<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
QUARTERLY REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS CONTAINED THEREIN.
</LEGEND>
<CURRENCY> CANADIAN DOLLARS
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1996
<PERIOD-START>                              SEP-1-1995
<PERIOD-END>                               AUG-31-1996
<EXCHANGE-RATE>                                 1.3685
<CASH>                                       1,777,889
<SECURITIES>                                 3,577,151
<RECEIVABLES>                                  602,601
<ALLOWANCES>                                    39,000
<INVENTORY>                                    631,171
<CURRENT-ASSETS>                             7,061,815
<PP&E>                                       2,983,339
<DEPRECIATION>                                 535,402
<TOTAL-ASSETS>                               9,883,093
<CURRENT-LIABILITIES>                          975,659
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     11,523
<COMMON>                                       150,187
<OTHER-SE>                                   8,715,724
<TOTAL-LIABILITY-AND-EQUITY>                 9,883,093
<SALES>                                        148,330
<TOTAL-REVENUES>                             6,318,251
<CGS>                                          298,243
<TOTAL-COSTS>                                2,505,673
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                54,990
<INTEREST-EXPENSE>                               8,657
<INCOME-PRETAX>                              1,004,059
<INCOME-TAX>                                   463,000
<INCOME-CONTINUING>                            541,059
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   541,059
<EPS-PRIMARY>                                      .23
<EPS-DILUTED>                                      .22