BFI Canada Ltd.

BFI Canada Ltd.

December 19, 2008 16:01 ET

BFI Canada Ltd. Announces December 2008 Cash Dividend

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2008) - BFI Canada Ltd. (the "Corporation") (TSX:BFC) has declared a cash dividend of C$0.04166 per share for the month of December 2008, payable on January 15, 2009, to the shareholders of record as of December 31, 2008.

Forward-looking statements

This document may contain forward-looking statements relating to the Corporation's operations or to the environment in which it operates, which are based on the Corporation's estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond the Corporation's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. These factors include those set forth in the Annual Information Form of BFI Canada Income Fund, the predecessor of the Corporation, for the period ended December 31, 2007. Consequently, readers should not rely on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, the Corporation cannot assure shareholders that actual results will be consistent with these forward looking statements, and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

About BFI Canada Ltd.

BFI Canada Ltd., 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 commercial, industrial, municipal and residential customers in five provinces and ten U.S. states. Its two brands, IESI and BFI Canada, are leaders in their respective markets and serve over 1.8 million customers with vertically integrated collection and disposal assets. The Corporation's shares are listed on the Toronto Stock Exchange under the symbol BFC.

To find out more about BFI Canada Ltd. (TSX:BFC), visit our website at

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