WOODSTOCK, ON, February 17, 2009 /CNW/ - Contrans Income Fund (TSX.
Symbol CSS.UN) declared on February 16 a cash distribution of CDN $0.1042 per
unit, for the month of February 2009, to unitholders of record at the close of
business on February 28, 2009. The distribution payment will be made on March
The Fund is an unincorporated, open-ended limited purpose trust created
for the purpose of acquiring and holding certain investments.
Contrans has been providing freight transportation services since 1985.
With approximately 1,300 power units and 2,300 trailers under management,
Contrans is one of the largest freight transportation companies in Canada.
The Fund provides unitholders with monthly distributions. Trust units are
listed on The Toronto Stock Exchange (under CSS.UN) and are eligible for
registered retirement savings plans (RRSP's), registered retirement income
funds (RRIF's) and deferred profit sharing plans (DPSP's). The Fund has also
implemented a distribution reinvestment plan (DRIP) which will allow
unitholders to receive distributions in the form of additional units in lieu
of cash and will also enable participants to purchase additional units
directly from the Fund.
For further information:
For further information: Stan Dunford, Chairman and Chief Executive
Officer, or Greg Rumble, President and Chief Operating Officer, Phone: (519)
421-4600, E-mail: email@example.com, Web site: www.contrans.ca