BK Canadian Banc Corp

Canadian Banc Recovery Corp. (formerly Prime Rate Plus Corp) ("The Company")
declares its regular monthly distribution of $0.06250 (5.00% annualized) for
each Class A share which reflects the distribution policy of prime rate in
Canada (2.25% as at December 15, 2009) plus 2% annually. The Company also
declares its regular monthly distribution of $0.04167 (5.00% annualized) for
each Preferred share which reflects the distribution policy of prime rate plus
0.75% annually. An annual Class A and Preferred share payment of 5.00% is the
minimum payment as per the prospectus and the rate will not decline below this
level. Distributions are payable January 8, 2010 to shareholders on record as of
December 31, 2009. 


Since inception Class A shareholders have received a total of $4.31 per share
and Preferred shareholders have received a total of $2.65 per share inclusive of
this distribution, for a combined total of $6.96 per share.


The Company invests in a portfolio of six publicly traded Canadian Banks as
follows: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of
Canada, Royal Bank of Canada, Bank of Nova Scotia, Toronto- Dominion Bank.
Shares held within the portfolio are expected to range between 5-20% in weight
but may vary at any time. To generate additional returns above the dividend
income earned on the portfolio, Prime Plus will engage in a selective covered
call writing program.




Distribution Details:                                                   
                                                                        
Class A Share (BK)                                    $0.06250          
                                                                        
Preferred Share (BK.PR.A)                             $0.04167          
                                                                        
Ex-Dividend Date:                                     December 29, 2009 
                                                                        
Record Date:                                          December 31, 2009 
                                                                        
Payable Date:                                         January 8, 2010

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