BFI Canada Income Fund (the "Fund") (TSX: BFC.UN) has declared a cash distribution of $0.116875 per Trust unit for the month of August 2004.

The Fund recently announced a 10% increase in distributions to an annualized rate of $1.4025 per trust unit beginning with the August distribution payable on September 15, 2004 to unitholders of record on August 31, 2004. This increase represents the second distribution increase for the Fund since its inception. These increases are primarily a result of the Fund's continued strong performance to date in both the collection and landfill segments.

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 19 markets, and operates three transfer collection stations, seven material recovery collection facilities and one landfill gas to energy facility.

To find out more about BFI Canada Income Fund (TSX: BFC.UN), visit our website at www.bficanada.com.

BFI Canada Income Fund Anne MacMicken Manager, Investor and Employee Relations (416) 401-7729 Email: anne.macmicken@bficanada.com www.bficanada.com

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