Canadian Equipment Rental Fund Limited Partnership, Calgary, Alberta, Canada, which operates as 4-Way Equipment Rentals, announced revenues for the first half of the year of $6.7 million and a net loss of $0.02 per share and distributions of $0.12 per share.

Full details of the the partnership's results, in the form of the unaudited financial statements for the three and six months ended June 30, 2010, and management’s discussion and analysis of the results are available at www.cerflp.com.

“We are still seeing indications of an economic recovery that cause us to believe that 2010 will be a better year for the partnership. The second quarter of 2010 was hampered by a warm and wet spring, which reduced the demand for winter equipment and put many construction projects on hold as it was too wet to continue. Also some projects were put on hold due to the tightening of credit caused by the fear of a worsening economy related to the crisis in Europe,” said Wayne Wadley, president of CERF. “With those events behind us we are looking to the last half of the year with optimism. The waste disposal and recycling business we acquired in October 2009 is continuing to grow. We are experiencing higher demand for our recycling and disposal services as we continue to roll out innovative new products and services.”