.S. Plan") for all permanent full-time and part-time employees (working more than 30 two 401 3% one one 401 4% one one 401 5% 3% 2% 401 Participation in the plans in Canada or the U.S. is voluntary. For the 401 two six Obligations for contributions to the Canadian and U.S. Plans are recognized as an expense in the consolidated statements of income (loss) when the employee makes a contribution.
Description of accounting policy for income tax [text block]	Income taxes Current income tax assets and liabilities for the current and prior periods are measured at the amount expected to be recovered from, or paid to, the taxation authorities. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted at the reporting date in the countries where Just Energy operates and generates taxable income. Current income taxes relating to items recognized directly in OCI or equity are recognized in OCI or equity and not Just Energy follows the liability method of accounting for deferred income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to the temporary differences between the carrying value of the assets and liabilities in the consolidated financial statements and their respective tax bases. Deferred income tax liabilities are recognized for all taxable temporary differences except: · where the deferred income tax liability arises from the initial recognition of goodwill or of an asset or liability in a transaction that is not · in respect of taxable temporary differences associated with investments in subsidiaries, where the timing of the reversal of the temporary differences can be controlled by the parent and it is probable that the temporary differences will not Deferred income tax assets are recognized for all deductible temporary differences, the carryforward of unused tax credits and any unused tax losses, to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, and the carryforward of unused tax credits and unused tax losses, can be utilized except: · where the deferred income tax asset relating to the deductible temporary difference arises from the initial recognition of an asset or liability in a transaction that is not · in respect of deductible temporary differences associated with investments in subsidiaries, deferred income tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred income tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no Deferred income tax assets and liabilities are measured at the tax rates that are expected to apply to the year when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred income taxes relating to items recognized in cumulative translation adjustment or equity is recognized in cumulative translation adjustment or equity and not Deferred income tax assets and deferred income tax liabilities are offset, if a legally enforceable right exists to set off current income tax assets against current income tax liabilities and the deferred income taxes relate to the same taxable entity and the same taxation authority.
Description of accounting policy for provisions [text block]	Provisions and restructuring Provisions are recognized when Just Energy has a present obligation, legal or constructive, as a result of a past event and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the amount of the obligation. Where Just Energy expects some or all provisions to be reimbursed, the reimbursement is recognized as a separate asset but only when the reimbursement is virtually certain. The expense relating to any provision is presented in the consolidated statements of income (loss), net of any reimbursement. If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, where appropriate, the risks specific to the liability. Restructuring provisions comprise activities including termination or relocation of a business, management structural reorganization and employee-related costs. Incremental costs directly associated with the restructuring are included in the restructuring provision. Costs associated with ongoing activities, including training or relocating continuing staff, are excluded from the provision. Measurement of the provision is at the best estimate of the anticipated costs to be incurred. Where discounting is used, the increase in the provision due to the passage of time is recognized as a finance cost in the consolidated statements of income (loss).
Description of accounting policy for expenses [text block]	Selling and marketing expenses Commissions and various other costs related to obtaining and renewing customer contracts are charged to income in the period incurred except as disclosed below: Commissions related to obtaining and renewing Commercial customer contracts are paid in one Just Energy recognizes the incremental acquisition costs of obtaining a customer contract as an asset as these costs would not not one
Description of accounting policy for regulatory deferral accounts [text block]	Green provision and certificates Just Energy is a retailer of green energy and records a provision to its regulators as green energy sales are recognized. A corresponding cost is included in cost of sales. Just Energy measures its provision based on the extent of green certificates that it holds or has committed to purchase and has recorded this obligation net of its green certificates. Any provision balance in excess of the green certificates held or that Just Energy has committed to purchase is measured at fair value. Green certificates are purchased by Just Energy to settle its obligation with the regulators. Any green energy-related derivatives are forward contracts and are recognized in accordance with the accounting policy discussed under financial instruments above.
Description of accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations [text block]	Non-current assets held for sale and discontinued operations Just Energy classifies non-current assets and disposal groups as held for sale if their carrying amounts will be recovered principally through a sale transaction rather than through continuing use. Non-current assets and disposal groups classified as held for sale are measured at the lower of their carrying amount and fair value less costs to sell. The criteria for the held for sale classification is regarded as met only when the sale is highly probable, and the asset or disposal group is available for immediate sale in its present condition. Management must be committed to the sale, which should be expected to qualify for recognition as a completed sale within one not

Note 4 - Significant Accounti_2

Note 4 - Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of useful lives for property, plant, and equipment [text block]	Asset category Depreciation method Rate/useful life Furniture and fixtures Declining balance 20% Office equipment Declining balance 20% Computer equipment Declining balance 30% Leasehold improvements Straight-line Term of lease Thermostats Straight-line 5 years Installed assets (water filtration) Straight-line 4-7 years
Disclosure of useful lives and amortisation rates for intangible assets [text block]	Intangible asset category Amortization method Rate/useful life Customer contracts Straight-line Term of contract Contract relationships Straight-line Term of contract Commodity billing and settlement system Straight-line 5 years Sales network and affinity relationships Straight-line 5-8 years Information technology system development Straight-line 3-5 years Software Straight-line 1 year Technology Straight-line 15 years Brand (Filter Group) Straight-line 10 years

Note 5 - Revision of Prior Pe_2

Note 5 - Revision of Prior Period Financial Statement (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Description of nature of accounting errors in prior periods [text block]	As previously reported Adjustment As revised Trade and other receivables $ 664,528 $ (5,684 ) $ 658,844 Gas in storage 11,812 (9,470 ) 2,342 Other current assets 109,697 2,517 112,214 Trade and other payables (583,655 ) (6,363 ) (590,018 ) Deferred revenue (41,684 ) 2,974 (38,710 ) Income tax payable (7,304 ) 1,818 (5,486 ) Deficit $ (1,066,931 ) $ (14,208 ) $ (1,081,139 )

Note 7 - Accounting Policies _2

Note 7 - Accounting Policies and New Standards Adopted (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of standards and interpretations that are issued, but not yet effective [text block]	Original IAS 18 Carrying amount New IFRS 15 Current assets Customer acquisition costs $ 31,852 $ 43,152 Non-current financial assets Customer acquisition costs $ 17,101 $ 34,162
Disclosure of the effect of the adoption of IFRS 15 on interim condensed consolidated statements of financial position [text block]	As at March 31, Balances Effect of Current assets Customer acquisition costs $ 75,707 $ 31,865 $ 43,842 Non-current financial assets Customer acquisition costs $ 46,416 $ 17,830 $ 28,586
Disclosure of the movement from the effect of the adoption of IFRS 15 [text block]	Current assets Non-current assets Opening balance $ 41,704 $ 34,106 Capitalization 98,483 39,552 Amortization (64,480 ) (27,242 ) Closing balance $ 75,707 $ 46,416
Disclosure of the effect of the adoption of IFRS 15 on interim condensed consolidated statements of comprehensive income (loss) [text block]	For the Balances Effect of Sales $ 3,812,470 $ 3,812,470 $ - Cost of sales 3,100,255 3,100,255 - Gross margin 712,215 712,215 - Expenses Administrative 206,820 206,820 - Selling and marketing 232,030 264,558 (32,528 ) Other operating expenses 115,016 115,016 - Restructuring costs 16,078 16,078 - 569,944 602,472 (32,528 ) Operating profit before the following 142,271 109,743 32,528 Finance costs (88,072 ) (88,072 ) - Change in fair value of derivative instruments and other (153,226 ) (153,226 ) - Other income -net 1,365 1,365 - Loss before income taxes (97,662 ) (130,190 ) 32,528 Provision for income taxes 2,829 2,829 - Profit (loss) from continuing operations (100,491 ) (133,019 ) 32,528 Loss from discontinued operations (22,379 ) (22,379 ) - Loss for the period $ (122,870 ) $ (155,398 ) $ 32,528 Attributable to: Shareholders of Just Energy $ (122,678 ) $ (155,206 ) $ 32,528 Non-controlling interest (192 ) (192 ) - Loss for the period $ (122,870 ) $ (155,398 ) $ 32,528 Loss per share available to shareholders Basic $ (0.73 ) $ (1.26 ) $ 0.53 Diluted $ (0.73 ) $ (1.26 ) $ 0.53
Disclosure of transaction price allocated to remaining performance obligations [text block]	April 1, 2019 to April 1, 2020 to April 1, 2021 to Years Total Gas and electricity flat-bill contracts $ 29,122 $ 22,564 $ 12,998 $ 10,952 $ 75,636
Disclosure of financial assets to which overlay approach is applied [text block]	Impairment allowance Remeasurement Lifetime expected credit Trade and other receivables $ 60,121 $ 11,237 $ 71,358 Unbilled revenue $ - $ 12,399 $ 12,399

Note 9 - Trade and Other Rece_2

Note 9 - Trade and Other Receivables (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of the components of trade and other receivables [text block]	As at As at March 31, 2019 March 31, 2018 Trade account receivables, net $ 476,173 $ 326,399 Accrued gas receivable 13,637 15,893 Unbilled revenue 277,556 301,577 Other 16,414 14,975 $ 783,780 $ 658,844

Note 10 - Other Current and N_2

Note 10 - Other Current and Non-current Assets (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of the components of prepayments and other assets [text block]	As at As at Prepaid expenses and deposits $ 45,709 $ 35,078 Customer acquisition costs 75,707 31,852 Green certificates 39,749 42,230 Gas delivered in excess of consumption 3,121 2,715 Inventory 4,954 339 $ 169,240 $ 112,214 As at As at Customer acquisition costs $ 46,416 $ 17,101 Income taxes recoverable 3,096 2,336 Other long-term assets - 550 $ 49,512 $ 19,987

Note 12 - Property, Plant and_2

Note 12 - Property, Plant and Equipment (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of detailed information about property, plant and equipment [text block]	As at March 31, 2019 Computer equipment Furniture Installed Office Thermo- Leasehold Total Cost: Opening balance - April 1, 2018 $ 22,173 $ 6,861 $ - $ 15,209 $ 13,238 $ 4,894 $ 62,375 Additions 7,468 58 707 311 - 114 8,658 Acquisition - - 4,827 773 - 554 6,154 Assets held for sale (5 ) (4 ) - (60 ) - - (69 ) Retirements - (309 ) - - (192 ) (1,078 ) (1,579 ) Exchange differences 340 95 15 32 131 312 925 Ending balance, March 31, 2019 29,976 6,701 5,549 16,265 13,177 4,796 76,464 Accumulated depreciation: Opening balance - April 1, 2018 (13,984 ) (4,995 ) - (10,776 ) (10,555 ) (3,172 ) (43,482 ) Depreciation charge to cost of sales - - - - (2,666 ) - (2,666 ) Depreciation charge for the year (2,835 ) (178 ) (707 ) (623 ) - (428 ) (4,771 ) Assets held for sale 2 - - (4 ) - (49 ) (51 ) Retirements - 127 - - 202 322 651 Exchange differences (138 ) (61 ) - (61 ) (64 ) 41 (283 ) Ending balance, March 31, 2019 (16,955 ) (5,107 ) (707 ) (11,464 ) (13,083 ) (3,286 ) (50,602 ) Net book value, March 31, 2019 $ 13,021 $ 1,594 $ 4,842 $ 4,801 $ 94 $ 1,510 $ 25,862 As at March 31, 2018 Computer Furniture Office Thermo- Leasehold Total Cost: Opening balance - April 1, 2017 $ 18,672 $ 6,774 $ 14,947 $ 13,471 $ 4,517 $ 58,381 Additions 3,561 147 352 387 391 4,838 Retirements - - - (517 ) - (517 ) Exchange differences (60 ) (60 ) (90 ) (103 ) (14 ) (327 ) Ending balance, March 31, 2018 22,173 6,861 15,209 13,238 4,894 62,375 Accumulated depreciation: Opening balance - April 1, 2017 (11,600 ) (4,776 ) (10,095 ) (7,713 ) (2,515 ) (36,699 ) Depreciation charge to cost of sales - - - (3,116 ) - (3,116 ) Depreciation charge for the year (2,431 ) (262 ) (745 ) - (677 ) (4,115 ) Retirements - - - 208 - 208 Exchange differences 47 43 64 66 20 240 Ending balance, March 31, 2018 (13,984 ) (4,995 ) (10,776 ) (10,555 ) (3,172 ) (43,482 ) Net book value, March 31, 2018 $ 8,189 $ 1,866 $ 4,433 $ 2,683 $ 1,722 $ 18,893

Note 13 - Intangible Assets (Ta

Note 13 - Intangible Assets (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of reconciliation of changes in intangible assets and goodwill [text block]	As at March 31, 2019 Goodwill Brand Technology 1 Customer Sales Other Total Cost: Opening balance - April 1, 2018 $ 300,673 $ 30,205 $ 80,401 $ 18,027 $ 51,963 $ 495 $ 481,764 Acquisition 40,630 3,000 - 12,600 - - 56,230 Assets held for sale - - (2,453 ) - - (3 ) (2,456 ) Additions - - 38,383 - - - 38,383 Exchange differences (1,382 ) 1,100 1,332 623 1,890 (439 ) 3,124 Ending balance, March 31, 2019 339,921 34,305 117,663 31,250 53,853 53 577,045 Accumulated amortization: Opening balance - April 1, 2018 - - (36,309 ) (1,309 ) (42,220 ) - (79,838 ) Assets held for sale - - 18 - - 2 20 Amortization charge for the year - (100 ) (14,927 ) (1,018 ) (6,610 ) - (22,655 ) Exchange differences - - 1,883 (2,142 ) (1,657 ) - (1,916 ) Ending balance, March 31, 2019 - (100 ) (49,335 ) (4,469 ) (50,487 ) 2 (104,389 ) Net book value, March 31, 2019 $ 339,921 $ 34,205 $ 68,328 $ 26,781 $ 3,366 $ 55 $ 472,656 As at March 31, 2018 Goodwill Brand Technology Customer Sales network Other Total Cost: Opening balance - April 1, 2017 $ 289,201 $ 31,154 $ 48,525 $ - $ 53,595 $ - $ 422,475 Acquisition of a subsidiary 14,699 - 1,409 17,387 - 347 33,842 Additions - - 30,938 - - - 30,938 Exchange differences (3,227 ) (949 ) (471 ) 640 (1,632 ) 148 (5,491 ) Ending balance, March 31, 2018 300,673 30,205 80,401 18,027 51,963 495 481,764 Accumulated amortization: Opening balance - April 1, 2017 - - (27,641 ) - (36,847 ) - (64,488 ) Amortization charge for the year - - (8,924 ) (1,309 ) (6,466 ) - (16,699 ) Exchange differences - - 256 - 1,093 - 1,349 Ending balance, March 31, 2018 - - (36,309 ) (1,309 ) (42,220 ) - (79,838 ) Net book value, March 31, 2018 $ 300,673 $ 30,205 $ 44,092 $ 16,718 $ 9,743 $ 495 $ 401,926

Note 14 - Financial Instrumen_2

Note 14 - Financial Instruments (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of financial instruments at fair value through profit or loss [text block]	For the For the Change in fair value of derivative instruments and other Physical forward contracts and options (i) $ (182,117 ) $ 400,583 Financial swap contracts and options (ii) 39,832 59,710 Foreign exchange forward contracts 72 (1,842 ) Share swap (iii) (3,507 ) (4,484 ) 6.5% convertible bond conversion feature 247 7,764 Unrealized foreign exchange on 6.5% convertible bond (8,061 ) 6,101 Weather derivatives 7,796 - Other derivative options (7,488 ) 6,561 Change in fair value of derivative instruments and other $ (153,226 ) $ 474,393
Disclosure of detailed information about financial instruments [text block]	Financial Financial Financial Financial Physical forward contracts and options (i) $ 115,483 $ 7,237 $ 49,601 $ 50,174 Financial swap contracts and options (ii) 18,212 1,876 16,142 8,583 Foreign exchange forward contracts - 56 1,555 - Share swap (iii) - - 11,907 - Other derivative options 10,817 86 182 4,901 As at March 31, 2019 $ 144,512 $ 9,255 $ 79,387 $ 63,658 Financial Financial Financial Financial Physical forward contracts and options $ 198,891 $ 60,550 $ 32,451 $ 29,003 Financial swap contracts and options 8,133 1,342 34,369 22,117 Foreign exchange forward contracts - - 1,068 505 Share swap - - 18,400 - 6.5% convertible bond conversion feature - - - 246 Other derivative options 11,745 2,770 - - As at March 31, 2018 $ 218,769 $ 64,662 $ 86,288 $ 51,871
Disclosure of fair value measurement of assets and liabilities [text block]	Level 1 Level 2 Level 3 Total Derivative financial assets $ - $ - $ 153,766 $ 153,766 Derivative financial liabilities - (6,588 ) (136,456 ) (143,044 ) Total net derivative assets (liabilities) $ - $ (6,588 ) $ 17,310 $ 10,722 Level 1 Level 2 Level 3 Total Derivative financial assets $ - $ - $ 283,431 $ 283,431 Derivative financial liabilities - (21,092 ) (117,067 ) (138,159 ) Total net derivative assets (liabilities) $ - $ (21,092 ) $ 166,364 $ 145,272
Disclosure of fair value measurement of liabilities [text block]	Year ended Year ended Balance, beginning of year $ 166,364 $ (315,110 ) Total gains 19,644 105,709 Purchases 11,502 207,531 Sales (25,575 ) (64,464 ) Settlements (154,625 ) 232,698 Balance, end of year $ 17,310 $ 166,364
Disclosure of fair value measurement of assets [text block]	Level 1 Level 2 Level 3 Total Investment in ecobee $ - $ - $ 32,888 $ 32,888 Investment in Energy Earth - 4,009 - 4,009 Total investments $ - $ 4,009 $ 32,888 $ 36,897
Disclosure of financial assets that are either past due or impaired [text block]	March 31, 2019 March 31, 2018 Current $ 116,892 $ 113,786 1–30 days 42,562 44,374 31–60 days 22,317 21,241 61–90 days 16,352 12,686 Over 90 days 100,580 69,207 $ 298,703 $ 261,294
Disclosure Of Allowance For Credit Losses [text block]	March 31, 2019 March 31, 2018 Balance, beginning of year $ 60,121 $ 49,431 Provision for doubtful accounts 81,037 56,300 Bad debts written off (90,231 ) (41,802 ) Adjustment from IFRS 9 adoption 23,636 - Foreign exchange (3,363 ) (3,808 ) Balance, end of year $ 71,200 $ 60,121
Disclosure of maturity analysis for non-derivative financial liabilities [text block]	Carrying Contractual Less than 1–3 years 4–5 years More than Trade and other payables $ 714,110 $ 714,110 $ 714,110 $ - $ - $ - Long-term debt 1 725,372 781,701 39,150 210,564 531,987 - Gas, electricity and non-commodity contracts 143,045 3,500,493 1,899,713 1,439,479 119,212 42,089 $ 1,582,527 $ 4,996,304 $ 2,652,973 $ 1,650,043 $ 651,199 $ 42,089 Carrying Contractual Less than 1–3 years 4–5 years More than Trade and other payables $ 622,797 $ 622,797 $ 622,797 $ - $ - $ - Long-term debt 1 543,504 575,525 122,115 193,410 260,000 - Gas, electricity and non-commodity contracts 138,159 3,171,037 1,867,389 1,202,949 69,658 31,041 $ 1,304,460 $ 4,369,359 $ 2,612,301 $ 1,396,359 $ 329,658 $ 31,041
Disclosure of maturity analysis for contractual net interest payments [text block]	Less than 1 year 1–3 years 4–5 years More than 5 years Interest payments $ 40,765 $ 80,234 $ 40,600 $ -

Note 15 - Trade and Other Pay_2

Note 15 - Trade and Other Payables (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of detailed information about trade and other payables [text block]	As at As at Commodity suppliers' payables $ 189,554 $ 176,831 Accrued liabilities 112,039 135,733 Green provisions 151,992 152,542 Sales tax payable 22,969 15,794 Trade accounts payable 184,257 45,887 Payable for former JV partner 22,625 26,375 Accrued gas payable 12,937 18,624 Other payables 17,737 18,232 $ 714,110 $ 590,018

Note 16 - Deferred Revenue (Tab

Note 16 - Deferred Revenue (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Explanation of significant changes in contract assets and contract liabilities [text block]	Fiscal 2019 Fiscal 2018 Balance, beginning of year $ 38,710 $ 17,546 Additions to deferred revenue 569,880 553,050 Revenue recognized during the year (563,922 ) (534,265 ) Foreign Exchange impact (1,440 ) 2,379 Balance, end of year $ 43,228 $ 38,710

Note 17 - Acquisition of Busi_2

Note 17 - Acquisition of Businesses (Tables)	12 Months Ended
	Mar. 31, 2019
Filter Group Inc [member]
Statement Line Items [Line Items]
Disclosure of detailed information about business combinations [text block]	NET ASSETS ACQUIRED Working capital $ 898 Property and equipment 6,154 Intangible assets 15,600 Goodwill 38,217 Long-term debt (21,611 ) Total consideration $ 39,258 Cash consideration $ 3,000 Payable to shareholders 11,314 Contingent consideration 24,944 Total consideration $ 39,258
EdgePower Inc. [member]
Statement Line Items [Line Items]
Disclosure of detailed information about business combinations [text block]	NET ASSETS ACQUIRED Working capital $ 993 Intangible assets 14,198 Goodwill 7,673 Deferred tax liabilities (3,820 ) Total consideration $ 19,044 Cash paid, net of working capital adjustment $ 10,078 Common shares issued 8,966 Total consideration $ 19,044

Note 18 - Discontinued Operat_2

Note 18 - Discontinued Operations (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Schedule of non-current assets held for sale and discontinued operations [text block]	2019 2018 Sales $ 19,729 $ 3,012 Cost of sales 19,347 2,596 Gross margin 382 416 Expenses Administrative, selling and operating expenses 12,079 8,455 Operating loss (11,697 ) (8,039 ) Change in fair value of derivative instruments and other - (37 ) Other income (loss) (199 ) 2,134 Loss from discontinued operations before the undernoted (11,896 ) (5,942 ) Provision for income tax expense 4 3 Impairment loss recognized on the remeasurement to estimate fair value less costs to sell 10,479 - LOSS FROM DISCONTINUED OPERATIONS $ (22,379 ) $ (5,945 ) Cash flows used in operating activities $ (13,194 ) (9,259 ) Cash flows used in investing activities $ (1,316 ) $ (2,252 ) Cash flows from financing activities $ 13,856 $ 12,236 ASSETS Current assets Cash and cash equivalents $ 628 Current trade and other receivables 3,007 Income taxes recoverable 50 Other current assets 3,087 Non-current assets Property and equipment 42 Intangible assets 2,157 ASSETS CLASSIFIED AS HELD FOR SALE $ 8,971 Liabilities Trade and other payables $ 4,902 Deferred revenue 298 LIABILITIES RELATING TO ASSETS CLASSIFIED AS HELD FOR SALE $ 5,200

Note 19 - Long-term Debt and _2

Note 19 - Long-term Debt and Financing (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of detailed information about borrowings [text block]	Maturity March 31, 2019 March 31, 2018 Credit facility (a) September 1, 2020 $ 201,577 $ 122,115 Less: Debt issue costs (a) (1,824 ) (664 ) Filter Group financing (b) 17,577 - 8.75% loan (c) September 12, 2023 240,094 - 6.75% $100M convertible debentures (d) March 31, 2023 87,520 85,760 6.75% $160M convertible debentures (e) December 31, 2021 150,945 148,146 6.5% convertible bonds (f) July 29, 2019 29,483 188,147 725,372 543,504 Less: Current portion (37,429 ) (121,451 ) $ 687,943 $ 422,053
Disclosure of maturity of debt [text block]	Less than 1–3 years 4–5 years More than Total Credit facility (a) $ - $ 201,577 $ - $ - $ 201,577 Filter Group financing (b) 9,217 8,987 1,186 - 19,390 8.75% loan (c) - - 270,801 - 270,801 6.75% $100M convertible debentures (d) - - 100,000 - 100,000 6.75% $160M convertible debentures (e) - - 160,000 - 160,000 6.5% convertible bonds (f) 29,933 - - - 29,933 $ 39,150 $ 210,564 $ 531,987 $ - $ 781,701
Disclosure of reconciliation of liabilities arising from financing activities [text block]	As at Cash Foreign Non-cash As at Credit facility (a) $ 121,451 $ 77,638 $ - $ 664 $ 199,753 Filter Group financing (b) - 17,577 - - 17,577 8.75% loan (c) - 236,934 4,553 (1,393 ) 240,094 6.75% $100M convertible debentures (d) 85,760 - - 1,760 87,520 6.75% $160M convertible debentures (e) 148,146 - - 2,799 150,945 6.5% convertible bonds (f) 188,147 (169,333 ) 3,508 7,161 29,483 $ 543,504 $ 162,816 $ 8,061 $ 10,991 $ 725,372 Less: Current portion (121,451 ) - - - (37,429 ) $ 422,053 $ 162,816 $ 8,061 $ 10,991 $ 687,943 As at Cash Foreign Non-cash As at Credit facility (a) $ 66,001 $ 53,857 $ - $ 1,593 $ 121,451 6.75% $100M convertible debentures (d) - 95,869 - (10,109 ) 85,760 6.75% $160M convertible debentures (e) 145,579 - - 2,567 148,146 6.5% convertible bonds (f) 190,486 - (6,101 ) 3,762 188,147 5.75% convertible debentures (g) 96,022 (100,000 ) - 3,978 - $ 498,088 $ 49,726 $ (6,101 ) $ 1,791 $ 543,504 Less: Current portion - - - - (121,451 ) $ 498,088 $ 49,726 $ (6,101 ) $ 1,791 $ 422,053
Disclosure of finance cost [text block]	2019 2018 Credit facility (a) $ 20,715 $ 12,883 Filter Group financing (b) 875 - 8.75% loan (c) 8,999 - 6.75% $100M convertible debentures (d) 8,819 497 6.75% $160M convertible debentures (e) 13,598 12,773 6.5% convertible bonds (f) 18,387 15,753 5.75% convertible debentures (g) - 9,173 Collateral management and others (h) 16,679 4,893 $ 88,072 $ 55,972

Note 20 - Provisions (Tables)

Note 20 - Provisions (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of restructuring costs [text block]	Employee-related $ 8,706 Facilities 1,987 Transition agreements 3,187 Other non-headcount related 2,198 Total restructuring costs 16,078 Expended in the year 9,462 Provision at end of the year 6,616 Total restructuring costs $ 16,078

Note 21 - Income Taxes (Tables)

Note 21 - Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of the detailed information of income tax [text block]	2019 2018 Current tax expense $ 6,329 $ 2,552 Deferred tax expense (benefit) Origination and reversal of temporary differences $ (30,110 ) $ 129,177 Benefit arising from previously unrecognized tax loss or temporary difference 26,610 (111,058 ) Deferred tax (benefit) expense (3,500 ) 18,119 Provision for income taxes $ 2,829 $ 20,671
Disclosure of income tax reconciliation [text block]	2019 2018 Income before income taxes $ (120,035 ) $ 539,248 Combined statutory Canadian federal and provincial income tax rate 26.50 % 26.50 % Income tax expense based on statutory rate $ (31,809 ) $ 142,901 Increase (decrease) in income taxes resulting from: Expense (benefit) of mark to market loss and other temporary differences not recognized $ 26,610 $ (111,058 ) Variance between combined Canadian tax rate and the tax rate applicable to foreign earnings 1,993 1,000 Other permanent items 6,035 (12,172 ) Total provision for income taxes $ 2,829 $ 20,671
Disclosure of deferred taxes [text block]	2019 2018 Mark to market losses on derivative instruments $ 10,336 $ 17,580 Tax losses and excess of tax basis over book basis 99,218 78,825 Total deferred income tax assets 109,554 96,405 Offset of deferred income taxes (104,186 ) (93,873 ) Net deferred tax assets $ 5,368 $ 2,532 Partnership income deferred for tax purposes $ (3,542 ) $ (6,249 ) Mark to market gains on derivative instruments (20,683 ) (54,158 ) Book to tax differences on other assets (73,889 ) (30,480 ) Convertible debentures (6,073 ) (2,986 ) Total deferred income tax liabilities (104,187 ) (93,873 ) Offset of deferred income taxes 104,187 93,873 Net deferred income tax liabilities $ - $ -
Disclosure of income tax, deferred tax movements [text block]	Balance Recognized Recognized Other Balance Partnership income deferred for tax $ (6,249 ) $ 2,707 $ - $ - $ (3,542 ) Book to tax differences 48,345 (22,351 ) (638 ) (26 ) 25,330 Mark to market (gains) losses on derivative instruments (36,578 ) 26,231 - - (10,347 ) Convertible debentures (2,986 ) (3,087 ) - - (6,073 ) $ 2,532 $ 3,500 $ (638 ) $ (26 ) $ 5,368 Balance Recognized Recognized Other Balance Partnership income deferred for tax $ (8,281 ) $ 2,032 $ - $ - $ (6,249 ) Book to tax differences 4,269 51,864 (7,788 ) - 48,345 Mark to market (gains) losses on derivative instruments 29,424 (66,002 ) - - (36,578 ) Convertible debentures (4,144 ) 1,158 - - (2,986 ) $ 21,268 $ (10,948 ) $ (7,788 ) $ - $ 2,532
Disclosure of temporary difference, unused tax losses and unused tax credits [text block]	2019 2018 Excess of tax over book basis 16,903 15,824
Disclosure of losses available for carryforward [text block]	2019 2030 $ 136,763 2031 - Total $ 136,763

Note 22 - Shareholders' Capit_2

Note 22 - Shareholders' Capital (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of classes of share capital [text block]	Year ended Year ended Shares Amount Shares Amount Common shares: Issued and outstanding Balance, beginning of year 148,394,152 $ 1,079,055 147,013,538 $ 1,070,076 Share-based awards exercised 1,201,800 9,483 1,643,156 11,954 Acquisition - - 1,415,285 8,966 Repurchase and cancellation of shares - - (1,677,827 ) (11,941 ) Balance, end of year 149,595,952 $ 1,088,538 148,394,152 $ 1,079,055 Preferred shares: Issued and outstanding Balance, beginning of year 4,323,300 $ 136,771 4,040,000 $ 128,363 Shares issued for cash 338,865 10,447 283,300 9,260 Preferred shares issuance cost - (253 ) - (852 ) Balance, end of year 4,662,165 $ 146,965 4,323,300 $ 136,771 Shareholders' capital 154,258,117 $ 1,235,503 152,717,452 $ 1,215,826

Note 23 - Share-based Compens_2

Note 23 - Share-based Compensation Plans (Tables)	12 Months Ended
	Mar. 31, 2019
Deferred share grants [member]
Statement Line Items [Line Items]
Disclosure of number and weighted average exercise prices of other equity instruments [text block]	2019 2018 Balance, beginning of year 69,481 110,012 Less: Granted (69,481 ) (40,531 ) Balance, end of year - 69,481
Performance bonus grants [member]
Statement Line Items [Line Items]
Disclosure of number and weighted average exercise prices of other equity instruments [text block]	2019 2018 Balance, beginning of year 2,270,480 2,650,513 Less: Granted (331,196 ) (812,787 ) Add: Cancelled/forfeited 243,018 432,754 Balance, end of year 2,182,302 2,270,480
Restricted share grants [member]
Statement Line Items [Line Items]
Disclosure of number and weighted average exercise prices of other equity instruments [text block]	2019 2018 Balance, beginning of year 3,004,624 4,107,830 Less: Granted (788,211 ) (1,716,743 ) Add: Cancelled/forfeited 501,361 613,537 Balance, end of year 2,717,774 3,004,624

Note 24 - Reportable Business_2

Note 24 - Reportable Business Segments (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of operating segments [text block]	Consumer Commercial Corporate and shared services Consolidated Sales $ 2,395,624 $ 1,416,846 $ - $ 3,812,470 Gross margin 535,711 176,504 - 712,215 Depreciation of property, plant and equipment 4,567 204 - 4,771 Amortization of intangible assets 20,440 2,215 - 22,655 Administrative expenses 76,709 40,693 89,418 206,820 Selling and marketing expenses 158,770 73,260 - 232,030 Restructuring costs 3,173 4,069 8,836 16,078 Other operating expenses 78,460 9,130 - 87,590 Operating profit (loss) for the period $ 193,592 $ 46,933 $ (98,254 ) $ 142,271 Finance costs (88,072 ) Change in fair value of derivative instruments and other (153,226 ) Other income, net 1,365 Provision for income taxes (2,829 ) Loss for the year from continued operations (100,491 ) Loss from discontinued operations (22,379 ) Loss for the year $ (122,870 ) Capital expenditures $ 39,475 $ 4,068 $ - $ 43,543 As at March 31, 2019 Total goodwill $ 181,358 $ 158,563 $ - $ 339,921 Total assets $ 1,284,435 $ 461,633 $ - $ 1,746,068 Total liabilities $ 1,513,583 $ 201,935 $ - $ 1,715,518 Consumer Commercial Corporate and shared services Consolidated Sales $ 2,232,081 $ 1,391,477 $ - $ 3,623,558 Gross margin 487,175 153,336 - 640,511 Depreciation of property and equipment 3,775 340 - 4,115 Amortization of intangible assets 12,707 3,992 - 16,699 Administrative expenses 64,282 29,153 93,815 187,250 Selling and marketing expenses 161,246 70,982 - 232,228 Other operating expenses 69,690 4,800 - 74,490 Operating profit (loss) for the period $ 175,475 $ 44,069 $ (93,815 ) $ 125,729 Finance costs (55,972 ) Change in fair value of derivative instruments and other 474,393 Other income, net 1,040 Provision for income taxes (20,671 ) Profit for the year from continued operations $ 524,519 Loss from discontinued operations (5,945 ) Profit for the year 518,574 Capital expenditures $ 32,252 $ 3,524 $ - $ 35,776 As at March 31, 2018 Total goodwill $ 147,252 $ 153,421 $ - $ 300,673 Total assets $ 1,135,325 $ 466,068 $ - $ 1,601,393 Total liabilities $ 844,379 $ 540,479 $ - $ 1,384,858
Disclosure of geographical areas [text block]	For the For the Canada $ 413,836 $ 414,183 U.S. 2,624,602 2,465,794 U.K. 774,032 743,581 Total $ 3,812,470 $ 3,623,558 As at March 31, 2019 As at March 31, 2018 Canada $ 266,775 $ 201,985 U.S. 223,802 207,147 International 7,941 11,687 Total $ 498,518 $ 420,819

Note 25 - Other Expenses (Table

Note 25 - Other Expenses (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of other operating expense [text block]	For the For the Amortization of intangible assets $ 22,655 $ 16,547 Depreciation of property and equipment 4,771 4,073 Bad debt expense 81,037 56,331 Share-based compensation 6,133 18,353 Other 420 - $ 115,016 $ 95,304
Disclosure of cost of sales [text block]	For the For the Amortization $ 2,666 $ 3,116 Direct energy costs and other 3,097,589 2,983,047 $ 3,100,255 $ 2,986,163
Disclosure of employee benefits [text block]	For the For the Wages, salaries and commissions $ 264,566 $ 237,867 Benefits 24,239 24,100 $ 288,805 $ 261,967

Note 26 - Impairment Testing _2

Note 26 - Impairment Testing of Goodwill and Intangible Assets With Indefinite Lives (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of intangible assets and goodwill [text block]	Consumer segment Commercial segment North America U.K. North America Goodwill $ 168,003 $ 13,355 $ 158,563 Brand 19,570 - 14,734 $ 187,573 $ 13,355 $ 173,297

Note 27 - Earnings (Loss) Per_2

Note 27 - Earnings (Loss) Per Share (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Earnings per share [text block]	For the For the BASIC EARNINGS (LOSS) PER SHARE Earnings (loss) from continuing operations available to shareholders $ (100,299 ) $ 515,221 Dividend to preferred shareholders - net of tax 8,959 8,364 Earnings (loss) from continuing operations available to shareholders - net (109,258 ) 506,857 Basic weighted average shares outstanding 149,138,797 147,039,737 Basic earnings (loss) per share from continuing operations available to shareholders $ (0.73 ) $ 3.45 Basic earnings (loss) per share available to shareholders $ (0.88 ) $ 3.42 DILUTED EARNINGS (LOSS) PER SHARE Earnings (loss) from continuing operations available to shareholders $ (109,258 ) 506,857 Adjustment for dilutive impact of convertible debentures - 22,407 Adjusted earnings (loss) from continuing operations available to shareholders $ (109,258 ) $ 529,264 Basic weighted average shares outstanding 149,138,797 147,039,737 Dilutive effect of: Restricted share and performance bonus grants 2,409,990 1 2,924,587 Deferred share grants 142,928 1 95,536 Convertible debentures 39,574,831 1 49,979,055 Shares outstanding on a diluted basis 191,266,546 200,038,915 Diluted earnings (loss) from continuing operations per share available to shareholders $ (0.73 ) $ 2.65 Diluted earnings (loss) per share available to shareholders $ (0.88 ) $ 2.62

Note 29 - Related Party Trans_2

Note 29 - Related Party Transactions and Key Management Personnel Remuneration (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of transactions between related parties [text block]	March 31, 2019 March 31, 2018 Salaries and benefits $ 2,493 $ 8,939 Share-based compensation, net 1,163 3,738 $ 3,656 $ 12,677

Note 31 - Commitments and Gua_2

Note 31 - Commitments and Guarantees (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of commitments [text block]	Less than 1–3 years 4–5 years More than Total Premises and equipment leasing $ 5,035 $ 9,902 $ 6,306 $ - $ 21,243 Gas, electricity and non-commodity contracts 1,899,713 1,439,479 119,212 42,089 3,500,493 $ 1,904,748 $ 1,449,381 $ 125,518 $ 42,089 $ 3,521,736

Note 32 - Supplemental Cash F_2

Note 32 - Supplemental Cash Flow Information (Tables)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Disclosure of detailed information of adjustments required to reflect net cash receipts from gas sales [text block]	2019 2018 Changes in: Accrued gas receivable $ 2,256 $ 459 Gas delivered in excess of consumption (405 ) 516 Accrued gas payable 676 (276 ) Deferred revenue 1,659 (3,575 ) $ 4,186 $ (2,876 )
Disclosure of detailed information in changes in non-cash working capital [text block]	As at As at Accounts receivable and unbilled revenue $ (92,923 ) $ (108,900 ) Gas in storage (601 ) 538 Prepaid expenses and deposits (88,184 ) (15,534 ) Provisions 4,309 (3,501 ) Trade and other payables 53,261 90,972 $ (124,138 ) $ (36,425 )

Note 2 - Operations (Details Te

Note 2 - Operations (Details Textual)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Fixed price and price protected program contract period	5
Proportion of ownership interest in associate	8.00%

Note 4 - Significant Accounti_3

Note 4 - Significant Accounting Policies (Details Textual)	12 Months Ended
	Mar. 31, 2019
Statement Line Items [Line Items]
Deferred Profit Sharing Plan, maximum matching percentage of gross earnings	2.00%
Employee Profit Sharing Plan, maximum matching percentage of gross earnings	2.00%
Employee Unit Purchase Plan, maximum matching percentage of gross earnings	3.00%
Defined contribition plan, matching percentage of gross earnings	4.00%
Maximum combined employee unit purchase plan and 401(k) plan matching percentage of gross earnings	5.00%
Maximum combined percentage of gross earnings match for employee unit purchase plan	3.00%
Maximum combined percentage of gross earnings match for 401(k) plan	2.00%
Vesting period for 402(k) plan	2 years
Vesting period for employee unit purchase plan	180 days

Note 4 - Significant Accounti_4

Note 4 - Significant Accounting Policies - Useful Lives of Property, Plant, and Equipment (Details)	12 Months Ended
	Mar. 31, 2019
Fixtures and fittings [member]
Statement Line Items [Line Items]
Depreciations method	Declining balance
Useful life or depreciation rate	20%
Office equipment [member]
Statement Line Items [Line Items]
Depreciations method	Declining balance
Useful life or depreciation rate	20%
Computer equipment [member]
Statement Line Items [Line Items]
Depreciations method	Declining balance
Useful life or depreciation rate	30%
Leasehold improvements [member]
Statement Line Items [Line Items]
Depreciations method	Straight-line
Useful life or depreciation rate	Term of lease
Thermostats [member]
Statement Line Items [Line Items]
Depreciations method	Straight-line
Useful life or depreciation rate	5 years
Installed assets - water filtration [member]
Statement Line Items [Line Items]
Depreciations method	Straight-line
Useful life or depreciation rate	4-7 years

Note 4 - Significant Accounti_5

Note 4 - Significant Accounting Policies - Useful Lives of Intangible Assets (Details)	12 Months Ended
	Mar. 31, 2019
Customer-related intangible assets [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	Term of contract
Contract initiation costs [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	Term of contract
Commodity billing and settlement system [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	5 years
Sales network and affinity relationships [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	5-8 years
Information technology system development [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	3-5 years
Computer software [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	1 year
Technology-based intangible assets [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	15 years
Brand names [member]
Statement Line Items [Line Items]
Amortization method	Straight-line
Useful life and amortization rate	10 years

Note 5 - Revision of Prior Pe_3

Note 5 - Revision of Prior Period Financial Statement (Details Textual) $ in Thousands	12 Months Ended
	Mar. 31, 2018CAD ($)
Retained earnings attributable to accumulated earnings (losses) [member]
Statement Line Items [Line Items]
Increase (decrease) for restatements	$ (14,208)

Note 5 - Revision of Prior Pe_4

Note 5 - Revision of Prior Period Financial Statement - Effect of the Correction on Consolidated Statement of Financial Position (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Trade and other receivables	$ 783,780	$ 658,844
Gas in storage	2,943	2,342
Other current assets	169,240	112,214
Trade and other payables	(714,110)	(590,018)
Deferred revenue	(43,228)	(38,710)
Income tax payable	(11,895)	(5,486)
Deficit	$ (1,271,136)	(1,081,139)
Previously stated [member]
Statement Line Items [Line Items]
Trade and other receivables		664,528
Gas in storage		11,812
Other current assets		109,697
Trade and other payables		(583,655)
Deferred revenue		(41,684)
Income tax payable		(7,304)
Deficit		(1,066,931)
Increase (decrease) due to corrections of prior period errors [member]
Statement Line Items [Line Items]
Trade and other receivables		(5,684)
Gas in storage		(9,470)
Other current assets		2,517
Trade and other payables		(6,363)
Deferred revenue		2,974
Income tax payable		1,818
Deficit		$ (14,208)

Note 7 - Accounting Policies _3

Note 7 - Accounting Policies and New Standards Adopted (Details Textual) - CAD ($) $ in Thousands	Apr. 01, 2018	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Deferred tax liability (asset) at end of period		$ 5,368	$ 2,532	$ 21,268
Transaction price allocated to remaining performance obligations		75,636
Increase (decrease) through conversion of convertible instruments, equity			22,407
Total tax expense (income)		2,829	$ 20,671
Effect of overlay approach reclassification [member]
Statement Line Items [Line Items]
Total tax expense (income)	$ 5,616
Provision for trade receivables and unbilled revenues affetced by IFRS 9 [member]
Statement Line Items [Line Items]
Reclassification adjustments on financial assets that have been de-designated from overlay approach, before tax	23,636
IFRS 15 [member]
Statement Line Items [Line Items]
Deferred tax liability (asset) at end of period	7,493
Total tax expense (income)		$ 2,829
IFRS 9 [member]
Statement Line Items [Line Items]
Increase (decrease) through conversion of convertible instruments, equity	$ (17,863)

Note 7 - Accounting Policies _4

Note 7 - Accounting Policies and New Standards Adopted - Standards and Interpretations That Are Issued (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Apr. 01, 2018	Mar. 31, 2018
Statement Line Items [Line Items]
Customer acquisition costs	$ 75,707		$ 31,852
Customer acquisition costs	46,416		17,101
IAS 18 [member]
Statement Line Items [Line Items]
Customer acquisition costs	31,865		31,852
Customer acquisition costs	17,830		17,101
IFRS15 adoption [member]
Statement Line Items [Line Items]
Customer acquisition costs	75,707	$ 43,152	41,704
Customer acquisition costs	$ 46,416	$ 34,162	$ 34,106

Note 7 - Accounting Policies _5

Note 7 - Accounting Policies and new Standards Adopted - Interim Condensed Consolidated Statements of Financial Position IFRS 15 Effect (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Customer acquisition costs, current	$ 75,707	$ 31,852
Customer acquisition costs, noncurrent	46,416	17,101
IAS 18 [member]
Statement Line Items [Line Items]
Customer acquisition costs, current	31,865	31,852
Customer acquisition costs, noncurrent	17,830	$ 17,101
Increase (decrease) due to application of IFRS 15 [member]
Statement Line Items [Line Items]
Customer acquisition costs, current	43,842
Customer acquisition costs, noncurrent	$ 28,586

Note 7 - Accounting Policies _6

Note 7 - Accounting Policies and New Standards Adopted - Movement After Implementation of IFRS 15 (Details) $ in Thousands	12 Months Ended
	Mar. 31, 2019CAD ($)
Statement Line Items [Line Items]
Opening balance	$ 31,852
Closing balance	75,707
Opening balance	17,101
Closing balance	46,416
IFRS15 adoption [member]
Statement Line Items [Line Items]
Opening balance	41,704
Capitalization	98,483
Amortization	(64,480)
Closing balance	75,707
Opening balance	34,106
Capitalization	39,552
Amortization	(27,242)
Closing balance	$ 46,416

Note 7 - Accounting Policies _7

Note 7 - Accounting Policies and New Standards Adopted - Interim Consolidated Statements of Comprehensive Income (Loss) IFRS 15 Effect (Details) - CAD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Sales	$ 3,812,470	$ 3,623,558
Cost of sales	3,100,255	2,983,047
Gross margin	712,215	640,511
Administrative	206,820	187,250
Selling and marketing	232,030	232,228
Other operating expenses	115,016	95,304
Restructuring costs	16,078
Operating expense excluding cost of sales	569,944	514,782
Operating profit before the following	142,271	125,729
Finance costs	(88,072)	(55,972)
Change in fair value of derivative instruments and other	(153,226)	474,393
Other income -net	1,365	1,040
Loss before income taxes	(97,662)	545,190
Total tax expense (income)	2,829	20,671
Profit (loss) from continuing operations	(100,491)	524,519
Loss from discontinued operations	(22,379)	(5,945)
Loss for the period	(122,870)	518,574
Shareholders of Just Energy	(122,678)	509,276
Non-controlling interest	$ (192)	$ 9,298
Basic earnings (loss) per share from continuing operations available to shareholders (in CAD per share)	$ (0.73)	$ 3.45
Diluted earnings (loss) from continuing operations per share available to shareholders (in CAD per share)	$ (0.73)	$ 2.65
IAS 18 [member]
Statement Line Items [Line Items]
Sales	$ 3,812,470
Cost of sales	3,100,255
Gross margin	712,215
Administrative	206,820
Selling and marketing	264,558
Other operating expenses	115,016
Restructuring costs	16,078
Operating expense excluding cost of sales	602,472
Operating profit before the following	109,743
Finance costs	(88,072)
Change in fair value of derivative instruments and other	(153,226)
Loss before income taxes	(130,190)
Total tax expense (income)	2,829
Profit (loss) from continuing operations	(133,019)
Loss from discontinued operations	(22,379)
Loss for the period	(155,398)
Shareholders of Just Energy	(155,206)
Non-controlling interest	$ (192)
Basic earnings (loss) per share from continuing operations available to shareholders (in CAD per share)	$ (1.26)
Diluted earnings (loss) from continuing operations per share available to shareholders (in CAD per share)	$ (1.26)
IAS 18 [member] | Filter Group Inc [member]
Statement Line Items [Line Items]
Other income -net	$ 1,365
Increase (decrease) due to application of IFRS 15 [member]
Statement Line Items [Line Items]
Sales
Cost of sales
Gross margin
Administrative
Selling and marketing	(32,528)
Other operating expenses
Restructuring costs
Operating expense excluding cost of sales	(32,528)
Operating profit before the following	32,528
Finance costs
Change in fair value of derivative instruments and other
Loss before income taxes	32,528
Total tax expense (income)
Profit (loss) from continuing operations	32,528
Loss from discontinued operations
Loss for the period	32,528
Shareholders of Just Energy	32,528
Non-controlling interest
Basic earnings (loss) per share from continuing operations available to shareholders (in CAD per share)	$ 0.53
Diluted earnings (loss) from continuing operations per share available to shareholders (in CAD per share)	$ 0.53
Increase (decrease) due to application of IFRS 15 [member] | Filter Group Inc [member]
Statement Line Items [Line Items]
Other income -net
IFRS 15 [member]
Statement Line Items [Line Items]
Sales	3,812,470
Cost of sales	3,100,255
Gross margin	712,215
Administrative	206,820
Selling and marketing	232,030
Other operating expenses	115,016
Restructuring costs	16,078
Operating expense excluding cost of sales	569,944
Operating profit before the following	142,271
Finance costs	(88,072)
Change in fair value of derivative instruments and other	(153,226)
Loss before income taxes	(97,662)
Total tax expense (income)	2,829
Profit (loss) from continuing operations	(100,491)
Loss from discontinued operations	(22,379)
Loss for the period	(122,870)
Shareholders of Just Energy	(122,678)
Non-controlling interest	$ (192)
Basic earnings (loss) per share from continuing operations available to shareholders (in CAD per share)	$ (0.73)
Diluted earnings (loss) from continuing operations per share available to shareholders (in CAD per share)	$ (0.73)
IFRS 15 [member] | Filter Group Inc [member]
Statement Line Items [Line Items]
Other income -net	$ 1,365

Note 7 - Accounting Policies _8

Note 7 - Accounting Policies and New Standards Adopted - Revenue to be Recognized (Details) $ in Thousands	Mar. 31, 2019CAD ($)
Statement Line Items [Line Items]
Gas and electricity flat-bill contracts	$ 75,636
Electricity and gas [member]
Statement Line Items [Line Items]
Gas and electricity flat-bill contracts	75,636
Electricity and gas [member] | Revenue from contract recognized April 1, 2019 to March 31, 2020 [member]
Statement Line Items [Line Items]
Gas and electricity flat-bill contracts	29,122
Electricity and gas [member] | Revenue from contract recognized April 1, 2020 to March 31, 2021 [member]
Statement Line Items [Line Items]
Gas and electricity flat-bill contracts	22,564
Electricity and gas [member] | Revenue from contract recognized April 1, 2021 to March 31, 2022 [member]
Statement Line Items [Line Items]
Gas and electricity flat-bill contracts	12,998
Electricity and gas [member] | Revenue from contract recognized after March 31, 2022 [member]
Statement Line Items [Line Items]
Gas and electricity flat-bill contracts	$ 10,952

Note 7 - Accounting Policies _9

Note 7 - Accounting Policies and New Standards Adopted - Reconciliation of Impairment Allowance Balance From IAS 39 to IFRS 9 (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Apr. 01, 2018	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Allowance for credit losses	$ 71,200		$ 60,121	$ 49,431
Trade and other receivables [member] | IFRS 9 [member]
Statement Line Items [Line Items]
Allowance for credit losses		$ 71,358
Trade and other receivables [member] | Effect of overlay approach reclassification [member]
Statement Line Items [Line Items]
Allowance for credit losses		11,237
Unbilled revenue [member] | IFRS 9 [member]
Statement Line Items [Line Items]
Allowance for credit losses		12,399
Unbilled revenue [member] | Effect of overlay approach reclassification [member]
Statement Line Items [Line Items]
Allowance for credit losses		$ 12,399
IAS 39 [member] | Trade and other receivables [member]
Statement Line Items [Line Items]
Allowance for credit losses			60,121
IAS 39 [member] | Unbilled revenue [member]
Statement Line Items [Line Items]
Allowance for credit losses

Note 9 - Trade and Other Rece_3

Note 9 - Trade and Other Receivables - Components of Trade and Other Receivables (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Trade account receivables, net	$ 476,173	$ 326,399
Accrued gas receivable	13,637	15,893
Unbilled revenue	277,556	301,577
Other	16,414	14,975
Trade and other current receivables	$ 783,780	$ 658,844

Note 10 - Other Current and N_3

Note 10 - Other Current and Non-current Assets - Components of Prepaid Expenses, Deposits, and Other Current Assets (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Prepaid expenses and deposits	$ 45,709	$ 35,078
Customer acquisition costs	75,707	31,852
Green certificates	39,749	42,230
Gas delivered in excess of consumption	3,121	2,715
Inventory	4,954	339
Current prepayments and other current assets	169,240	112,214
Customer acquisition costs	46,416	17,101
Income taxes recoverable	3,096	2,336
Other long-term assets		550
Other non-current assets	$ 49,512	$ 19,987

Note 11 - Investments (Details

Note 11 - Investments (Details Textual) - CAD ($) $ in Millions	Aug. 10, 2012	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Proportion of ownership interest in associate		8.00%
Ecobee [member]
Statement Line Items [Line Items]
Purchase of investments other than investments accounted for using equity method	$ 6.4		$ 0.4	$ 5.4
Proportion of ownership interest in associate		8.00%
Gains (losses) on available-for-sale financial assets		$ 32.9	$ 32.4

Note 12 - Property, Plant and_3

Note 12 - Property, Plant and Equipment - Reconciliation of Property, Plant, and Equipment (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Property, plant and equipment, balance	$ 18,893
Capital expenditures	43,543	$ 35,776
Depreciation charge to cost of sales	2,666	3,116
Property, plant and equipment, balance	25,862	18,893
Computer equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	8,189
Property, plant and equipment, balance	13,021	8,189
Fixtures and fittings [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	1,866
Property, plant and equipment, balance	1,594	1,866
Installed assets - water filtration [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	4,842
Office equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	4,433
Property, plant and equipment, balance	4,801	4,433
Thermostats [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	2,683
Property, plant and equipment, balance	94	2,683
Leasehold improvements [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	1,722
Property, plant and equipment, balance	1,510	1,722
Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	62,375	58,381
Capital expenditures	8,658	4,838
Acquisition	6,154
Assets held for sale	(69)
Retirements	(1,579)	(517)
Exchange differences	925	(327)
Property, plant and equipment, balance	76,464	62,375
Gross carrying amount [member] | Computer equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	22,173	18,672
Capital expenditures	7,468	3,561
Acquisition
Assets held for sale	(5)
Retirements
Exchange differences	340	(60)
Property, plant and equipment, balance	29,976	22,173
Gross carrying amount [member] | Fixtures and fittings [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	6,861	6,774
Capital expenditures	58	147
Acquisition
Assets held for sale	(4)
Retirements	(309)
Exchange differences	95	(60)
Property, plant and equipment, balance	6,701	6,861
Gross carrying amount [member] | Installed assets - water filtration [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance
Capital expenditures	707
Acquisition	4,827
Assets held for sale
Retirements
Exchange differences	15
Property, plant and equipment, balance	5,549
Gross carrying amount [member] | Office equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	15,209	14,947
Capital expenditures	311	352
Acquisition	773
Assets held for sale	(60)
Retirements
Exchange differences	32	(90)
Property, plant and equipment, balance	16,265	15,209
Gross carrying amount [member] | Thermostats [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	13,238	13,471
Capital expenditures		387
Acquisition
Assets held for sale
Retirements	(192)	(517)
Exchange differences	131	(103)
Property, plant and equipment, balance	13,177	13,238
Gross carrying amount [member] | Leasehold improvements [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	4,894	4,517
Capital expenditures	114	391
Acquisition	554
Assets held for sale
Retirements	(1,078)
Exchange differences	312	(14)
Property, plant and equipment, balance	4,796	4,894
Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	(43,482)	(36,699)
Assets held for sale	(51)
Retirements	651	208
Exchange differences	(283)	240
Depreciation charge to cost of sales	(2,666)	(3,116)
Depreciation charge for the year	(4,771)	(4,115)
Property, plant and equipment, balance	(50,602)	(43,482)
Accumulated depreciation, amortisation and impairment [member] | Computer equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	(13,984)	(11,600)
Assets held for sale	2
Retirements
Exchange differences	(138)	47
Depreciation charge to cost of sales
Depreciation charge for the year	(2,835)	(2,431)
Property, plant and equipment, balance	(16,955)	(13,984)
Accumulated depreciation, amortisation and impairment [member] | Fixtures and fittings [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	(4,995)	(4,776)
Assets held for sale
Retirements	127
Exchange differences	(61)	43
Depreciation charge to cost of sales
Depreciation charge for the year	(178)	(262)
Property, plant and equipment, balance	(5,107)	(4,995)
Accumulated depreciation, amortisation and impairment [member] | Installed assets - water filtration [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance
Assets held for sale
Retirements
Exchange differences
Depreciation charge to cost of sales
Depreciation charge for the year	(707)
Property, plant and equipment, balance	(707)
Accumulated depreciation, amortisation and impairment [member] | Office equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	(10,776)	(10,095)
Assets held for sale	(4)
Retirements
Exchange differences	(61)	64
Depreciation charge to cost of sales
Depreciation charge for the year	(623)	(745)
Property, plant and equipment, balance	(11,464)	(10,776)
Accumulated depreciation, amortisation and impairment [member] | Thermostats [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	(10,555)	(7,713)
Assets held for sale
Retirements	202	208
Exchange differences	(64)	66
Depreciation charge to cost of sales	(2,666)	(3,116)
Depreciation charge for the year
Property, plant and equipment, balance	(13,083)	(10,555)
Accumulated depreciation, amortisation and impairment [member] | Leasehold improvements [member]
Statement Line Items [Line Items]
Property, plant and equipment, balance	(3,172)	(2,515)
Assets held for sale	(49)
Retirements	322
Exchange differences	41	20
Depreciation charge to cost of sales
Depreciation charge for the year	(428)	(677)
Property, plant and equipment, balance	$ (3,286)	$ (3,172)

Note 13 - Intangible Assets (De

Note 13 - Intangible Assets (Details Textual) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Intangible assets and goodwill at end of period	$ 472,656	$ 401,926
Information technology system development [member]
Statement Line Items [Line Items]
Intangible assets and goodwill at end of period	$ 27,300

Note 13 - Intangible Assets - R

Note 13 - Intangible Assets - Reconciliation of Changes in Intangible Assets (Details) - CAD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019		Mar. 31, 2018
Statement Line Items [Line Items]
Intangible assets, balance		$ 401,926
Intangible assets, balance		472,656		$ 401,926
Goodwill [member]
Statement Line Items [Line Items]
Intangible assets, balance		300,673
Intangible assets, balance		339,921		300,673
Brand names [member]
Statement Line Items [Line Items]
Intangible assets, balance		30,205
Intangible assets, balance		34,205	[1]	30,205
Technology-based intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		44,092
Intangible assets, balance		68,328	[1]	44,092
Customer-related intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		16,718
Intangible assets, balance		26,781		16,718
Sales network and affinity relationships [member]
Statement Line Items [Line Items]
Intangible assets, balance		9,743
Intangible assets, balance		3,366		9,743
Other intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		495
Intangible assets, balance		55		495
Gross carrying amount [member]
Statement Line Items [Line Items]
Intangible assets, balance		481,764		422,475
Acquisition		56,230		33,842
Assets held for sale		(2,456)
Additions		38,383		30,938
Exchange differences		3,124		(5,491)
Intangible assets, balance		577,045		481,764
Gross carrying amount [member] | Goodwill [member]
Statement Line Items [Line Items]
Intangible assets, balance		300,673		289,201
Acquisition		40,630		14,699
Assets held for sale
Additions
Exchange differences		(1,382)		(3,227)
Intangible assets, balance		339,921		300,673
Gross carrying amount [member] | Brand names [member]
Statement Line Items [Line Items]
Intangible assets, balance		30,205		31,154
Acquisition		3,000
Assets held for sale
Additions
Exchange differences		1,100		(949)
Intangible assets, balance		34,305		30,205
Gross carrying amount [member] | Technology-based intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		80,401	[1]	48,525
Acquisition			[1]	1,409
Assets held for sale	[1]	(2,453)
Additions		38,383	[1]	30,938
Exchange differences		1,332	[1]	(471)
Intangible assets, balance	[1]	117,663		80,401
Gross carrying amount [member] | Customer-related intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		18,027
Acquisition		12,600		17,387
Assets held for sale
Additions
Exchange differences		623		640
Intangible assets, balance		31,250		18,027
Gross carrying amount [member] | Sales network and affinity relationships [member]
Statement Line Items [Line Items]
Intangible assets, balance		51,963		53,595
Acquisition
Assets held for sale
Additions
Exchange differences		1,890		(1,632)
Intangible assets, balance		53,853		51,963
Gross carrying amount [member] | Other intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		495
Acquisition				347
Assets held for sale		(3)
Additions
Exchange differences		(439)		148
Intangible assets, balance		53		495
Accumulated depreciation, amortisation and impairment [member]
Statement Line Items [Line Items]
Intangible assets, balance		(79,838)		(64,488)
Assets held for sale		20
Exchange differences		(1,916)		1,349
Amortization charge for the year		(22,655)		(16,699)
Intangible assets, balance		(104,389)		(79,838)
Accumulated depreciation, amortisation and impairment [member] | Goodwill [member]
Statement Line Items [Line Items]
Intangible assets, balance
Assets held for sale
Exchange differences
Amortization charge for the year
Intangible assets, balance
Accumulated depreciation, amortisation and impairment [member] | Brand names [member]
Statement Line Items [Line Items]
Intangible assets, balance			[1]
Assets held for sale
Exchange differences			[1]
Amortization charge for the year		(100)	[1]
Intangible assets, balance	[1]	(100)
Accumulated depreciation, amortisation and impairment [member] | Technology-based intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		(36,309)	[1]	(27,641)
Assets held for sale	[1]	18
Exchange differences		1,883	[1]	256
Amortization charge for the year		(14,927)	[1]	(8,924)
Intangible assets, balance	[1]	(49,335)		(36,309)
Accumulated depreciation, amortisation and impairment [member] | Customer-related intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance		(1,309)
Assets held for sale
Exchange differences		(2,142)
Amortization charge for the year		(1,018)		(1,309)
Intangible assets, balance		(4,469)		(1,309)
Accumulated depreciation, amortisation and impairment [member] | Sales network and affinity relationships [member]
Statement Line Items [Line Items]
Intangible assets, balance		(42,220)		(36,847)
Assets held for sale
Exchange differences		(1,657)		1,093
Amortization charge for the year		(6,610)		(6,466)
Intangible assets, balance		(50,487)		(42,220)
Accumulated depreciation, amortisation and impairment [member] | Other intangible assets [member]
Statement Line Items [Line Items]
Intangible assets, balance
Assets held for sale		2
Exchange differences
Amortization charge for the year
Intangible assets, balance		$ 2
[1]	Technology includes work in progress IT projects of $27.3 million

Note 14 - Financial Instrumen_3

Note 14 - Financial Instruments (Details Textual) - CAD ($)	Aug. 22, 2018	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Aug. 21, 2018
Statement Line Items [Line Items]
Number of shares under share swap agreement				2,500,000
Value of shares under share swap agreement	$ 23,803,000				$ 33,803,000
Cash payments for futures contracts, forward contracts, option contracts and swap contracts, classified as financing activities	$ 10,000,000	$ 10,000,000
Foreign exchange basis curve length		5 years
Adjustment to mid-market consensus price, significant unobservable inputs, liabilities		5.00%
Not later than one year [member] | Bottom of range [member]
Statement Line Items [Line Items]
Percentage of forecasted cash flows hedged		50.00%
Not later than one year [member] | Top of range [member]
Statement Line Items [Line Items]
Percentage of forecasted cash flows hedged		90.00%
Later than one year and not later than two years [member] | Bottom of range [member]
Statement Line Items [Line Items]
Percentage of forecasted cash flows hedged		0.00%
Later than one year and not later than two years [member] | Top of range [member]
Statement Line Items [Line Items]
Percentage of forecasted cash flows hedged		50.00%
Equity investments [member]
Statement Line Items [Line Items]
Financial assets, at fair value		$ 36,897,000
Long-term debt [member]
Statement Line Items [Line Items]
Financial liabilities, at fair value		$ 740,600,000	570,100,000
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Borrowings, interest rate		8.75%
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Financial liabilities, at fair value		$ 100,000,000
Borrowings, interest rate		6.75%
The 6.75% convertible bonds [member]
Statement Line Items [Line Items]
Financial liabilities, at fair value		$ 160,000,000
Borrowings, interest rate		6.75%
The 6.5% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate		6.50%
Subordinated unsecured 5.75% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate		5.75%
Commodity price risk [member]
Statement Line Items [Line Items]
Sensitivity analysis for types of market risk, reasonably possible change in risk variable, percent		10.00%
Sensitivity analysis for types of market risk, reasonably possible increase in risk variable, impact on profit or loss before taxes		$ 240,332,000
Sensitivity analysis for types of market risk, reasonably possible decrease in risk variable, impact on profit or loss before taxes		$ (238,089,000)
Currency risk [member]
Statement Line Items [Line Items]
Sensitivity analysis for types of market risk, reasonably possible change in risk variable, percent		5.00%
Sensitivity analysis for types of market risk, reasonably possible change in risk variable, impact on profit or loss		$ 3,800,000
Sensitivity analysis for types of market risk, reasonably possible change in risk variable, impact on other comprehensive income (loss)		$ 14,200,000
Interest rate risk [member]
Statement Line Items [Line Items]
Sensitivity analysis for types of market risk, reasonably possible change in risk variable, percent		1.00%
Sensitivity analysis for types of market risk, reasonably possible change in risk variable, impact on profit or loss before taxes		$ 1,939,000	758,000
Credit risk [member]
Statement Line Items [Line Items]
Risk exposure associated with instruments sharing characteristic		153,767,000	283,431,000
Supplier risk [member]
Statement Line Items [Line Items]
Financial assets, at fair value		8,307,000	4,737,000
Level 3 of fair value hierarchy [member] | Equity investments [member]
Statement Line Items [Line Items]
Financial assets, at fair value		$ 32,888,000
Level 3 of fair value hierarchy [member] | Commodity price risk [member]
Statement Line Items [Line Items]
Sensitivity analysis for types of market risk, reasonably possible change in risk variable, percent		10.00%
Sensitivity analysis for types of market risk, reasonably possible increase in risk variable, impact on profit or loss before taxes		$ 241,661
Sensitivity analysis for types of market risk, reasonably possible decrease in risk variable, impact on profit or loss before taxes		(239,419)
Level 2 of fair value hierarchy [member] | Equity investments [member]
Statement Line Items [Line Items]
Financial assets, at fair value		$ 4,009,000	$ 36,300,000

Note 14 - Financial Instrumen_4

Note 14 - Financial Instruments - Change in Fair Value of Derivative Instruments (Details) - CAD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other		$ (153,226)	$ 474,393
Physical forward contracts and options [member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other	[1]	(182,117)	400,583
Financial swap contracts and options [member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other	[2]	39,832	59,710
Foreign exchange forward contracts [member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other		72	(1,842)
Share swap [member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other	[3]	(3,507)	(4,484)
European-focused senior convertible unsecured 6.5% convertible bonds, conversion feature [member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other		247	7,764
Unrealized foreign exchange on European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other		(8,061)	6,101
Weather derivative [Member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other		7,796
Other derivative options [member]
Statement Line Items [Line Items]
Change in fair value of derivative instruments and other		$ (7,488)	$ 6,561
[1]	Physical forward contracts and options consist of: Electricity contracts with a total remaining volume of 38,759,196 MWh, a weighted average price of $51.29/MWh and expiry dates up to March 31, 2029. Natural gas contracts with a total remaining volume of 92,885,570 GJs, a weighted average price of $3.67/GJ and expiry dates up to December 31, 2024. Renewable energy certificates ("RECs") and emission-reduction credit contracts with a total remaining volume of 4,184,687 MWh and 177,000 tonnes, respectively, a weighted average price of $32.50/REC and $2.68/tonne, respectively, and expiry dates up to December 31, 2028 and December 31, 2021. Electricity generation capacity contracts with a total remaining volume of 4,362 MWCap, a weighted average price of $5226.42/MWCap and expiry dates up to October 31, 2023. Ancillary contracts with a total remaining volume of 738,532 MWh, a weighted average price of $23.06/MWh and expiry dates up to December 31, 2020.
[2]	Financial swap contracts and options consist of: Electricity contracts with a total remaining volume of 10,333,347 MWh, an average price of $45.19/MWh and expiry dates up to November 30, 2024. Natural gas contracts with a total remaining volume of 134,711,738 GJs, an average price of $3.53/GJ and expiry dates up to December 31, 2024. Electricity generation capacity contracts with a total remaining volume of 69 MWCap, a weighted average price of $304,787.72/MWCap and expiry dates up to October 31, 2020. Ancillary contracts with a total remaining volume of 1,220,145 MWh, a weighted average price of $21.52/MWh and expiry dates up to December 31, 2020.
[3]	Share swap agreement Just Energy has entered into a share swap agreement to manage the consolidated statements of income (loss) volatility associated with the Company's RSG and DSG Plans. The value, on inception, of the 2,500,000 shares under this share swap agreement was approximately $33,803. On August 22, 2018, Just Energy reduced the notional value of the share swap to $23,803 through a payment of $10,000 and renewed the share swap agreement for an additional year. Net monthly settlements received under the share swap agreement are recorded in other income. Just Energy records the fair value of the share swap agreement in the non-current derivative financial liabilities on the consolidated statements of financial position. Changes in the fair value of the share swap agreement are recorded through the consolidated statements of income (loss) as a change in fair value of derivative instruments and other.

Note 14 - Financial Instrumen_5

Note 14 - Financial Instruments - Change in Fair Value of Derivative Instruments (Details) (Parentheticals)	Mar. 31, 2019	Mar. 31, 2018
European-focused senior convertible unsecured 6.5% convertible bonds, conversion feature [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.50%	6.50%
Unrealized foreign exchange on European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.50%	6.50%

Note 14 - Financial Instrumen_6

Note 14 - Financial Instruments - Fair Value of Derivative Financial Assets and Liabilities (Details) - CAD ($) $ in Thousands		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Fair value of derivative financial assets, current		$ 144,512	$ 218,769
Fair value of derivative financial assets		9,255	64,662
Fair value of derivative financial liabilities, current		79,387	86,288
Non-current derivative financial liabilities		63,658	51,871
Physical forward contracts and options [member]
Statement Line Items [Line Items]
Fair value of derivative financial assets, current	[1]	115,483	198,891
Fair value of derivative financial assets	[1]	7,237	60,550
Fair value of derivative financial liabilities, current	[1]	49,601	32,451
Non-current derivative financial liabilities	[1]	50,174	29,003
Financial swap contracts and options [member]
Statement Line Items [Line Items]
Fair value of derivative financial assets, current	[2]	18,212	8,133
Fair value of derivative financial assets	[2]	1,876	1,342
Fair value of derivative financial liabilities, current	[2]	16,142	34,369
Non-current derivative financial liabilities	[2]	8,583	22,117
Foreign exchange forward contracts [member]
Statement Line Items [Line Items]
Fair value of derivative financial assets, current
Fair value of derivative financial assets		56
Fair value of derivative financial liabilities, current		1,555	1,068
Non-current derivative financial liabilities			505
Share swap [member]
Statement Line Items [Line Items]
Fair value of derivative financial assets, current
Fair value of derivative financial assets
Fair value of derivative financial liabilities, current		11,907	18,400
Non-current derivative financial liabilities
Other derivative options [member]
Statement Line Items [Line Items]
Fair value of derivative financial assets, current		10,817	11,745
Fair value of derivative financial assets		86	2,770
Fair value of derivative financial liabilities, current		182
Non-current derivative financial liabilities		$ 4,901
European-focused senior convertible unsecured 6.5% convertible bonds, conversion feature [member]
Statement Line Items [Line Items]
Fair value of derivative financial assets, current
Fair value of derivative financial assets
Fair value of derivative financial liabilities, current
Non-current derivative financial liabilities			$ 246
[1]	Physical forward contracts and options consist of: Electricity contracts with a total remaining volume of 38,759,196 MWh, a weighted average price of $51.29/MWh and expiry dates up to March 31, 2029. Natural gas contracts with a total remaining volume of 92,885,570 GJs, a weighted average price of $3.67/GJ and expiry dates up to December 31, 2024. Renewable energy certificates ("RECs") and emission-reduction credit contracts with a total remaining volume of 4,184,687 MWh and 177,000 tonnes, respectively, a weighted average price of $32.50/REC and $2.68/tonne, respectively, and expiry dates up to December 31, 2028 and December 31, 2021. Electricity generation capacity contracts with a total remaining volume of 4,362 MWCap, a weighted average price of $5226.42/MWCap and expiry dates up to October 31, 2023. Ancillary contracts with a total remaining volume of 738,532 MWh, a weighted average price of $23.06/MWh and expiry dates up to December 31, 2020.
[2]	Financial swap contracts and options consist of: Electricity contracts with a total remaining volume of 10,333,347 MWh, an average price of $45.19/MWh and expiry dates up to November 30, 2024. Natural gas contracts with a total remaining volume of 134,711,738 GJs, an average price of $3.53/GJ and expiry dates up to December 31, 2024. Electricity generation capacity contracts with a total remaining volume of 69 MWCap, a weighted average price of $304,787.72/MWCap and expiry dates up to October 31, 2020. Ancillary contracts with a total remaining volume of 1,220,145 MWh, a weighted average price of $21.52/MWh and expiry dates up to December 31, 2020.

Note 14 - Financial Instrumen_7

Note 14 - Financial Instruments - Fair Value Measurement Input Sensitivity (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Derivative financial assets	$ 153,766	$ 283,431
Derivative financial liabilities	(143,044)	(138,159)
Total net derivative assets (liabilities)	10,722	145,272
Level 1 of fair value hierarchy [member]
Statement Line Items [Line Items]
Derivative financial assets
Derivative financial liabilities
Total net derivative assets (liabilities)
Level 2 of fair value hierarchy [member]
Statement Line Items [Line Items]
Derivative financial assets
Derivative financial liabilities	(6,588)	(21,092)
Total net derivative assets (liabilities)	(6,588)	(21,092)
Level 3 of fair value hierarchy [member]
Statement Line Items [Line Items]
Derivative financial assets	153,766	283,431
Derivative financial liabilities	(136,456)	(117,067)
Total net derivative assets (liabilities)	$ 17,310	$ 166,364

Note 14 - Financial Instrumen_8

Note 14 - Financial Instruments - Reconciliation of Level 3 Assets (Liabilities) (Details) - Level 3 of fair value hierarchy [member] - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Balance, beginning of year	$ 166,364	$ (315,110)
Total gains	19,644	105,709
Purchases	11,502	207,531
Sales	(25,575)	(64,464)
Settlements	(154,625)	232,698
Balance, end of year	$ 17,310	$ 166,364

Note 14 - Financial Instrumen_9

Note 14 - Financial Instruments - Investments (Details) - Equity investments [member] - CAD ($)	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Total investments	$ 36,897,000
Level 1 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments
Level 2 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments	4,009,000	$ 36,300,000
Level 3 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments	32,888,000
Ecobee [member]
Statement Line Items [Line Items]
Total investments	32,888,000
Ecobee [member] | Level 1 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments
Ecobee [member] | Level 2 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments
Ecobee [member] | Level 3 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments	32,888,000
Energy Earth [member]
Statement Line Items [Line Items]
Total investments	4,009,000
Energy Earth [member] | Level 1 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments
Energy Earth [member] | Level 2 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments	4,009,000
Energy Earth [member] | Level 3 of fair value hierarchy [member]
Statement Line Items [Line Items]
Total investments

Note 14 - Financial Instrume_10

Note 14 - Financial Instruments - Aging of Accounts Receivable (Details) - Trade receivables [member] - Credit risk [member] - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Financial assets	$ 298,703	$ 261,294
Current [member]
Statement Line Items [Line Items]
Financial assets	116,892	113,786
No later than one month [member]
Statement Line Items [Line Items]
Financial assets	42,562	44,374
Later than one month and not later than two months [member]
Statement Line Items [Line Items]
Financial assets	22,317	21,241
Later than two months and not later than three months [member]
Statement Line Items [Line Items]
Financial assets	16,352	12,686
Later than three months [member]
Statement Line Items [Line Items]
Financial assets	$ 100,580	$ 69,207

Note 14 - Financial Instrume_11

Note 14 - Financial Instruments - Changes in Allowance for Doubtful Accounts (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Balance, beginning of year	$ 60,121	$ 49,431
Bad debt expense	81,037	56,331
Bad debts written off	(90,231)	(41,802)
Adjustment from IFRS 9 adoption	23,636
Foreign exchange	(3,363)	(3,808)
Balance, end of year	$ 71,200	$ 60,121

Note 14 - Financial Instrume_12

Note 14 - Financial Instruments - Liquidity Risk (Details) - CAD ($) $ in Thousands		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Trade and other payables, carrying amount		$ 714,110	$ 590,018
Total borrowings		725,372	543,504
Gas, electricity and non-commodity contracts, carrying amount		143,044	138,159
Liquidity risk [member]
Statement Line Items [Line Items]
Trade and other payables, carrying amount		714,110	622,797
Trade and other payables, undiscounted cash flows		714,110	622,797
Total borrowings	[1]	725,372	543,504
Long-term debt, undiscounted cash flows	[1]	781,701	575,525
Gas, electricity and non-commodity contracts, carrying amount		143,045	138,159
Gas, electricity and non-commodity contracts, undiscounted cash flows		3,500,493	3,171,037
Total, carrying amount		1,582,527	1,304,460
Total, undiscounted cash flows		4,996,304	4,369,359
Liquidity risk [member] | Not later than one year [member]
Statement Line Items [Line Items]
Trade and other payables, undiscounted cash flows		714,110	622,797
Long-term debt, undiscounted cash flows	[1]	39,150	122,115
Gas, electricity and non-commodity contracts, undiscounted cash flows		1,899,713	1,867,389
Total, undiscounted cash flows		2,652,973	2,612,301
Liquidity risk [member] | Later than one year and not later than three years [member]
Statement Line Items [Line Items]
Trade and other payables, undiscounted cash flows
Long-term debt, undiscounted cash flows	[1]	210,564	193,410
Gas, electricity and non-commodity contracts, undiscounted cash flows		1,439,479	1,202,949
Total, undiscounted cash flows		1,650,043	1,396,359
Liquidity risk [member] | Later than four years and not later than five years [member]
Statement Line Items [Line Items]
Trade and other payables, undiscounted cash flows
Long-term debt, undiscounted cash flows	[1]	531,987	260,000
Gas, electricity and non-commodity contracts, undiscounted cash flows		119,212	69,658
Total, undiscounted cash flows		651,199	329,658
Liquidity risk [member] | Later than five years [member]
Statement Line Items [Line Items]
Trade and other payables, undiscounted cash flows
Long-term debt, undiscounted cash flows	[1]
Gas, electricity and non-commodity contracts, undiscounted cash flows		42,089	31,041
Total, undiscounted cash flows		$ 42,089	$ 31,041
[1]	Included in long-term debt are the 6.75% $100M convertible debentures, 6.75% $160M convertible debentures, 6.5% convertible bonds and 5.75% convertible debentures, which may be settled through the issuance of shares at the option of the holder or Just Energy upon maturity.

Note 14 - Financial Instrume_13

Note 14 - Financial Instruments - Contractual Net Interest Payments (Details) $ in Thousands	Mar. 31, 2019CAD ($)
Not later than one year [member]
Statement Line Items [Line Items]
Interest payments	$ 40,765
Later than one year and not later than three years [member]
Statement Line Items [Line Items]
Interest payments	80,234
Later than four years and not later than five years [member]
Statement Line Items [Line Items]
Interest payments	40,600
Later than five years [member]
Statement Line Items [Line Items]
Interest payments

Note 15 - Trade and Other Pay_3

Note 15 - Trade and Other Payables - Schedule of Payables (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Commodity suppliers' payables	$ 189,554	$ 176,831
Accrued liabilities	112,039	135,733
Green provisions	151,992	152,542
Sales tax payable	22,969	15,794
Trade accounts payable	184,257	45,887
Payable for former JV partner	22,625	26,375
Accrued gas payable	12,937	18,624
Other payables	17,737	18,232
Trade and other current payables	$ 714,110	$ 590,018

Note 16 - Deferred Revenue - Ch

Note 16 - Deferred Revenue - Changes in Deferred Revenue (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Balance, beginning of year	$ 38,710	$ 17,546
Additions to deferred revenue	569,880	553,050
Revenue recognized during the year	(563,922)	(534,265)
Foreign Exchange impact	(1,440)	2,379
Balance, end of year	$ 43,228	$ 38,710

Note 17 - Acquisition of Busi_3

Note 17 - Acquisition of Businesses (Details Textual) $ in Thousands, $ in Millions	Oct. 01, 2018CAD ($)shares	Mar. 31, 2019CAD ($)shares	Mar. 31, 2019CAD ($)shares	Dec. 31, 2018CAD ($)	Mar. 31, 2018shares	Feb. 28, 2018CAD ($)shares	Feb. 28, 2018USD ($)shares	Mar. 31, 2017shares
Ordinary shares [member]
Statement Line Items [Line Items]
Total number of shares issued | shares		149,595,952	149,595,952		148,394,152			147,013,538
EdgePower Inc. [member]
Statement Line Items [Line Items]
Percentage of voting equity interests acquired						100.00%	100.00%
Total consideration transferred, acquisition-date fair value						$ 19,044	$ 14.9
Cash transferred						10,078	$ 7.5
Equity interests of acquirer						$ 8,966
Total number of shares issued | shares						1,415,285	1,415,285
Contingent consideration, range of outcomes, value, high							$ 6
Percentage of EBITDA used to calculate contingent payment						20.00%	20.00%
Contingent liabilities recognised as of acquisition date						$ 0
EdgePower Inc. [member] | Ordinary shares [member]
Statement Line Items [Line Items]
Equity interests of acquirer							$ 7.4
Filter Group Inc [member]
Statement Line Items [Line Items]
Total consideration transferred, acquisition-date fair value	$ 39,258
Cash transferred	3,000
Contingent consideration, range of outcomes, value, high	23,100	$ 31,200	$ 31,200
Contingent liabilities recognised as of acquisition date	24,900			$ 26,800
Financial liabilities recognised as of acquisition date	22,000
Transferable cash payable, acquisition date	$ 14,300
Maximum number of shares issuable for earn-out payments | shares	9,500,000
Maximum number of shares issuable for earn-out payments to satisfy dividends | shares	2,400,000
Earn-out payment periods	3 years
Earn-out payment allocation of shares for cash	50.00%
Earn-out payment allocation of DRIP shares as cash	100.00%
Trade and other payables recognised as of acquisition date	$ 11,314	1,300	1,300
Cash transferred for the assumption of a shareholder debt	13,000
Cash consideration payable for a shareholder debt		11,300	11,300
Current interest payable		700	700
Contingent consideration, range of outcomes, value, low	24,900	27,100	27,100
Contingent liabilities recognised in business combination at end of period	$ 26,800	29,100	29,100
Increase (decrease) in contingent consideration asset (liability)		4,200
Acquisition-related costs recognised as expense for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination			1,200
Revenue of acquiree since acquisition date			6,300
Profit (loss) of acquiree since acquisition date			300
Increase (Decrease) Revenue Combined Entity			11,300
Increase (Decrease) Profit (Loss) of Combined Entity			4,800
Filter Group Inc [member] | Key management personnel of entity or parent [member]
Statement Line Items [Line Items]
Cash consideration payable for a shareholder debt		$ 11,100	$ 11,100
Borrowings, interest rate		1.00%	1.00%
Current interest payable		$ 600	$ 600

Note 17 - Acquisition of Busi_4

Note 17 - Acquisition of Businesses - Net Assets Acquired From EdgePower Inc. (Details) $ in Thousands, $ in Millions	Mar. 31, 2019CAD ($)	Mar. 31, 2018CAD ($)	Feb. 28, 2018CAD ($)	Feb. 28, 2018USD ($)
Statement Line Items [Line Items]
Goodwill	$ 339,921	$ 300,673
EdgePower Inc. [member]
Statement Line Items [Line Items]
Working capital			$ 993
Intangible assets			14,198
Goodwill			7,673
Deferred tax liabilities			(3,820)
Total consideration			19,044
Cash transferred			10,078	$ 7.5
Equity interests of acquirer			8,966
Total consideration transferred, acquisition-date fair value			$ 19,044	$ 14.9

Note 17 - Acquisition of Busi_5

Note 17 - Acquisition of Businesses - Net Assets Acquired From Filter Group Inc. (Details) - Filter Group Inc [member] - CAD ($) $ in Thousands	Mar. 31, 2019	Oct. 01, 2018
Statement Line Items [Line Items]
Working capital		$ 898
Property and equipment		6,154
Intangible assets		15,600
Goodwill		38,217
Long-term debt		(21,611)
Total consideration		39,258
Cash transferred		3,000
Trade and other payables recognised as of acquisition date	$ 1,300	11,314
Contingent consideration		24,944
Total consideration		$ 39,258

Note 18 - Discontinued Operat_3

Note 18 - Discontinued Operations (Details Textual) $ in Millions	12 Months Ended
	Mar. 31, 2019CAD ($)
Disposition of businesses in Germany [member]
Statement Line Items [Line Items]
Impairment loss recognised in profit or loss, goodwill	$ 5.1

Note 18 - Discontinued Operat_4

Note 18 - Discontinued Operations - Discontinued Operations (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Sales	$ 3,812,470	$ 3,623,558
Cost of sales	3,100,255	2,983,047
Gross margin	712,215	640,511
Administrative, selling and operating expenses	569,944	514,782
Operating loss	142,271	125,729
Change in fair value of derivative instruments and other	(153,226)	474,393
Other income -net	1,365	1,040
Profit (loss) before income taxes	(120,037)	539,248
Loss from discontinued operations	(22,379)	(5,945)
Cash and cash equivalents	9,927	48,861	$ 57,376
Current trade and other receivables	783,780	658,844
Income taxes recoverable	18,973	5,617
Other current assets	169,240	112,214
Property and equipment	25,862	18,893
Intangible assets	472,656	401,926
ASSETS CLASSIFIED AS HELD FOR SALE	8,971
Trade and other payables, carrying amount	714,110	590,018
LIABILITIES RELATING TO ASSETS CLASSIFIED AS HELD FOR SALE	5,200
Disposition of businesses in Germany, Ireland, and Japan [member]
Statement Line Items [Line Items]
Provision for income tax expense	4	3
Impairment loss recognized on the remeasurement to estimate fair value less costs to sell	10,479
Loss from discontinued operations	(22,379)	(5,945)
Cash flows used in operating activities	(13,194)	(9,259)
Cash flows used in investing activities	(1,316)	(2,252)
Cash flows from financing activities	13,856	12,236
ASSETS CLASSIFIED AS HELD FOR SALE	8,971
LIABILITIES RELATING TO ASSETS CLASSIFIED AS HELD FOR SALE	5,200
Disposition of businesses in Germany, Ireland, and Japan [member] | Discontinued operations [member]
Statement Line Items [Line Items]
Sales	19,729	3,012
Cost of sales	19,347	2,596
Gross margin	382	416
Administrative, selling and operating expenses	12,079	8,455
Operating loss	(11,697)	(8,039)
Change in fair value of derivative instruments and other		(37)
Other income -net	(199)	2,134
Profit (loss) before income taxes	(11,896)	$ (5,942)
Cash and cash equivalents	628
Current trade and other receivables	3,007
Income taxes recoverable	50
Other current assets	3,087
Property and equipment	42
Intangible assets	2,157
Trade and other payables, carrying amount	4,902
Deferred revenue	$ 298

Note 19 - Long-term Debt and _3

Note 19 - Long-term Debt and Financing (Details Textual) $ / shares in Units, $ / shares in Units, $ in Thousands

Sep. 12, 2018CAD ($)$ / sharesshares

Apr. 18, 2018CAD ($)

Mar. 27, 2018CAD ($)

Feb. 22, 2018CAD ($)$ / shares

Oct. 05, 2016CAD ($)$ / shares

Sep. 30, 2011CAD ($)$ / shares

Mar. 31, 2019CAD ($)

Mar. 31, 2018CAD ($)

Mar. 31, 2019USD ($)

Oct. 01, 2018

Sep. 12, 2018USD ($)shares

Mar. 31, 2018USD ($)

Mar. 31, 2017CAD ($)

Jan. 29, 2014$ / shares

Jan. 29, 2014USD ($)$ / shares

Statement Line Items [Line Items]

Total borrowings

$ 725,372,000

$ 543,504,000

Equity at end of period

30,550,000

216,535,000

Deferred tax liabilities

104,187,000

93,873,000

Increase (decrease) through conversion of convertible instruments, equity

22,407,000

Non-current derivative financial liabilities

63,658,000

51,871,000

Collateral management costs

5,100,000

Supplier term extension charge

4,800,000

Accretion costs relating to acquisitions

5,100,000

Reserve of equity component of convertible instruments [member]

Statement Line Items [Line Items]

Equity at end of period

13,029,000

13,029,000

$ 13,508,000

Increase (decrease) through conversion of convertible instruments, equity

(7,609,000)

Share premium [member]

Statement Line Items [Line Items]

Equity at end of period

(25,540,000)

(22,693,000)

$ 58,266,000

Increase (decrease) through conversion of convertible instruments, equity

7,126,000

Warrants issued in connection to senior unsecured 8.75% term loan [member]

Statement Line Items [Line Items]

Class of warrant or right, issued during period | shares

7,500,000

Class of warrant or right, exercise price of warrants or rights | $ / shares

$ 8.56

Class of warrant or right, number of securities called by each warrant or right | shares

1

1

Credit facility [member]

Statement Line Items [Line Items]

Borrowings, additional term

2

Borrowings facility, maximum borrowing capacity

$ 352,500,000

$ 342,500,000

Borrowings, debt accordion

$ 370,000,000

Borrowings, interest rate

3.75%

3.75%

Total borrowings

$ 201,577,000

122,115,000

[1]

Borrowings, letters of credit

94,000,000

$ 113,400,000

Borrowings, remaining borrowing capacity

$ 56,900,000

Credit facility [member] | London Interbank Offered Rate (LIBOR) [member]

Statement Line Items [Line Items]

Borrowings, adjustment to interest rate basis

3.75%

3.75%

Credit facility [member] | Prime Rate [member]

Statement Line Items [Line Items]

Borrowings, adjustment to interest rate basis

2.75%

2.75%

Credit facility [member] | Prime Rate [member] | Country of domicile [member]

Statement Line Items [Line Items]

Borrowings, interest rate

3.95%

3.95%

Credit facility [member] | Prime Rate [member] | UNITED STATES

Statement Line Items [Line Items]

Borrowings, interest rate

5.50%

5.50%

HTC loan [member]

Statement Line Items [Line Items]

Total borrowings

[2]

$ 17,577,000

HTC loan [member] | Filter Group Inc [member]

Statement Line Items [Line Items]

Borrowings, interest rate

8.99%

HTC loan [member] | Filter Group Inc [member] | Bottom of range [member]

Statement Line Items [Line Items]

Borrowings, term

3

HTC loan [member] | Filter Group Inc [member] | Top of range [member]

Statement Line Items [Line Items]

Borrowings, term

5

Senior unsecured 8.75% term loan [member]

Statement Line Items [Line Items]

Borrowings, interest rate

8.75%

8.75%

[3],[4]

8.75%

[3],[4]

8.75%

Total borrowings

$ 240,094,000

Notional amount

$ 250,000

Senior unsecured 8.75% term loan, tranche one [member]

Statement Line Items [Line Items]

Total borrowings

$ 50,000,000

Senior unsecured 8.75% term loan, tranche two [member]

Statement Line Items [Line Items]

Total borrowings

150,000,000

Senior unsecured 8.75% term loan, tranche three [member]

Statement Line Items [Line Items]

Total borrowings

$ 50,000,000

The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]

Statement Line Items [Line Items]

Borrowings, interest rate

6.75%

6.75%

[5],[6]

6.75%

[6]

6.75%

[5],[6]

6.75%

[6]

Total borrowings

[7]

$ 87,520,000

$ 85,760,000

Notional amount

$ 100,000,000

$ 100,000,000

[5],[6]

100,000,000

[6]

Borrowings, amount of principal for each conversion

$ 1,000

Borrowings, convertible, conversion ratio

112.3596

Borrowings, convertible, conversion price | $ / shares

$ 8.90

Borrowings, convertible, threshold consecutive trading days

20 days

Borrowings, threshold trading days

5 days

Borrowings, convertible, threshold percentage of conversion price

125.00%

Borrowings, effective interest rate

10.70%

Increase (decrease) through conversion of convertible instruments, equity

$ 0

The $100 million 6.75% of convertible unsecured senior subordinated debentures [member] | Reserve of equity component of convertible instruments [member]

Statement Line Items [Line Items]

Equity at end of period

$ 9,700,000

Deferred tax liabilities

$ 2,600,000

The $100 million 6.75% of convertible unsecured senior subordinated debentures [member] | Bottom of range [member]

Statement Line Items [Line Items]

Borrowings, convertible, notice for redemption

30 days

The $100 million 6.75% of convertible unsecured senior subordinated debentures [member] | Top of range [member]

Statement Line Items [Line Items]

Borrowings, convertible, notice for redemption

60 days

Senior subordinated 6.75% convertible debentures [member]

Statement Line Items [Line Items]

Borrowings, interest rate

6.75%

6.75%

[8],[9]

6.75%

[8]

6.75%

[8],[9]

6.75%

[8]

Total borrowings

[10]

$ 150,945,000

$ 148,146,000

Notional amount

$ 160,000,000

$ 160,000,000

[8],[9]

160,000,000

[8]

Borrowings, amount of principal for each conversion

$ 1,000

Borrowings, convertible, conversion ratio

107.5269

Borrowings, convertible, conversion price | $ / shares

$ 9.30

Borrowings, convertible, threshold consecutive trading days

20 days

Borrowings, threshold trading days

5 days

Borrowings, convertible, threshold percentage of conversion price

125.00%

Borrowings, effective interest rate

9.10%

Increase (decrease) through conversion of convertible instruments, equity

$ 0

Senior subordinated 6.75% convertible debentures [member] | Reserve of equity component of convertible instruments [member]

Statement Line Items [Line Items]

Equity at end of period

$ 8,000,000

Deferred tax liabilities

$ 2,100,000

Senior subordinated 6.75% convertible debentures [member] | Bottom of range [member]

Statement Line Items [Line Items]

Borrowings, convertible, notice for redemption

30 days

Senior subordinated 6.75% convertible debentures [member] | Top of range [member]

Statement Line Items [Line Items]

Borrowings, convertible, notice for redemption

60 days

European-focused senior convertible unsecured 6.5% convertible bonds [member]

Statement Line Items [Line Items]

Borrowings, interest rate

6.50%

[11],[12]

6.50%

[12]

6.50%

[11],[12]

6.50%

[12]

6.50%

Notional amount

$ 150,000

Borrowings, convertible, conversion price | (per share)

$ 10.2819

$ 9.3762

Borrowings, effective interest rate

8.80%

Non-current derivative financial liabilities

$ 8,517

European-focused senior convertible unsecured 6.5% convertible bonds [member] | At fair value [member]

Statement Line Items [Line Items]

Total borrowings

$ 127,600

Non-current derivative financial liabilities

$ 200

Unsecured subordinated 5.75% convertible debentures [member]

Statement Line Items [Line Items]

Borrowings, interest rate

5.75%

5.75%

[13]

5.75%

[13]

Notional amount

$ 100,000,000

Borrowings, amount of principal for each conversion

$ 1,000

Borrowings, convertible, conversion ratio

56

Borrowings, convertible, conversion price | $ / shares

$ 17.85

Borrowings, convertible, threshold percentage of conversion price

95.00%

Borrowings redeemed

$ 99,500,000

Total increase (decrease) in liabilities arising from financing activities

(500,000)

Unsecured subordinated 5.75% convertible debentures [member] | Share premium [member]

Statement Line Items [Line Items]

Increase (decrease) through conversion of convertible instruments, equity

$ 7,100,000

Unsecured subordinated 5.75% convertible debentures [member] | Bottom of range [member]

Statement Line Items [Line Items]

Borrowings, convertible, notice for redemption

30 days

Unsecured subordinated 5.75% convertible debentures [member] | Top of range [member]

Statement Line Items [Line Items]

Borrowings, convertible, notice for redemption

60 days

[1]

As of April 18, 2018, the Company has renegotiated an agreement with a syndicate of lenders that includes Canadian Imperial Bank of Commerce ("CIBC"), National Bank of Canada ("National"), HSBC Bank Canada, JPMorgan Chase Bank N.A., Alberta Treasury Branches, Canadian Western Bank and Morgan Stanley Senior Funding, Inc., a subsidiary of Morgan Stanley Bank N.A.. The agreement extends Just Energy's credit facility for an additional two years to September 1, 2020. The facility size was increased to $352.5 million from $342.5 million, with an accordion for Just Energy to draw up to $370 million. Certain principal amount outstanding under the LC facility is guaranteed by Export Development Canada under its Account Performance Security Guarantee Program. Interest is payable on outstanding loans at rates that vary with Bankers' Acceptance rates, LIBOR, Canadian bank prime rate or U.S. prime rate. Under the terms of the operating credit facility, Just Energy is able to make use of Bankers' Acceptances and LIBOR advances at stamping fees 3.750%. Prime rate advances are at a rate of bank prime (Canadian bank prime rate or U.S. prime rate) plus 2.750% and letters of credit are at a rate of 3.750%. Interest rates are adjusted quarterly based on certain financial performance indicators. As at March 31, 2019, the Canadian prime rate was 3.95% and the U.S. prime rate was 5.5%. As at March 31, 2019, $201.6 million has been drawn against the facility and total letters of credit outstanding as of March 31, 2019, amounted to $94.0 million ( March 31, 2018 - $113.4 million). As at March 31, 2019, Just Energy has $56.9 million of the facility remaining for future working capital and/or security requirements. Just Energy's obligations under the credit facility is supported by guarantees of certain subsidiaries and affiliates and secured by a general security agreement and a pledge of the assets and securities of Just Energy and the majority of its operating subsidiaries and affiliates excluding, primarily, the U.K., Barbados, Ireland, Japan and German operations. Just Energy is required to meet a number of financial covenants under the credit facility agreement. As at March 31, 2019, the Company was compliant with all of these covenants.

[2]

Filter Group, which was acquired on October 1, 2018, has an outstanding loan payable to HTC. The loan is a result of factoring receivables to finance the cost of rental equipment over a period of three to five years with HTC and bears interest at 8.99% per annum. Principal and interest are repayable on a monthly basis.

[3]

On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.

[4]

On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.

[5]

On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.

[6]

On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.

[7]

On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.

[8]

On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.

[9]

On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.

[10]

On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.

[11]

On January 29, 2014, Just Energy issued US$150 million of European-focused senior convertible unsecured convertible bonds (the "6.5% convertible bonds"). The 6.5% convertible bonds bear interest at an annual rate of 6.5%, payable semi-annually in arrears in equal installments on January 29 and July 29 in each year and have a maturity date of July 29, 2019. A Conversion Right in respect of a bond may be exercised, at the option of the holder thereof, at any time from May 30, 2014 to July 7, 2019. The initial conversion price is US$9.3762 per common share (being C$10.2819) but is subject to adjustments. In the event of the exercise of a Conversion Right, the Company may, at its option, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation in cash equal to the market value of the underlying shares to be received. As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% convertible bonds has been accounted for as a separate financial liability with an initial value of US$8,517. The remainder of the net proceeds of the 6.5% convertible bonds has been recorded as long-term debt, which is being accreted up to the face value of $150.0 million over the term of the 6.5% convertible bonds using an effective interest rate of 8.8%. At each reporting period, the conversion feature is recorded at fair value with changes in fair value recorded through profit or loss. As at March 31, 2018, the fair value of this conversion feature is US$0.2 million and is included in other non-current financial liabilities. No amounts of the 6.5% convertible bonds have been converted or redeemed as at March 31, 2019. During the fourth quarter of fiscal 2019, Just Energy redeemed $82.0 million of the outstanding balance.

[12]

The collateral management and others include primarily collateral management costs of $5.1 million, supplier credit term extension charge of $4.8 million and accretion costs relating to the acquisition of RV of $5.1 million. During fiscal 2019, with the combination of high temperatures, low power supplies, and a large increase in forward prices, Electric Reliability Council of Texas ("ERCOT") requires increased collateral coverage for upcoming supply trades and potential exposure which would result in cash constraint on working capital. In response, Just Energy entered into a series of physical and financial trades to manage potential exposures to pricing and collateral requirements for purchases from ERCOT. The transactions facilitate Just Energy’s management of ERCOT collateral requirement and as a result Just Energy was able to avoid a large cash borrowing or facility arrangement. In addition, the arrangement as a whole improves the availability of working capital during the term of the contracts without exposing Just Energy to unintended risks associated with the arrangement.

[13]

In September 2011, Just Energy issued $100 million of convertible unsecured subordinated debentures (the "5.75% convertible debentures"), which was used to fund an acquisition. The 5.75% convertible debentures bear interest at an annual rate of 5.75%, payable semi-annually on March 31 and September 30 in each year, and have a maturity date of September 30, 2018. Each $1,000 principal amount of the 5.75% convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 56.0 common shares of Just Energy, representing a conversion price of $17.85. On or after September 30, 2016, the 5.75% convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days’ and not less than 30 days’ prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The Company may, at its option, on not more than 60 days' and not less than 30 days' prior notice, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation to repay all or any portion of the principal amount of the 5.75% convertible debentures that are to be redeemed or that are to mature, by issuing and delivering to the holders thereof that number of freely tradable common shares determined by dividing the principal amount of the 5.75% convertible debentures being repaid by 95% of the current market price on the date of redemption or maturity, as applicable. On March 27, 2018, Just Energy redeemed the 5.75% convertible debentures. Of the amount paid, $99.5 million was recorded as a reduction in the liability component of the 5.75% convertible debentures, a non-cash loss on early redemption of $0.5 million was classified as finance costs, and $7.1 million was recorded as an increase in contributed deficit.

Note 19 - Long-term Debt and _4

Note 19 - Long-term Debt and Financing - Components of Long-term Debt (Details) - CAD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Debt		$ 725,372	$ 543,504
Less: Current portion		(37,429)	(121,451)
Non-current portion of non-current borrowings		687,943	422,053
Credit facility [member]
Statement Line Items [Line Items]
Debt		201,577	122,115	[1]
Less: Debt issue costs	[1]	(1,824)	(664)
HTC loan [member]
Statement Line Items [Line Items]
Debt	[2]	17,577
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Debt		240,094
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Debt	[3]	87,520	85,760
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Debt	[4]	150,945	148,146
European-focused senior convertible unsecured 6.5% convertible bonds, conversion feature [member]
Statement Line Items [Line Items]
Debt	[5]	$ 29,483	$ 188,147
[1]	As of April 18, 2018, the Company has renegotiated an agreement with a syndicate of lenders that includes Canadian Imperial Bank of Commerce ("CIBC"), National Bank of Canada ("National"), HSBC Bank Canada, JPMorgan Chase Bank N.A., Alberta Treasury Branches, Canadian Western Bank and Morgan Stanley Senior Funding, Inc., a subsidiary of Morgan Stanley Bank N.A.. The agreement extends Just Energy's credit facility for an additional two years to September 1, 2020. The facility size was increased to $352.5 million from $342.5 million, with an accordion for Just Energy to draw up to $370 million. Certain principal amount outstanding under the LC facility is guaranteed by Export Development Canada under its Account Performance Security Guarantee Program. Interest is payable on outstanding loans at rates that vary with Bankers' Acceptance rates, LIBOR, Canadian bank prime rate or U.S. prime rate. Under the terms of the operating credit facility, Just Energy is able to make use of Bankers' Acceptances and LIBOR advances at stamping fees 3.750%. Prime rate advances are at a rate of bank prime (Canadian bank prime rate or U.S. prime rate) plus 2.750% and letters of credit are at a rate of 3.750%. Interest rates are adjusted quarterly based on certain financial performance indicators. As at March 31, 2019, the Canadian prime rate was 3.95% and the U.S. prime rate was 5.5%. As at March 31, 2019, $201.6 million has been drawn against the facility and total letters of credit outstanding as of March 31, 2019, amounted to $94.0 million ( March 31, 2018 - $113.4 million). As at March 31, 2019, Just Energy has $56.9 million of the facility remaining for future working capital and/or security requirements. Just Energy's obligations under the credit facility is supported by guarantees of certain subsidiaries and affiliates and secured by a general security agreement and a pledge of the assets and securities of Just Energy and the majority of its operating subsidiaries and affiliates excluding, primarily, the U.K., Barbados, Ireland, Japan and German operations. Just Energy is required to meet a number of financial covenants under the credit facility agreement. As at March 31, 2019, the Company was compliant with all of these covenants.
[2]	Filter Group, which was acquired on October 1, 2018, has an outstanding loan payable to HTC. The loan is a result of factoring receivables to finance the cost of rental equipment over a period of three to five years with HTC and bears interest at 8.99% per annum. Principal and interest are repayable on a monthly basis.
[3]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[4]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On January 29, 2014, Just Energy issued US$150 million of European-focused senior convertible unsecured convertible bonds (the "6.5% convertible bonds"). The 6.5% convertible bonds bear interest at an annual rate of 6.5%, payable semi-annually in arrears in equal installments on January 29 and July 29 in each year and have a maturity date of July 29, 2019. A Conversion Right in respect of a bond may be exercised, at the option of the holder thereof, at any time from May 30, 2014 to July 7, 2019. The initial conversion price is US$9.3762 per common share (being C$10.2819) but is subject to adjustments. In the event of the exercise of a Conversion Right, the Company may, at its option, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation in cash equal to the market value of the underlying shares to be received. As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% convertible bonds has been accounted for as a separate financial liability with an initial value of US$8,517. The remainder of the net proceeds of the 6.5% convertible bonds has been recorded as long-term debt, which is being accreted up to the face value of $150.0 million over the term of the 6.5% convertible bonds using an effective interest rate of 8.8%. At each reporting period, the conversion feature is recorded at fair value with changes in fair value recorded through profit or loss. As at March 31, 2018, the fair value of this conversion feature is US$0.2 million and is included in other non-current financial liabilities. No amounts of the 6.5% convertible bonds have been converted or redeemed as at March 31, 2019. During the fourth quarter of fiscal 2019, Just Energy redeemed $82.0 million of the outstanding balance.

Note 19 - Long-term Debt and _5

Note 19 - Long-term Debt and Financing - Components of Long-term Debt (Details) (Parentheticals) $ in Thousands	Mar. 31, 2019CAD ($)		Sep. 12, 2018USD ($)	Mar. 31, 2018CAD ($)		Feb. 22, 2018CAD ($)	Oct. 05, 2016CAD ($)
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Borrowings, interest rate	8.75%	[1],[2]	8.75%
Face amount			$ 250,000
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[3],[4]		6.75%	[4]	6.75%
Face amount	$ 100,000,000	[3],[4]		$ 100,000,000	[4]	$ 100,000,000
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[5],[6]		6.75%	[5]		6.75%
Face amount	$ 160,000,000	[5],[6]		$ 160,000,000	[5]		$ 160,000,000
European-focused senior convertible unsecured 6.5% convertible bonds, conversion feature [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.50%			6.50%
[1]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[2]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[3]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[4]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[6]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.

Note 19 - Long-term Debt and _6

Note 19 - Long-term Debt and Financing - Future Annual Minimum Repayments (Details) $ in Thousands	Mar. 31, 2019CAD ($)
Statement Line Items [Line Items]
Future annual minimum repayments	$ 781,701
Credit facility [member]
Statement Line Items [Line Items]
Future annual minimum repayments	201,577	[1]
HTC loan [member]
Statement Line Items [Line Items]
Future annual minimum repayments	19,390	[2]
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Future annual minimum repayments	270,801	[3]
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Future annual minimum repayments	100,000	[4]
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Future annual minimum repayments	160,000	[5]
European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Future annual minimum repayments	29,933	[6]
Later than one year and not later than three years [member]
Statement Line Items [Line Items]
Future annual minimum repayments	210,564
Later than one year and not later than three years [member] | Credit facility [member]
Statement Line Items [Line Items]
Future annual minimum repayments	201,577	[1]
Later than one year and not later than three years [member] | HTC loan [member]
Statement Line Items [Line Items]
Future annual minimum repayments	8,987	[2]
Not later than one year [member]
Statement Line Items [Line Items]
Future annual minimum repayments	39,150
Not later than one year [member] | HTC loan [member]
Statement Line Items [Line Items]
Future annual minimum repayments	9,217	[2]
Not later than one year [member] | European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Future annual minimum repayments	29,933	[6]
Later than four years and not later than five years [member]
Statement Line Items [Line Items]
Future annual minimum repayments	531,987
Later than four years and not later than five years [member] | HTC loan [member]
Statement Line Items [Line Items]
Future annual minimum repayments	1,186	[2]
Later than four years and not later than five years [member] | Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Future annual minimum repayments	270,801	[3]
Later than four years and not later than five years [member] | The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Future annual minimum repayments	100,000	[4]
Later than four years and not later than five years [member] | Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Future annual minimum repayments	160,000	[5]
Later than five years [member]
Statement Line Items [Line Items]
Future annual minimum repayments
Later than five years [member] | HTC loan [member]
Statement Line Items [Line Items]
Future annual minimum repayments		[2]
[1]	As of April 18, 2018, the Company has renegotiated an agreement with a syndicate of lenders that includes Canadian Imperial Bank of Commerce ("CIBC"), National Bank of Canada ("National"), HSBC Bank Canada, JPMorgan Chase Bank N.A., Alberta Treasury Branches, Canadian Western Bank and Morgan Stanley Senior Funding, Inc., a subsidiary of Morgan Stanley Bank N.A.. The agreement extends Just Energy's credit facility for an additional two years to September 1, 2020. The facility size was increased to $352.5 million from $342.5 million, with an accordion for Just Energy to draw up to $370 million. Certain principal amount outstanding under the LC facility is guaranteed by Export Development Canada under its Account Performance Security Guarantee Program. Interest is payable on outstanding loans at rates that vary with Bankers' Acceptance rates, LIBOR, Canadian bank prime rate or U.S. prime rate. Under the terms of the operating credit facility, Just Energy is able to make use of Bankers' Acceptances and LIBOR advances at stamping fees 3.750%. Prime rate advances are at a rate of bank prime (Canadian bank prime rate or U.S. prime rate) plus 2.750% and letters of credit are at a rate of 3.750%. Interest rates are adjusted quarterly based on certain financial performance indicators. As at March 31, 2019, the Canadian prime rate was 3.95% and the U.S. prime rate was 5.5%. As at March 31, 2019, $201.6 million has been drawn against the facility and total letters of credit outstanding as of March 31, 2019, amounted to $94.0 million ( March 31, 2018 - $113.4 million). As at March 31, 2019, Just Energy has $56.9 million of the facility remaining for future working capital and/or security requirements. Just Energy's obligations under the credit facility is supported by guarantees of certain subsidiaries and affiliates and secured by a general security agreement and a pledge of the assets and securities of Just Energy and the majority of its operating subsidiaries and affiliates excluding, primarily, the U.K., Barbados, Ireland, Japan and German operations. Just Energy is required to meet a number of financial covenants under the credit facility agreement. As at March 31, 2019, the Company was compliant with all of these covenants.
[2]	Filter Group, which was acquired on October 1, 2018, has an outstanding loan payable to HTC. The loan is a result of factoring receivables to finance the cost of rental equipment over a period of three to five years with HTC and bears interest at 8.99% per annum. Principal and interest are repayable on a monthly basis.
[3]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[4]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[6]	On January 29, 2014, Just Energy issued US$150 million of European-focused senior convertible unsecured convertible bonds (the "6.5% convertible bonds"). The 6.5% convertible bonds bear interest at an annual rate of 6.5%, payable semi-annually in arrears in equal installments on January 29 and July 29 in each year and have a maturity date of July 29, 2019. A Conversion Right in respect of a bond may be exercised, at the option of the holder thereof, at any time from May 30, 2014 to July 7, 2019. The initial conversion price is US$9.3762 per common share (being C$10.2819) but is subject to adjustments. In the event of the exercise of a Conversion Right, the Company may, at its option, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation in cash equal to the market value of the underlying shares to be received. As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% convertible bonds has been accounted for as a separate financial liability with an initial value of US$8,517. The remainder of the net proceeds of the 6.5% convertible bonds has been recorded as long-term debt, which is being accreted up to the face value of $150.0 million over the term of the 6.5% convertible bonds using an effective interest rate of 8.8%. At each reporting period, the conversion feature is recorded at fair value with changes in fair value recorded through profit or loss. As at March 31, 2018, the fair value of this conversion feature is US$0.2 million and is included in other non-current financial liabilities. No amounts of the 6.5% convertible bonds have been converted or redeemed as at March 31, 2019. During the fourth quarter of fiscal 2019, Just Energy redeemed $82.0 million of the outstanding balance.

Note 19 - Long-term Debt and _7

Note 19 - Long-term Debt and Financing - Future Annual Minimum Repayments (Details) (Parentheticals) $ in Thousands	Mar. 31, 2019CAD ($)		Sep. 12, 2018USD ($)	Mar. 31, 2018CAD ($)		Feb. 22, 2018CAD ($)	Oct. 05, 2016CAD ($)	Jan. 29, 2014USD ($)
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Borrowings, interest rate	8.75%	[1],[2]	8.75%
Notional amount			$ 250,000
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[3],[4]		6.75%	[4]	6.75%
Notional amount	$ 100,000,000	[3],[4]		$ 100,000,000	[4]	$ 100,000,000
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[5],[6]		6.75%	[5]		6.75%
Notional amount	$ 160,000,000	[5],[6]		$ 160,000,000	[5]		$ 160,000,000
European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.50%	[7],[8]		6.50%	[8]			6.50%
Notional amount								$ 150,000
[1]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[2]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[3]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[4]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[6]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[7]	On January 29, 2014, Just Energy issued US$150 million of European-focused senior convertible unsecured convertible bonds (the "6.5% convertible bonds"). The 6.5% convertible bonds bear interest at an annual rate of 6.5%, payable semi-annually in arrears in equal installments on January 29 and July 29 in each year and have a maturity date of July 29, 2019. A Conversion Right in respect of a bond may be exercised, at the option of the holder thereof, at any time from May 30, 2014 to July 7, 2019. The initial conversion price is US$9.3762 per common share (being C$10.2819) but is subject to adjustments. In the event of the exercise of a Conversion Right, the Company may, at its option, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation in cash equal to the market value of the underlying shares to be received. As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% convertible bonds has been accounted for as a separate financial liability with an initial value of US$8,517. The remainder of the net proceeds of the 6.5% convertible bonds has been recorded as long-term debt, which is being accreted up to the face value of $150.0 million over the term of the 6.5% convertible bonds using an effective interest rate of 8.8%. At each reporting period, the conversion feature is recorded at fair value with changes in fair value recorded through profit or loss. As at March 31, 2018, the fair value of this conversion feature is US$0.2 million and is included in other non-current financial liabilities. No amounts of the 6.5% convertible bonds have been converted or redeemed as at March 31, 2019. During the fourth quarter of fiscal 2019, Just Energy redeemed $82.0 million of the outstanding balance.
[8]	The collateral management and others include primarily collateral management costs of $5.1 million, supplier credit term extension charge of $4.8 million and accretion costs relating to the acquisition of RV of $5.1 million. During fiscal 2019, with the combination of high temperatures, low power supplies, and a large increase in forward prices, Electric Reliability Council of Texas ("ERCOT") requires increased collateral coverage for upcoming supply trades and potential exposure which would result in cash constraint on working capital. In response, Just Energy entered into a series of physical and financial trades to manage potential exposures to pricing and collateral requirements for purchases from ERCOT. The transactions facilitate Just Energy’s management of ERCOT collateral requirement and as a result Just Energy was able to avoid a large cash borrowing or facility arrangement. In addition, the arrangement as a whole improves the availability of working capital during the term of the contracts without exposing Just Energy to unintended risks associated with the arrangement.

Note 19 - Long-term Debt and _8

Note 19 - Long-term Debt and Financing - Long- Term Debt (Details) - CAD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Long-term debt, beginning balance		$ 543,504	$ 498,088
Cash inflows (outflows)		162,816	49,726
Non-cash changes		10,991	1,791
FX		8,061	(6,101)
Long-term debt, ending balance		725,372	543,504
Short-term borrowings [member]
Statement Line Items [Line Items]
Long-term debt, beginning balance		(121,451)
Cash inflows (outflows)
Non-cash changes
FX
Long-term debt, ending balance		(37,429)	(121,451)
Long-term borrowings [member]
Statement Line Items [Line Items]
Long-term debt, beginning balance		422,053	498,088
Cash inflows (outflows)		162,816	49,726
Non-cash changes		10,991	1,791
FX		8,061	(6,101)
Long-term debt, ending balance		687,943	422,053
Credit facility [member]
Statement Line Items [Line Items]
Long-term debt, beginning balance	[1]	121,451	66,001
Cash inflows (outflows)	[1]	77,638	53,857
Non-cash changes	[1]	664	1,593
Long-term debt, ending balance	[1]	199,753	121,451
HTC loan [member]
Statement Line Items [Line Items]
Cash inflows (outflows)	[2]	17,577
Non-cash changes	[2]
Long-term debt, ending balance	[2]	17,577
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Long-term debt, beginning balance	[3]	85,760
Cash inflows (outflows)	[3]		95,869
Non-cash changes	[3]	1,760	(10,109)
FX	[3]
Long-term debt, ending balance	[3]	87,520	85,760
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Long-term debt, beginning balance	[4]	148,146	145,579
Cash inflows (outflows)	[4]
Non-cash changes	[4]	2,799	2,567
FX	[4]
Long-term debt, ending balance	[4]	150,945	148,146
European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Long-term debt, beginning balance	[5]	188,147	190,486
Cash inflows (outflows)	[5]	(169,333)
Non-cash changes	[5]	7,161	3,762
FX	[5]	3,508	(6,101)
Long-term debt, ending balance	[5]	29,483	188,147
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Cash inflows (outflows)		236,934
Non-cash changes		(1,393)
FX		4,553
Long-term debt, ending balance		$ 240,094
Unsecured subordinated 5.75% convertible debentures [member]
Statement Line Items [Line Items]
Long-term debt, beginning balance	[6]		96,022
Cash inflows (outflows)	[6]		(100,000)
Non-cash changes	[6]		$ 3,978
[1]	As of April 18, 2018, the Company has renegotiated an agreement with a syndicate of lenders that includes Canadian Imperial Bank of Commerce ("CIBC"), National Bank of Canada ("National"), HSBC Bank Canada, JPMorgan Chase Bank N.A., Alberta Treasury Branches, Canadian Western Bank and Morgan Stanley Senior Funding, Inc., a subsidiary of Morgan Stanley Bank N.A.. The agreement extends Just Energy's credit facility for an additional two years to September 1, 2020. The facility size was increased to $352.5 million from $342.5 million, with an accordion for Just Energy to draw up to $370 million. Certain principal amount outstanding under the LC facility is guaranteed by Export Development Canada under its Account Performance Security Guarantee Program. Interest is payable on outstanding loans at rates that vary with Bankers' Acceptance rates, LIBOR, Canadian bank prime rate or U.S. prime rate. Under the terms of the operating credit facility, Just Energy is able to make use of Bankers' Acceptances and LIBOR advances at stamping fees 3.750%. Prime rate advances are at a rate of bank prime (Canadian bank prime rate or U.S. prime rate) plus 2.750% and letters of credit are at a rate of 3.750%. Interest rates are adjusted quarterly based on certain financial performance indicators. As at March 31, 2019, the Canadian prime rate was 3.95% and the U.S. prime rate was 5.5%. As at March 31, 2019, $201.6 million has been drawn against the facility and total letters of credit outstanding as of March 31, 2019, amounted to $94.0 million ( March 31, 2018 - $113.4 million). As at March 31, 2019, Just Energy has $56.9 million of the facility remaining for future working capital and/or security requirements. Just Energy's obligations under the credit facility is supported by guarantees of certain subsidiaries and affiliates and secured by a general security agreement and a pledge of the assets and securities of Just Energy and the majority of its operating subsidiaries and affiliates excluding, primarily, the U.K., Barbados, Ireland, Japan and German operations. Just Energy is required to meet a number of financial covenants under the credit facility agreement. As at March 31, 2019, the Company was compliant with all of these covenants.
[2]	Filter Group, which was acquired on October 1, 2018, has an outstanding loan payable to HTC. The loan is a result of factoring receivables to finance the cost of rental equipment over a period of three to five years with HTC and bears interest at 8.99% per annum. Principal and interest are repayable on a monthly basis.
[3]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[4]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On January 29, 2014, Just Energy issued US$150 million of European-focused senior convertible unsecured convertible bonds (the "6.5% convertible bonds"). The 6.5% convertible bonds bear interest at an annual rate of 6.5%, payable semi-annually in arrears in equal installments on January 29 and July 29 in each year and have a maturity date of July 29, 2019. A Conversion Right in respect of a bond may be exercised, at the option of the holder thereof, at any time from May 30, 2014 to July 7, 2019. The initial conversion price is US$9.3762 per common share (being C$10.2819) but is subject to adjustments. In the event of the exercise of a Conversion Right, the Company may, at its option, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation in cash equal to the market value of the underlying shares to be received. As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% convertible bonds has been accounted for as a separate financial liability with an initial value of US$8,517. The remainder of the net proceeds of the 6.5% convertible bonds has been recorded as long-term debt, which is being accreted up to the face value of $150.0 million over the term of the 6.5% convertible bonds using an effective interest rate of 8.8%. At each reporting period, the conversion feature is recorded at fair value with changes in fair value recorded through profit or loss. As at March 31, 2018, the fair value of this conversion feature is US$0.2 million and is included in other non-current financial liabilities. No amounts of the 6.5% convertible bonds have been converted or redeemed as at March 31, 2019. During the fourth quarter of fiscal 2019, Just Energy redeemed $82.0 million of the outstanding balance.
[6]	In September 2011, Just Energy issued $100 million of convertible unsecured subordinated debentures (the "5.75% convertible debentures"), which was used to fund an acquisition. The 5.75% convertible debentures bear interest at an annual rate of 5.75%, payable semi-annually on March 31 and September 30 in each year, and have a maturity date of September 30, 2018. Each $1,000 principal amount of the 5.75% convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 56.0 common shares of Just Energy, representing a conversion price of $17.85. On or after September 30, 2016, the 5.75% convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The Company may, at its option, on not more than 60 days' and not less than 30 days' prior notice, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation to repay all or any portion of the principal amount of the 5.75% convertible debentures that are to be redeemed or that are to mature, by issuing and delivering to the holders thereof that number of freely tradable common shares determined by dividing the principal amount of the 5.75% convertible debentures being repaid by 95% of the current market price on the date of redemption or maturity, as applicable. On March 27, 2018, Just Energy redeemed the 5.75% convertible debentures. Of the amount paid, $99.5 million was recorded as a reduction in the liability component of the 5.75% convertible debentures, a non-cash loss on early redemption of $0.5 million was classified as finance costs, and $7.1 million was recorded as an increase in contributed surplus.

Note 19 - Long-term Debt and _9

Note 19 - Long-term Debt and Financing - Long- Term Debt (Details) (Parentheticals) $ in Thousands	Mar. 31, 2019CAD ($)		Sep. 12, 2018USD ($)	Mar. 31, 2018CAD ($)		Feb. 22, 2018CAD ($)	Oct. 05, 2016CAD ($)	Jan. 29, 2014USD ($)
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Borrowings, interest rate	8.75%	[1],[2]	8.75%
Face amount			$ 250,000
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[3],[4]		6.75%	[4]	6.75%
Face amount	$ 100,000,000	[3],[4]		$ 100,000,000	[4]	$ 100,000,000
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[5],[6]		6.75%	[5]		6.75%
Face amount	$ 160,000,000	[5],[6]		$ 160,000,000	[5]		$ 160,000,000
European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.50%	[7],[8]		6.50%	[8]			6.50%
Face amount								$ 150,000
[1]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[2]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[3]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[4]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[6]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[7]	On January 29, 2014, Just Energy issued US$150 million of European-focused senior convertible unsecured convertible bonds (the "6.5% convertible bonds"). The 6.5% convertible bonds bear interest at an annual rate of 6.5%, payable semi-annually in arrears in equal installments on January 29 and July 29 in each year and have a maturity date of July 29, 2019. A Conversion Right in respect of a bond may be exercised, at the option of the holder thereof, at any time from May 30, 2014 to July 7, 2019. The initial conversion price is US$9.3762 per common share (being C$10.2819) but is subject to adjustments. In the event of the exercise of a Conversion Right, the Company may, at its option, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation in cash equal to the market value of the underlying shares to be received. As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% convertible bonds has been accounted for as a separate financial liability with an initial value of US$8,517. The remainder of the net proceeds of the 6.5% convertible bonds has been recorded as long-term debt, which is being accreted up to the face value of $150.0 million over the term of the 6.5% convertible bonds using an effective interest rate of 8.8%. At each reporting period, the conversion feature is recorded at fair value with changes in fair value recorded through profit or loss. As at March 31, 2018, the fair value of this conversion feature is US$0.2 million and is included in other non-current financial liabilities. No amounts of the 6.5% convertible bonds have been converted or redeemed as at March 31, 2019. During the fourth quarter of fiscal 2019, Just Energy redeemed $82.0 million of the outstanding balance.
[8]	The collateral management and others include primarily collateral management costs of $5.1 million, supplier credit term extension charge of $4.8 million and accretion costs relating to the acquisition of RV of $5.1 million. During fiscal 2019, with the combination of high temperatures, low power supplies, and a large increase in forward prices, Electric Reliability Council of Texas ("ERCOT") requires increased collateral coverage for upcoming supply trades and potential exposure which would result in cash constraint on working capital. In response, Just Energy entered into a series of physical and financial trades to manage potential exposures to pricing and collateral requirements for purchases from ERCOT. The transactions facilitate Just Energy’s management of ERCOT collateral requirement and as a result Just Energy was able to avoid a large cash borrowing or facility arrangement. In addition, the arrangement as a whole improves the availability of working capital during the term of the contracts without exposing Just Energy to unintended risks associated with the arrangement.

Note 19 - Long-term Debt and_10

Note 19 - Long-term Debt and Financing - Finance costs (Details) - CAD ($) $ in Thousands		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Finance costs		$ 88,072	$ 55,972
Credit facility [member]
Statement Line Items [Line Items]
Finance costs	[1]	20,715	12,883
HTC loan [member]
Statement Line Items [Line Items]
Finance costs	[2]	875
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Finance costs	[3]	8,999
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Finance costs	[4]	8,819	497
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Finance costs	[5]	13,598	12,773
European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Finance costs	[6]	18,387	15,753
Unsecured subordinated 5.75% convertible debentures [member]
Statement Line Items [Line Items]
Finance costs	[7]		9,173
Collateral management and others [member]
Statement Line Items [Line Items]
Finance costs	[8]	$ 16,679	$ 4,893
[1]	As of April 18, 2018, the Company has renegotiated an agreement with a syndicate of lenders that includes Canadian Imperial Bank of Commerce ("CIBC"), National Bank of Canada ("National"), HSBC Bank Canada, JPMorgan Chase Bank N.A., Alberta Treasury Branches, Canadian Western Bank and Morgan Stanley Senior Funding, Inc., a subsidiary of Morgan Stanley Bank N.A.. The agreement extends Just Energy's credit facility for an additional two years to September 1, 2020. The facility size was increased to $352.5 million from $342.5 million, with an accordion for Just Energy to draw up to $370 million. Certain principal amount outstanding under the LC facility is guaranteed by Export Development Canada under its Account Performance Security Guarantee Program. Interest is payable on outstanding loans at rates that vary with Bankers' Acceptance rates, LIBOR, Canadian bank prime rate or U.S. prime rate. Under the terms of the operating credit facility, Just Energy is able to make use of Bankers' Acceptances and LIBOR advances at stamping fees 3.750%. Prime rate advances are at a rate of bank prime (Canadian bank prime rate or U.S. prime rate) plus 2.750% and letters of credit are at a rate of 3.750%. Interest rates are adjusted quarterly based on certain financial performance indicators. As at March 31, 2019, the Canadian prime rate was 3.95% and the U.S. prime rate was 5.5%. As at March 31, 2019, $201.6 million has been drawn against the facility and total letters of credit outstanding as of March 31, 2019, amounted to $94.0 million ( March 31, 2018 - $113.4 million). As at March 31, 2019, Just Energy has $56.9 million of the facility remaining for future working capital and/or security requirements. Just Energy's obligations under the credit facility is supported by guarantees of certain subsidiaries and affiliates and secured by a general security agreement and a pledge of the assets and securities of Just Energy and the majority of its operating subsidiaries and affiliates excluding, primarily, the U.K., Barbados, Ireland, Japan and German operations. Just Energy is required to meet a number of financial covenants under the credit facility agreement. As at March 31, 2019, the Company was compliant with all of these covenants.
[2]	Filter Group, which was acquired on October 1, 2018, has an outstanding loan payable to HTC. The loan is a result of factoring receivables to finance the cost of rental equipment over a period of three to five years with HTC and bears interest at 8.99% per annum. Principal and interest are repayable on a monthly basis.
[3]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[4]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[6]	The collateral management and others include primarily collateral management costs of $5.1 million, supplier credit term extension charge of $4.8 million and accretion costs relating to the acquisition of RV of $5.1 million. During fiscal 2019, with the combination of high temperatures, low power supplies, and a large increase in forward prices, Electric Reliability Council of Texas ("ERCOT") requires increased collateral coverage for upcoming supply trades and potential exposure which would result in cash constraint on working capital. In response, Just Energy entered into a series of physical and financial trades to manage potential exposures to pricing and collateral requirements for purchases from ERCOT. The transactions facilitate Just Energy’s management of ERCOT collateral requirement and as a result Just Energy was able to avoid a large cash borrowing or facility arrangement. In addition, the arrangement as a whole improves the availability of working capital during the term of the contracts without exposing Just Energy to unintended risks associated with the arrangement.
[7]	In September 2011, Just Energy issued $100 million of convertible unsecured subordinated debentures (the "5.75% convertible debentures"), which was used to fund an acquisition. The 5.75% convertible debentures bear interest at an annual rate of 5.75%, payable semi-annually on March 31 and September 30 in each year, and have a maturity date of September 30, 2018. Each $1,000 principal amount of the 5.75% convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 56.0 common shares of Just Energy, representing a conversion price of $17.85. On or after September 30, 2016, the 5.75% convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days’ and not less than 30 days’ prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The Company may, at its option, on not more than 60 days' and not less than 30 days' prior notice, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation to repay all or any portion of the principal amount of the 5.75% convertible debentures that are to be redeemed or that are to mature, by issuing and delivering to the holders thereof that number of freely tradable common shares determined by dividing the principal amount of the 5.75% convertible debentures being repaid by 95% of the current market price on the date of redemption or maturity, as applicable. On March 27, 2018, Just Energy redeemed the 5.75% convertible debentures. Of the amount paid, $99.5 million was recorded as a reduction in the liability component of the 5.75% convertible debentures, a non-cash loss on early redemption of $0.5 million was classified as finance costs, and $7.1 million was recorded as an increase in contributed deficit.
[8]	The collateral management and others include primarily collateral management costs of $5.1 million, a supplier credit term extension charge of $4.8 million and accretion costs relating to the acquisition of RV of $5.1 million. High electricity prices in the forward markets along with fundamental change in the Electric Reliability Council of Texas’s credit exposure calculations in February 2018 led to an increase in collateral requirements for market participants during fiscal 2019.

Note 19 - Long-term Debt and_11

Note 19 - Long-term Debt and Financing - Finance costs (Details) (Parentheticals) $ in Thousands	Mar. 31, 2019CAD ($)		Sep. 12, 2018USD ($)	Mar. 31, 2018CAD ($)		Feb. 22, 2018CAD ($)	Oct. 05, 2016CAD ($)	Jan. 29, 2014USD ($)	Sep. 30, 2011CAD ($)
Senior unsecured 8.75% term loan [member]
Statement Line Items [Line Items]
Borrowings, interest rate	8.75%	[1],[2]	8.75%
Face amount			$ 250,000
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[3],[4]		6.75%	[4]	6.75%
Face amount	$ 100,000,000	[3],[4]		$ 100,000,000	[4]	$ 100,000,000
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[5],[6]		6.75%	[5]		6.75%
Face amount	$ 160,000,000	[5],[6]		$ 160,000,000	[5]		$ 160,000,000
European-focused senior convertible unsecured 6.5% convertible bonds [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.50%	[7],[8]		6.50%	[8]			6.50%
Face amount								$ 150,000
Unsecured subordinated 5.75% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate				5.75%	[9]				5.75%
Face amount									$ 100,000,000
[1]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[2]	On September 12, 2018, Just Energy entered into a US$250 million non-revolving multi-draw senior unsecured term loan facility (the “8.75% loan”) with Sagard Credit Partners, LP and certain funds managed by a leading U.S.-based global fixed income asset manager. The 8.75% loan bears interest at 8.75% per annum payable semi-annually in arrears on June 30 and December 31 in each year plus fees, and will mature on September 12, 2023. Counterparties were issued 7.5 million warrants at a strike price of $8.56 each, convertible to one Just Energy common stock. The value of these warrants has been assessed as nominal. The 8.75% loan has three tranches. The first tranche of US$50 million is earmarked for general corporate purposes, including to pay down Just Energy's credit facility. The second tranche of US$150 million is earmarked towards the settlement of Just Energy's 6.5% convertible bonds. The third tranche of US$50 million is earmarked for investments and future acquisitions. As at March 31, 2019, US$193.0 million was drawn from the 8.75% loan.
[3]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[4]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[5]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[6]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[7]	On January 29, 2014, Just Energy issued US$150 million of European-focused senior convertible unsecured convertible bonds (the "6.5% convertible bonds"). The 6.5% convertible bonds bear interest at an annual rate of 6.5%, payable semi-annually in arrears in equal installments on January 29 and July 29 in each year and have a maturity date of July 29, 2019. A Conversion Right in respect of a bond may be exercised, at the option of the holder thereof, at any time from May 30, 2014 to July 7, 2019. The initial conversion price is US$9.3762 per common share (being C$10.2819) but is subject to adjustments. In the event of the exercise of a Conversion Right, the Company may, at its option, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation in cash equal to the market value of the underlying shares to be received. As a result of the debt being denominated in a different functional currency than that of Just Energy, the conversion feature is recorded as a financial liability instead of a component of equity. Therefore, the conversion feature of the 6.5% convertible bonds has been accounted for as a separate financial liability with an initial value of US$8,517. The remainder of the net proceeds of the 6.5% convertible bonds has been recorded as long-term debt, which is being accreted up to the face value of $150.0 million over the term of the 6.5% convertible bonds using an effective interest rate of 8.8%. At each reporting period, the conversion feature is recorded at fair value with changes in fair value recorded through profit or loss. As at March 31, 2018, the fair value of this conversion feature is US$0.2 million and is included in other non-current financial liabilities. No amounts of the 6.5% convertible bonds have been converted or redeemed as at March 31, 2019. During the fourth quarter of fiscal 2019, Just Energy redeemed $82.0 million of the outstanding balance.
[8]	The collateral management and others include primarily collateral management costs of $5.1 million, supplier credit term extension charge of $4.8 million and accretion costs relating to the acquisition of RV of $5.1 million. During fiscal 2019, with the combination of high temperatures, low power supplies, and a large increase in forward prices, Electric Reliability Council of Texas ("ERCOT") requires increased collateral coverage for upcoming supply trades and potential exposure which would result in cash constraint on working capital. In response, Just Energy entered into a series of physical and financial trades to manage potential exposures to pricing and collateral requirements for purchases from ERCOT. The transactions facilitate Just Energy’s management of ERCOT collateral requirement and as a result Just Energy was able to avoid a large cash borrowing or facility arrangement. In addition, the arrangement as a whole improves the availability of working capital during the term of the contracts without exposing Just Energy to unintended risks associated with the arrangement.
[9]	In September 2011, Just Energy issued $100 million of convertible unsecured subordinated debentures (the "5.75% convertible debentures"), which was used to fund an acquisition. The 5.75% convertible debentures bear interest at an annual rate of 5.75%, payable semi-annually on March 31 and September 30 in each year, and have a maturity date of September 30, 2018. Each $1,000 principal amount of the 5.75% convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 56.0 common shares of Just Energy, representing a conversion price of $17.85. On or after September 30, 2016, the 5.75% convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days’ and not less than 30 days’ prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The Company may, at its option, on not more than 60 days' and not less than 30 days' prior notice, subject to applicable regulatory approval and provided no event of default has occurred and is continuing, elect to satisfy its obligation to repay all or any portion of the principal amount of the 5.75% convertible debentures that are to be redeemed or that are to mature, by issuing and delivering to the holders thereof that number of freely tradable common shares determined by dividing the principal amount of the 5.75% convertible debentures being repaid by 95% of the current market price on the date of redemption or maturity, as applicable. On March 27, 2018, Just Energy redeemed the 5.75% convertible debentures. Of the amount paid, $99.5 million was recorded as a reduction in the liability component of the 5.75% convertible debentures, a non-cash loss on early redemption of $0.5 million was classified as finance costs, and $7.1 million was recorded as an increase in contributed deficit.

Note 20 - Provisions (Details T

Note 20 - Provisions (Details Textual)	Mar. 31, 2019
Statement Line Items [Line Items]
Restructuring, number of positions eliminated	200

Note 20 - Provisions - Restruct

Note 20 - Provisions - Restructuring (Details) $ in Thousands	12 Months Ended
	Mar. 31, 2019CAD ($)
Statement Line Items [Line Items]
Total restructuring costs	$ 16,078
Expended in the year	9,462
Provision at end of the year	6,616
Employee related [member]
Statement Line Items [Line Items]
Total restructuring costs	8,706
Facilities [member]
Statement Line Items [Line Items]
Total restructuring costs	1,987
Transition agreements [member]
Statement Line Items [Line Items]
Total restructuring costs	3,187
Other non-headcount related [member]
Statement Line Items [Line Items]
Total restructuring costs	$ 2,198

Note 21 - Income Taxes (Details

Note 21 - Income Taxes (Details Textual)	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Applicable tax rate	26.50%	26.50%

Note 21 - Income Taxes - Compon

Note 21 - Income Taxes - Components of Tax Expenses (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Current tax expense	$ 6,329	$ 2,552
Deferred tax expense (benefit)
Origination and reversal of temporary differences	(30,110)	129,177
Benefit arising from previously unrecognized tax loss or temporary difference	26,610	(111,058)
Deferred tax (benefit) expense	(3,500)	18,119
Provision for income taxes	$ 2,829	$ 20,671

Note 21 - Income Taxes - Reconc

Note 21 - Income Taxes - Reconciliation of the Effective Tax Rate (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Income before income taxes	$ (120,035)	$ 539,248
Combined statutory Canadian federal and provincial income tax rate	26.50%	26.50%
Income tax expense based on statutory rate	$ (31,809)	$ 142,901
Increase (decrease) in income taxes resulting from:
Expense (benefit) of mark to market loss and other temporary differences not recognized	26,610	(111,058)
Variance between combined Canadian tax rate and the tax rate applicable to foreign earnings	1,993	1,000
Other permanent items	6,035	(12,172)
Provision for income taxes	$ 2,829	$ 20,671

Note 21 - Income Taxes - Recogn

Note 21 - Income Taxes - Recognized Deferred Tax Assets and Liabilities (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Total deferred tax asset	$ 109,554	$ 96,405
Offset of deferred income taxes	(104,186)	(93,873)
Net deferred tax assets	5,368	2,532
Total deferred tax liability	(104,187)	(93,873)
Offset of deferred income taxes	104,187	93,873
Net deferred income tax liabilities	0	0
Mark to market gains (losses) on derivative instruments [member]
Statement Line Items [Line Items]
Total deferred tax asset	10,336	17,580
Total deferred tax liability	(20,683)	(54,158)
Tax losses and excess of tax basis over book basis [member]
Statement Line Items [Line Items]
Total deferred tax asset	99,218	78,825
Partnership income deferred for tax [member]
Statement Line Items [Line Items]
Total deferred tax liability	(3,542)	(6,249)
Book to tax differences on other assets [member]
Statement Line Items [Line Items]
Total deferred tax liability	(73,889)	(30,480)
Convertible debentures [member]
Statement Line Items [Line Items]
Total deferred tax liability	$ (6,073)	$ (2,986)

Note 21 - Income Taxes - Moveme

Note 21 - Income Taxes - Movement in Deferred Tax Balances (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Balance	$ 2,532	$ 21,268
Recognized in profit or loss	3,500	(10,948)
Recognized in OCI	(638)	(7,788)
Other	(26)
Balance	5,368	2,532
Partnership income deferred for tax [member]
Statement Line Items [Line Items]
Balance	(6,249)	(8,281)
Recognized in profit or loss	2,707	2,032
Recognized in OCI
Other
Balance	(3,542)	(6,249)
Book to tax differences - customer contracts [member]
Statement Line Items [Line Items]
Balance	48,345	4,269
Recognized in profit or loss	(22,351)	51,864
Recognized in OCI	(638)	(7,788)
Other	(26)
Balance	25,330	48,345
Mark to market gains (losses) on derivative instruments [member]
Statement Line Items [Line Items]
Balance	(36,578)	29,424
Recognized in profit or loss	26,231	(66,002)
Recognized in OCI
Other
Balance	(10,347)	(36,578)
Convertible debentures [member]
Statement Line Items [Line Items]
Balance	(2,986)	(4,144)
Recognized in profit or loss	(3,087)	1,158
Recognized in OCI
Other
Balance	$ (6,073)	$ (2,986)

Note 21 - Income Taxes - Unreco

Note 21 - Income Taxes - Unrecognized Deferred Tax Assets (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Excess of tax over book basis	$ 16,903	$ 15,824

Note 21 - Income Taxes - Losses

Note 21 - Income Taxes - Losses Available for Carryforward (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Losses available for carryforward	$ 109,554	$ 96,405
Unused tax losses [member]
Statement Line Items [Line Items]
Losses available for carryforward	136,763
Unused tax losses [member] | Later than ten years and not later than eleven years [member]
Statement Line Items [Line Items]
Losses available for carryforward	136,763
Unused tax losses [member] | Later than eleven years and not later than twelve years [member]
Statement Line Items [Line Items]
Losses available for carryforward

Note 22 - Shareholders' Capit_3

Note 22 - Shareholders' Capital (Details Textual) $ / shares in Thousands	Mar. 31, 2019$ / sharesshares
Statement Line Items [Line Items]
Par value per share | $ / shares	$ 0
Preference shares [member]
Statement Line Items [Line Items]
Number of shares authorised	50,000,000
Number of shares issued and fully paid	0

Note 22 - Shareholders' Capit_4

Note 22 - Shareholders' Capital - Classes of Share Capital (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Balance, beginning of year	$ 216,535
Balance, end of year	$ 30,550	$ 216,535
Issued capital [member]
Statement Line Items [Line Items]
Balance, beginning of year (in shares)	152,717,452
Balance, beginning of year	$ 1,215,826
Balance, end of year (in shares)	154,258,117	152,717,452
Balance, end of year	$ 1,235,503	$ 1,215,826
Ordinary shares [member]
Statement Line Items [Line Items]
Balance, beginning of year (in shares)	148,394,152	147,013,538
Balance, beginning of year	$ 1,079,055	$ 1,070,076
Share-based awards exercised (in shares)	1,201,800	1,643,156
Share-based units exercised	$ 9,483	$ 11,954
Acquisition (in shares)		1,415,285
Acquisition of businesses		$ 8,966
Repurchase and cancellation of shares (in shares)		(1,677,827)
Repurchase and cancellation of shares		$ (11,941)
Balance, end of year (in shares)	149,595,952	148,394,152
Balance, end of year	$ 1,088,538	$ 1,079,055
Ordinary shares [member] | Issued capital [member]
Statement Line Items [Line Items]
Balance, beginning of year	1,079,055	1,070,076
Share-based units exercised	9,483	11,954
Acquisition of businesses		8,966
Repurchase and cancellation of shares		(11,941)
Balance, end of year	$ 1,088,538	$ 1,079,055
Preference shares [member]
Statement Line Items [Line Items]
Balance, beginning of year (in shares)	4,323,300	4,040,000
Balance, beginning of year	$ 136,771	$ 128,363
Shares issued for cash (in shares)	338,865	283,300
Shares issued	$ 10,447	$ 9,260
Preferred shares issuance cost	$ (253)	$ (852)
Balance, end of year (in shares)	4,662,165	4,323,300
Balance, end of year	$ 146,965	$ 136,771
Preference shares [member] | Issued capital [member]
Statement Line Items [Line Items]
Balance, beginning of year	136,771	128,363
Shares issued	10,447	9,260
Preferred shares issuance cost	(253)	(852)
Balance, end of year	$ 146,965	$ 136,771

Note 23 - Share-based Compens_3

Note 23 - Share-based Compensation Plans (Details Textual)	12 Months Ended
	Mar. 31, 2019CAD ($)shares	Mar. 31, 2018CAD ($)shares	Mar. 31, 2019	Mar. 31, 2019CAD ($)	Mar. 31, 2018	Mar. 31, 2017shares
Statement Line Items [Line Items]
Maximum number of options available for grant | shares	11,300,000
Number of options available for grant remaining | shares	814,166
Number of share options outstanding in share-based payment arrangement at end of period			500,000
Weighted average exercise price of share options outstanding in share-based payment arrangement at end of period				$ 7.88
Number of share options granted in share-based payment arrangement		0
Restricted share grants [member]
Statement Line Items [Line Items]
Number of other equity instruments available for grant in a share-based payment arrangement			2,717,774		3,004,624	4,107,830
Number of other equity instruments outstanding in share-based payment arrangement at end of period			1,473,989		1,635,882
Number of common shares issued on vesting of one unit of other equity instrument | shares	1
Number of other equity instruments granted in share-based payment arrangement	788,211	1,716,743
Weighted average exercise price of other equity instruments granted in share-based payment arrangement	$ 5	$ 6.94
Restricted share grants [member] | Senior management [member]
Statement Line Items [Line Items]
Number of other equity instruments granted in share-based payment arrangement	40,000
Performance bonus grants [member]
Statement Line Items [Line Items]
Number of other equity instruments available for grant in a share-based payment arrangement	2,182,302	2,270,480	2,182,302		2,270,480	2,650,513
Number of other equity instruments outstanding in share-based payment arrangement at end of period			385,214		1,050,094
Number of other equity instruments granted in share-based payment arrangement	331,196	812,787
Weighted average exercise price of other equity instruments granted in share-based payment arrangement	$ 5.01	$ 7.08
Number of performance payments		3
Percentage payout of performance payments	33.00%
Deferred share grants [member]
Statement Line Items [Line Items]
Number of other equity instruments available for grant in a share-based payment arrangement		69,481			69,481	110,012
Number of other equity instruments outstanding in share-based payment arrangement at end of period			184,430		114,949
Vesting period, other equity instruments granted		3
Number of other equity instruments granted in share-based payment arrangement	69,481	40,531
Weighted average exercise price of other equity instruments granted in share-based payment arrangement	$ 4.48	$ 6.32
Annual deferred share grants compensation percentage		15.00%
Deferred share grants [member] | Key management personnel of entity or parent [member]
Statement Line Items [Line Items]
Number of other equity instruments granted in share-based payment arrangement	37,123
Bottom of range [member]
Statement Line Items [Line Items]
Vesting period, share options granted	3
Option life, share options granted	5
Bottom of range [member] | Restricted share grants [member]
Statement Line Items [Line Items]
Vesting period, other equity instruments granted	1
Top of range [member]
Statement Line Items [Line Items]
Vesting period, share options granted	5
Option life, share options granted	10
Top of range [member] | Restricted share grants [member]
Statement Line Items [Line Items]
Vesting period, other equity instruments granted	5
Instrument life, other equity instruments granted	10
Top of range [member] | Performance bonus grants [member]
Statement Line Items [Line Items]
Instrument life, other equity instruments granted	3
Top of range [member] | Deferred share grants [member]
Statement Line Items [Line Items]
Instrument life, other equity instruments granted		10

Note 23 - Share-based Compens_4

Note 23 - Share-based Compensation Plans - Restricted Share Grants Available for Grant (Details) - Restricted share grants [member]	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Balance, beginning of year	3,004,624	4,107,830
Less: Granted	(788,211)	(1,716,743)
Add: Cancelled/forfeited	501,361	613,537
Balance, end of year	2,717,774	3,004,624

Note 23 - Share-based Compens_5

Note 23 - Share-based Compensation Plans - Performance Bonus Grants Available for Grant (Details) - Performance bonus grants [member]	12 Months Ended
	Mar. 31, 2019shares	Mar. 31, 2019	Mar. 31, 2018shares	Mar. 31, 2018
Statement Line Items [Line Items]
Balance, beginning of year	2,270,480	2,270,480	2,650,513
Less: Granted		(331,196)		(812,787)
Add: Cancelled/forfeited		243,018		432,754
Balance, end of year	2,182,302	2,182,302	2,270,480	2,270,480

Note 23 - Share-based Compens_6

Note 23 - Share-based Compensation Plans - Deferred Share Grants Available for Grant (Details) - Deferred share grants [member]	12 Months Ended
	Mar. 31, 2019shares	Mar. 31, 2019	Mar. 31, 2018shares	Mar. 31, 2018
Statement Line Items [Line Items]
Balance, beginning of year	69,481	69,481	110,012
Less: Granted		(69,481)		(40,531)
Balance, end of year			69,481	69,481

Note 24 - Reportable Business_3

Note 24 - Reportable Business Segments - Components of Segments (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Sales	$ 3,812,470	$ 3,623,558
Gross margin	712,215	640,511
Depreciation of property, plant and equipment	4,771	4,073
Amortization of intangible assets	22,655	16,547
Administrative	206,820	187,250
Selling and marketing expenses	232,030	232,228
Total restructuring costs	16,078
Other operating expenses	87,590	74,490
Operating profit before the following	142,271	125,729
Finance costs	(88,072)	(55,972)
Change in fair value of derivative instruments and other	(153,226)	474,393
Other income -net	1,365	1,040
Provision for income taxes	(2,829)	(20,671)
Profit (loss) from continuing operations	(100,491)	524,519
Loss from discontinued operations	(22,379)	(5,945)
Loss for the year	(122,870)	518,574
Capital expenditures	43,543	35,776
Goodwill at end of period	339,921	300,673
Total assets	1,746,068	1,601,393
Total liabilities	1,715,518	1,384,858
Consumer division [member]
Statement Line Items [Line Items]
Sales	2,395,624	2,232,081
Gross margin	535,711	487,175
Depreciation of property, plant and equipment	4,567	3,775
Amortization of intangible assets	20,440	12,707
Administrative	76,709	64,282
Selling and marketing expenses	158,770	161,246
Total restructuring costs	3,173
Other operating expenses	78,460	69,690
Operating profit before the following	193,592	175,475
Finance costs
Change in fair value of derivative instruments and other
Other income -net
Provision for income taxes
Profit (loss) from continuing operations
Loss from discontinued operations
Loss for the year
Capital expenditures	39,475	32,252
Goodwill at end of period	181,358	147,252
Total assets	1,284,435	1,135,325
Total liabilities	1,513,583	844,379
Commercial division [member]
Statement Line Items [Line Items]
Sales	1,416,846	1,391,477
Gross margin	176,504	153,336
Depreciation of property, plant and equipment	204	340
Amortization of intangible assets	2,215	3,992
Administrative	40,693	29,153
Selling and marketing expenses	73,260	70,982
Total restructuring costs	4,069
Other operating expenses	9,130	4,800
Operating profit before the following	46,933	44,069
Finance costs
Change in fair value of derivative instruments and other
Other income -net
Provision for income taxes
Profit (loss) from continuing operations
Loss from discontinued operations
Loss for the year
Capital expenditures	4,068	3,524
Goodwill at end of period	158,563	153,421
Total assets	461,633	466,068
Total liabilities	201,935	540,479
Corporate [member]
Statement Line Items [Line Items]
Sales
Gross margin
Depreciation of property, plant and equipment
Amortization of intangible assets
Administrative	89,418	93,815
Selling and marketing expenses
Total restructuring costs	8,836
Other operating expenses
Operating profit before the following	(98,254)	(93,815)
Finance costs
Change in fair value of derivative instruments and other
Other income -net
Provision for income taxes
Profit (loss) from continuing operations
Loss from discontinued operations
Loss for the year
Capital expenditures
Goodwill at end of period
Total assets
Total liabilities

Note 24 - Reportable Business_4

Note 24 - Reportable Business Segments - Geographical Disclosure (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Sales	$ 3,812,470	$ 3,623,558
Non-current assets	498,518	420,819
CANADA
Statement Line Items [Line Items]
Sales	413,836	414,183
Non-current assets	266,775	201,985
UNITED STATES
Statement Line Items [Line Items]
Sales	2,624,602	2,465,794
Non-current assets	223,802	207,147
UNITED KINGDOM
Statement Line Items [Line Items]
Sales	774,032	743,581
International [member]
Statement Line Items [Line Items]
Non-current assets	$ 7,941	$ 11,687

Note 25 - Other Expenses - Othe

Note 25 - Other Expenses - Other Operating Expenses (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Amortization of intangible assets	$ 22,655	$ 16,547
Depreciation of property and equipment	4,771	4,073
Bad debt expense	81,037	56,331
Share-based compensation	6,133	18,353
Other	420
Other expense, by function	$ 115,016	$ 95,304

Note 25 - Other Expenses - Comp

Note 25 - Other Expenses - Components of Cost of Sales (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Amortization	$ 2,666	$ 3,116
Direct energy costs and other	3,097,589	2,983,047
Cost of purchased energy sold	$ 3,100,255	$ 2,986,163

Note 25 - Other Expenses - Empl

Note 25 - Other Expenses - Employee Benefits Expense (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Wages, salaries and commissions	$ 264,566	$ 237,867
Benefits	24,239	24,100
Employee benefits expense	$ 288,805	$ 261,967

Note 26 - Impairment Testing _3

Note 26 - Impairment Testing of Goodwill and Intangible Assets With Indefinite Lives (Details Textual) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Goodwill at end of period	$ 339,921	$ 300,673
Filter Group Inc [member]
Statement Line Items [Line Items]
Goodwill at end of period	$ 38,200

Note 26 - Impairment Testing _4

Note 26 - Impairment Testing of Goodwill and Intangible Assets With Indefinite Lives - Intangible Assets and Goodwill (Details) - CAD ($) $ in Thousands	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Goodwill at end of period	$ 339,921	$ 300,673
Intangible assets and goodwill	472,656	401,926
Consumer division [member]
Statement Line Items [Line Items]
Goodwill at end of period	181,358	147,252
Consumer division [member] | The North America [member]
Statement Line Items [Line Items]
Goodwill at end of period	168,003
Brand	19,570
Consumer division [member] | The North America [member] | Goodwill and brand names [member]
Statement Line Items [Line Items]
Intangible assets and goodwill	187,573
Consumer division [member] | UNITED KINGDOM
Statement Line Items [Line Items]
Goodwill at end of period	13,355
Brand
Consumer division [member] | UNITED KINGDOM | Goodwill and brand names [member]
Statement Line Items [Line Items]
Intangible assets and goodwill	13,355
Commercial division [member]
Statement Line Items [Line Items]
Goodwill at end of period	158,563	$ 153,421
Commercial division [member] | The North America [member]
Statement Line Items [Line Items]
Goodwill at end of period	158,563
Brand	14,734
Commercial division [member] | The North America [member] | Goodwill and brand names [member]
Statement Line Items [Line Items]
Intangible assets and goodwill	$ 173,297

Note 27 - Earnings (Loss) Per_3

Note 27 - Earnings (Loss) Per Share (Details Textual) - CAD ($)	Mar. 31, 2019		Mar. 31, 2018		Feb. 22, 2018	Oct. 05, 2016
European-focused senior convertible unsecured 6.5% convertible bonds, conversion feature [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.50%		6.50%
Senior subordinated 6.75% convertible debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[1],[2]	6.75%	[1]		6.75%
Notional amount	$ 160,000,000	[1],[2]	$ 160,000,000	[1]		$ 160,000,000
The $100 million 6.75% of convertible unsecured senior subordinated debentures [member]
Statement Line Items [Line Items]
Borrowings, interest rate	6.75%	[3],[4]	6.75%	[4]	6.75%
Notional amount	$ 100,000,000	[3],[4]	$ 100,000,000	[4]	$ 100,000,000
[1]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[2]	On October 5, 2016, Just Energy issued $160 million of convertible unsecured senior subordinated debentures (the "6.75% $160 million convertible debentures"). The 6.75% $160 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on June 30 and December 31 in each year and have a maturity date of December 31, 2021. Each $1,000 principal amount of the 6.75% $160 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 107.5269 common shares of Just Energy, representing a conversion price of $9.30, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $160 million convertible debentures will not be redeemable at the option of the Company on or before December 31, 2019. After December 31, 2019 and prior to December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after December 31, 2020, the 6.75% $160 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $160 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $8.0 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.1 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $160 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $160 million over the term of the 6.75% $160 million convertible debentures using an effective interest rate of 9.1%. If the 6.75% $160 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $160 million convertible debentures have been converted or redeemed as at March 31, 2018.
[3]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.
[4]	On February 22, 2018, Just Energy issued $100 million of convertible unsecured senior subordinated debentures (the "6.75% $100 million convertible debentures"). The 6.75% $100 million convertible debentures bear interest at an annual rate of 6.75%, payable semi-annually in arrears on March 31 and September 30 in each year and have a maturity date of March 31, 2023. Each $1,000 principal amount of the 6.75% $100 million convertible debentures is convertible at the option of the holder at any time prior to the close of business on the earlier of the maturity date and the last business day immediately preceding the date fixed for redemption into 112.3596 common shares of Just Energy, representing a conversion price of $8.90, subject to certain anti-dilution provisions. Holders who convert their debentures will receive accrued and unpaid interest for the period from and including the date of the latest interest payment up to, but excluding, the date of conversion. The 6.75% $100 million convertible debentures will not be redeemable at the option of the Company on or before March 31, 2021. After March 31, 2021 and prior to March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest, provided that the weighted average trading price of the common shares of Just Energy on the Toronto Stock Exchange (the "TSX") for the 20 consecutive trading days ending five trading days preceding the date on which the notice of redemption is given is at least 125% of the conversion price. On or after March 31, 2022, the 6.75% $100 million convertible debentures may be redeemed in whole or in part from time to time at the option of the Company on not more than 60 days' and not less than 30 days' prior notice, at a price equal to their principal amount plus accrued and unpaid interest. The conversion feature of the 6.75% $100 million convertible debentures has been accounted for as a separate component of shareholders' equity in the amount of $9.7 million. Upon initial recognition of the convertible debentures, Just Energy recorded a deferred tax liability of $2.6 million and reduced the equity component of the convertible debentures by this amount. The remainder of the net proceeds of the 6.75% $100 million convertible debentures has been recorded as long-term debt, which is being accreted up to the face value of $100 million over the term of the 6.75% $100 million convertible debentures using an effective interest rate of 10.7%. If the 6.75% $100 million convertible debentures are converted into common shares, the value of the conversion will be reclassified to share capital along with the principal amount converted. No amounts of the 6.75% $100 million convertible debentures have been converted or redeemed as at March 31, 2018.

Note 27 - Earnings (Loss) Per_4

Note 27 - Earnings (Loss) Per Share - Components of Earning Per Share (Details) - CAD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
BASIC EARNINGS (LOSS) PER SHARE
Earnings (loss) from continuing operations available to shareholders	$ (100,299)	$ 515,221
Dividend to preferred shareholders - net of tax	8,959	8,364
Earnings (loss) from continuing operations available to shareholders - net	$ (109,258)	$ 506,857
Basic weighted average shares outstanding (in shares)	149,138,797	147,039,737
Basic earnings (loss) per share from continuing operations available to shareholders (in CAD per share)	$ (0.73)	$ 3.45
Basic earnings (loss) per share available to shareholders (in CAD per share)	$ (0.88)	$ 3.42
DILUTED EARNINGS (LOSS) PER SHARE
Earnings (loss) from continuing operations available to shareholders	$ (109,258)	$ 506,857
Increase (decrease) through conversion of convertible instruments, equity		22,407
Adjusted earnings (loss) from continuing operations available to shareholders	$ (109,258)	$ 529,264
Basic weighted average shares outstanding (in shares)	149,138,797	147,039,737
Restricted share and performance bonus grants (in shares)	2,409,990	2,924,587
Deferred share grants (in shares)	142,928	95,536
Convertible debentures (in shares)	39,574,831	49,979,055
Shares outstanding on a diluted basis (in shares)	191,266,546	200,038,915
Diluted earnings (loss) from continuing operations per share available to shareholders (in CAD per share)	$ (0.73)	$ 2.65
Diluted earnings (loss) per share available to shareholders (in CAD per share)	$ (0.88)	$ 2.62

Note 29 - Related Party Trans_3

Note 29 - Related Party Transactions and Key Management Personnel Remuneration (Details Textual)	Mar. 31, 2019	Mar. 31, 2018
Key management personnel of entity or parent [member] | Restricted share grants and performance bonus grants [member]
Statement Line Items [Line Items]
Number of other equity instruments outstanding in share-based payment arrangement at end of period	669,688	1,774,094

Note 29 - Related Party Trans_4

Note 29 - Related Party Transactions and Key Management Personnel Remuneration - Components of Expenses (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Salaries and benefits	$ 2,493	$ 8,939
Share-based compensation, net	1,163	3,738
Key management personnel compensation	$ 3,656	$ 12,677

Note 30 - Dividends Paid (Detai

Note 30 - Dividends Paid (Details Textual) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2019CAD ($)$ / shares	Mar. 31, 2019$ / shares	Mar. 31, 2018CAD ($)$ / shares	Mar. 31, 2018$ / shares
Ordinary shares [member]
Statement Line Items [Line Items]
Dividends proposed or declared before financial statements authorised for issue but not recognised as distribution to owners per share | $ / shares	$ 0.50		$ 0.50
Dividends proposed or declared before financial statements authorised for issue but not recognised as distribution to owners | $	$ 74,557		$ 73,624
Dividends recognised as distributions to owners per share | $ / shares	$ 0.50		$ 0.50
Dividends recognised as distributions to owners of parent | $	$ 1,284		$ 1,302
Preference shares [member]
Statement Line Items [Line Items]
Dividends proposed or declared before financial statements authorised for issue but not recognised as distribution to owners per share | $ / shares		$ 2.125		$ 2.125
Dividends proposed or declared before financial statements authorised for issue but not recognised as distribution to owners | $	$ 12,189		$ 11,380

Note 31 - Commitments and Gua_3

Note 31 - Commitments and Guarantees (Details Textual)	12 Months Ended
	Mar. 31, 2019CAD ($)	Mar. 31, 2018CAD ($)
Credit facility [member]
Statement Line Items [Line Items]
Borrowings, letters of credit	$ 94,000,000	$ 113,400,000
Surety bond [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	70,300,000
Contingent liability for guarantees [member]
Statement Line Items [Line Items]
Estimated financial effect of contingent liabilities	$ 104,900,000
Bottom of range [member]
Statement Line Items [Line Items]
Leasing period	1
Top of range [member]
Statement Line Items [Line Items]
Leasing period	8

Note 31 - Commitments and Gua_4

Note 31 - Commitments and Guarantees - Commitments (Details) $ in Thousands	Mar. 31, 2019CAD ($)
Statement Line Items [Line Items]
Premises and equipment leasing	$ 21,243
Gas, electricity and non-commodity contracts	3,500,493
Capital commitments	3,521,736
Not later than one year [member]
Statement Line Items [Line Items]
Premises and equipment leasing	5,035
Gas, electricity and non-commodity contracts	1,899,713
Capital commitments	1,904,748
Later than one year and not later than three years [member]
Statement Line Items [Line Items]
Premises and equipment leasing	9,902
Gas, electricity and non-commodity contracts	1,439,479
Capital commitments	1,449,381
Later than four years and not later than five years [member]
Statement Line Items [Line Items]
Premises and equipment leasing	6,306
Gas, electricity and non-commodity contracts	119,212
Capital commitments	125,518
Later than five years [member]
Statement Line Items [Line Items]
Premises and equipment leasing
Gas, electricity and non-commodity contracts	42,089
Capital commitments	$ 42,089

Note 32 - Supplemental Cash F_3

Note 32 - Supplemental Cash Flow Information - Adjustments to Reflect Net Cash from Gas Sales (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Accrued gas receivable	$ 2,256	$ 459
Gas delivered in excess of consumption	(405)	516
Accrued gas payable	676	(276)
Deferred revenue	1,659	(3,575)
Cash receipts from gas sales	$ 4,186	$ (2,876)

Note 32 - Supplemental Cash F_4

Note 32 - Supplemental Cash Flow Information - Components of changes in Non-cash Working Capital (Details) - CAD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement Line Items [Line Items]
Accounts receivable and unbilled revenue	$ (92,923)	$ (108,900)
Gas in storage	(601)	538
Prepaid expenses and deposits	(88,184)	(15,534)
Provisions	4,309	(3,501)
Trade and other payables	53,261	90,972
Increase (decrease) in working capital	$ (124,138)	$ (36,425)