Corporate Governance

On June 30, 2005, National Instrument 58-101 “Disclosure of Corporate Governance Practices” (“N1 58-101”) came into effect requiring public companies to disclose annually their corporate governance practices, including the constitution and independence of their board of directors, their mandates, roles, responsibilities and membership, and various items dealing with effective corporate governance. The following disclosure describes the Company’s current corporate governance practices.

• Board Mandate

• Chief Executive Officer Position Description
• Position Description for the Chair
• Position Description for the Committee Chair

• Canfor Pulp Limited Partnership (CPLP) Code of Conduct

• Canfor Pulp Limited Partnership (CPLP) Disclosure Policy

The following disclosure describes the Fund's current governance practices.

For further detail please see our current Canfor Pulp Income Fund Annual Information Form