BFI Canada Income Fund (TSX:BFC.UN) (the 'Fund') announced that it will hold its annual meeting of unit holders on Friday, May 9th, at 2:00 pm.

The details of the meeting are as follows:

Date: Friday, May 9, 2003 Location: TSX Conference Centre Auditorium 130 King Street West Toronto, Ontario, Canada Time: 2:00 pm (E.S.T.)

For those unable to attend the AGM, the event will be webcast live at www.bficanada.com. The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investor can listen to the event through CCBN's individual investor centre at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the event via CCBN's password protected event management site, StreetEvents (www.streetevents.com).

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 commercial, industrial and residential customers in the provinces of British Columbia, Alberta, Manitoba, Ontario and Quebec. Through its wholly-owned subsidiaries, the Fund owns one and owns and operates three landfills, carries on collection operations in 18 markets, and operates two transfer collection stations, seven material recovery collection facilities and one landfill gas to energy facility. BFI Canada's business does not include any management, collection or disposal of hazardous or liquid waste. The Fund's units are listed on the Toronto Stock Exchange under the symbol BFC.UN.

BFI Canada Income Fund Anne Plasterer Manager, Investor and Employee Relations (416) 401-7729 anne.plasterer@bficanada.com

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