As previously announced on August 8, 2006 BFI Canada Income Fund (the “Fund”) (TSX:BFC.UN) has declared a cash distribution of C$0.1515 per trust unit for the month of August 2006.
The Trustees of the Fund recently approved a 7.1 per cent increase to distributions from an annual rate of C$1.698 per trust unit to C$1.818 per trust unit annually effective for the distribution payable on September 15, 2006 to unitholders of record on August 31, 2006.
This increase represents the fifth distribution increase for the Fund since its inception and is based on the strong year-to-date performance for the Fund, and an expected continuation of this performance.
BFI Canada Income Fund, through its subsidiaries, is one of North America’s largest full-service waste management companies, providing non-hazardous solid waste collection and landfill disposal services for municipal, commercial, industrial and residential customers in five provinces and nine U.S. states. Its two brands, IESI and BFI Canada, are leaders in their respective markets and serve over one million customers with vertically integrated collection and disposal assets. The Fund’s units are listed on the Toronto Stock Exchange under the symbol BFC.UN.
For more information on the Fund, visit www.bficanada.com
Contact Anne MacMicken, Manager, Investor and Employee Relations, at 416-401-7729 or email@example.com