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BFI Canada Ltd.: BFI Canada Ltd. Clarifies Transfer of Insider Reports to New SEDI Profile

^{Published on 2008-12-01 12:11:54 - Market Wire}
 

TORONTO, ONTARIO--(Marketwire - Dec. 1, 2008) - BFI Canada Ltd. (the "Corporation") (TSX:BFC) announced it has recently transferred its insider reports filed on the System for Electronic Disclosure by Insiders (SEDI) from the SEDI profile for BFI Canada Income Fund, the Corporation's predecessor, to the SEDI profile for BFI Canada Ltd. This is a normal course process in accordance with securities commission requirements following a corporate reorganization. BFI Canada Ltd. wishes to clarify that the recent increase in SEDI filings results from this process and does not reflect increased insider activity in its shares, as no executive officer positions have been recently reduced.

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 [ www.bficanada.com ].