Business News

Canfor Pulp Income Fund Reacts to Promise of Federal Aid

Thursday 18. June 2009 - Canfor Pulp Income Fund (the "Fund") (TSX:CFX.UN) is pleased with the federal government's response to the U.S. Black Liquor tax credit.

The decision to provide funds to level the playing field between Canadian and American pulp and paper producers is seen as a positive step. Canfor Pulp is a large producer of kraft pulp and expects to finance capital projects through funding made available under this initiative.

“We understand that the details of the program are still to be determined and hope to participate in their development. As the program unfolds, we will aggressively pursue capital available to expedite projects planned for continued energy and environmental improvements,” said Paul Richards, President and Chief Executive Officer of Canfor Pulp Income Fund.