NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA


Canoe EIT Income Fund (the "Fund") (TSX:EIT.UN) reminds Warrantholders that
Warrants can now be exercised.


Four Warrants of the Fund entitles the holder to purchase one Unit of the Fund
at a subscription price of $12.40, which represents a 2.4% discount to the TSX
closing price of $12.70 per Unit on June 19, 2014. Subject to applicable record
dates, Units received upon exercise of the Warrants will be eligible to receive
distributions from the Fund. In a news release issued on June 10, 2014, the Fund
confirmed its intention to pay a $0.10 per unit monthly ($1.20 per unit annual)
distribution through the first quarter of 2016.


As at May 31, 2014, the Fund's net asset value has outperformed the S&P/TSX
Composite benchmark, generating total returns (net of fees) of 22.0%, 5.5%,
14.5% and 9.5% respectively for the 1-, 3-, 5- and 10-year time periods.




Fund Performance(i)                                                         
(NAV performance, net of fees)                                              
                                 YTD     1 yr.     3 yr.     5 yr.    10 yr.
----------------------------------------------------------------------------
EIT.UN                         10.4%     22.0%      5.5%     14.5%      9.5%
----------------------------------------------------------------------------
S&P/TSX Composite               8.5%     19.0%      5.0%     10.2%      8.5%
(i)As at May 31, 2014                                                       



Full details about this Offering are available on our website at
www.canoefinancial.com, or you can contact us at 1-877-434-2796.


About the Fund

The Fund is one of Canada's largest, diversified closed-end investment funds and
is listed on the TSX under the symbol EIT.UN. The Fund is actively managed and
invests in a diversified portfolio of income-generating and capital
growth-oriented securities listed primarily on the TSX. The Fund is designed to
maximize distributions and net asset value for the benefit of its unitholders.
The Fund is managed by Robert Taylor, Senior Vice President and Portfolio
Manager of Canoe Financial.


About Canoe Financial LP

Canoe Financial is an investment management firm focused on building financial
wealth for Canadians through investing in Canada. Its 'GO CANADA!(R)' investment
thesis reflects Canoe's strategic confidence in Canada as a place to invest.
With continued global urbanization, increasing worldwide demand for resources,
and Canada's sound fiscal structure, Canoe believes this country provides
long-term growth potential for investors.


Canoe Financial is one of Canada's fastest-growing mutual fund companies and as
at May 31, 2014, manages approximately $2.5 billion in assets through its
investment products. To learn more about Canoe Financial, visit
www.canoefinancial.com.


(R) GO CANADA! is a registered trade-mark of Canoe Financial LP.

Forward-Looking Statement: Certain statements included in this news release
constitute forward-looking statements which reflect Canoe Financial's current
expectations regarding future results or events. Words such as "may," "will,"
"should," "could," "anticipate," "believe," "expect," "intend," "plan,"
"potential," "continue" and similar expressions have been used to identify these
forward-looking statements. In addition, any statement regarding future
performance, strategies, prospects, action or plans is also a forward-looking
statement. Market predictions and forward-looking statements are subject to
known and unknown risks and uncertainties and other factors that may cause
actual results, performance, events, activity and achievements to differ
materially from those expressed or implied by such statements. Forward-looking
statements involve significant risks and uncertainties and a number of factors
could cause actual results to materially differ from expectations discussed in
the forward looking statements including, but not limited to, changes in general
economic and market conditions and other risk factors. Although the
forward-looking statements are based on what Canoe Financial believes to be
reasonable assumptions, we cannot assure that actual results will be consistent
with these forward-looking statements. Investors should not place undue reliance
on forward-looking statements. These forward-looking statements are made as of
the current date and we assume no obligation to update or revise them to reflect
new events or circumstances.


The Fund makes monthly distributions of an amount comprised in whole or in part
of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the
amount of your original investment and may result in the return to you of the
entire amount of your original investment. ROC that is not reinvested will
reduce the net asset value of the fund, which could reduce the fund's ability to
generate future income. You should not draw any conclusions about the fund's
investment performance from the amount of this distribution.


This communication is not to be construed as a public offering to sell, or a
solicitation of an offer to buy securities. Such an offer can only be made by
way of a prospectus or other applicable offering document and should be read
carefully before making any investment. This release is for information purposes
only. Investors should consult their Investment Advisor for details and risk
factors regarding specific strategies and various investment products.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canoe Financial LP
Investor Relations
1 877-434-2796
info@canoefinancial.com
www.canoefinancial.com

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