Canfor Pulp Income Fund (the “Fund”) (TSX:CFX.UN) announced today that
Canfor Pulp Limited Partnership (the “Partnership”), in which the Fund has a 49.8% ownership, has
received approval from the Canadian federal government for funding of its $100 million capital
project to upgrade the recovery boiler at its Northwood Pulp Mill in Prince George, British Columbia.
The project is planned for completion in the fourth quarter of 2011 and is expected to provide
economic and environmental benefits to the Partnership’s operations.
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