BFI Canada Income Fund (TSX: BFC.UN) has announced that its subsidiary, BFI Usine de Triage Lachenaie Ltd., acknowledges the announcement by the Minister of the Environment, Mr. Thomas J. Mulcair, that his department has approved an expansion of BFI’s Lachenaie non-hazardous solid waste management site. The expansion decree provides an annual capacity of 1.3 million tonnes – an increase of 330,000 tonnes over the existing annual capacity, and approximately 6.5 million cubic metres of total capacity.
Today’s announcement follows a lengthy review process including public consultation and a detailed evaluation by the Ministry of the Environment. BFI Canada is working with the MMC ( Montreal Metropolitain Community ) for their longer-term waste management planning. The site already has regional and provincial zoning by-law approval to expand the footprint of the landfill for an additional 500 acres.
While the decree has been issued today, management will be evaluating the terms and conditions over the next few weeks.
"We are very pleased to learn that the Minister and his department have completed the review of our site and confirmed the important role it can play in meeting the continuing needs of the Greater Montreal Region for cost- effective and environmentally safe non-hazardous solid waste disposal," said Yves Normandin, Vice President, BFI Usine de Triage Lachenaie Ltd.
"Our facility is state-of-the-art and operated to the highest standards, making it an important part of the solution to the Greater Montreal Region’s non-hazardous solid waste management challenges in the years ahead."
"We are committed to continued service of the highest standard at Lachenaie as we are at all of our sites across Canada," said Keith Carrigan, President and Chief Executive of BFI Canada. “Our Lachenaie site is a critical part of the infrastructure of Quebec and we will manage it in light of the best interests of all Quebecers."
The Greater Montreal Region has relied upon the safety and environmental integrity of the Lachenaie site for 35 years to help meet its non-hazardous solid waste management needs. The site is well-equipped to continue to be an important part of the Region’s essential infrastructure in the future.
BFI Canada Income Fund, through its subsidiaries, is one of Canada’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 the provinces of British Columbia, Alberta, Manitoba, Ontario and Quebec. Through its wholly-owned subsidiaries, BFI Canada owns and operates three landfills, operates one municipally-owned landfill, carries on collection operations in 18 markets, and operates two transfer collection stations, seven material recovery collection facilities and one landfill gas to energy facility. BFI Canada’s business does not include any management, collection or disposal of hazardous or liquid waste. 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
For further information, contact Yves Normandin, P.eng. Vice President, BFI Usine de Triage Lachenaie Ltd, 450-474-2423, email@example.com or Anne MacMicken, Manager, Investor and Employee Relations, BFI Canada Income Fund, 416-401-7729, firstname.lastname@example.org