<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFOMATION EXTRACTED FROM THE AUDITED
CONSOLIDATED FINANCIAL STATEMENTS AND NOTES THERETO, AS DEFINED AND INCLUDED IN
THIS FILING ON PAGES F-3 THROUGH F-11, FOR THE TWELVE MONTH FISCAL YEAR ENDED 31
JANUARY 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> CANADIAN DOLLARS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-START> FEB-01-1999
<PERIOD-END> JAN-31-2000
<EXCHANGE-RATE> 0.69
<CASH> 124,829
<SECURITIES> 0
<RECEIVABLES> 77,364
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 202,193
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 202,193
<CURRENT-LIABILITIES> 74,664
<BONDS> 3,191,000
0
0
<COMMON> 1,118,456
<OTHER-SE> (5,045,255)
<TOTAL-LIABILITY-AND-EQUITY> 202,193
<SALES> 23,290
<TOTAL-REVENUES> 23,290
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 680,128
<LOSS-PROVISION> 975,938
<INTEREST-EXPENSE> 319,100
<INCOME-PRETAX> 975,938
<INCOME-TAX> 0
<INCOME-CONTINUING> (975,938)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (975,938)
<EPS-BASIC> (0.06)
<EPS-DILUTED> (0.06)
</TABLE>