CanaDream Corporation Records Net and Comprehensive Income of $1.1 Million

CanaDream Corporation (TSX VENTURE:CDN) ("CanaDream" or the "Company") today
announced financial results for the year ended April 30, 2014, as follows:


Revenue for the year ended April 30, 2014 was $29.3 million, net and
comprehensive income $1.1 million, and cash flow from operating activities $18
million.


The Company encourages interested parties to access CanaDream Corporation's
Management Discussion and Analysis (MD&A) on the SEDAR website, www.sedar.com,
for a more detailed discussion of these results.


Summarized results for the year ended April 30, 2014 are as follows:



                                         Year ended April 30,               
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                                          2014           2013         Change
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Revenue                           $ 29,276,000   $ 27,835,000             5%
Income before finance and                                                   
 income tax expenses               $ 2,884,000      2,023,000            43%
Income before income taxes         $ 1,565,000      $ 757,000           107%
Net and comprehensive income       $ 1,133,000      $ 608,000            86%
                                                                            
Cash provided by operating                                                  
 activities                       $ 17,967,000   $ 13,912,000            29%
Cash flow from operations per                                               
 share fully-diluted                95.6 cents     71.2 cents            35%
Basic earnings per share             6.0 cents      3.1 cents           100%
Fully diluted earnings per                                                  
 share                               6.0 cents      3.1 cents           100%
Weighted average shares                                                     
 outstanding                        18,790,987     19,403,167           (3%)
Weighted average diluted shares                                             
 outstanding                        18,790,987     19,547,812           (4%)
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For the year ended April 30, 2014, CanaDream Corporation recorded net and
comprehensive income of $1.1 million, an 86% increase from the prior year. Cash
flow earned from operating activities was $18 million, a 29% increase.


Total revenue increased $1.4 million (guest revenue decreased 4% and revenue
from the sale of guest fleet and fleet inventory increased 19%). Operating
expenses increased 2% from the prior year. Finance interest increased 4%.


At April 30, 2014, investment in guest fleet and fleet inventory was $27
million, a $1.4 million decrease from the prior year. Despite the decrease in
guest fleet and fleet inventory, fleet financing was $20.2 million, an increase
of $123,000 from April 30, 2013.


The Company's core business, promoting the opportunity to experience Canada at
your own pace through the recreational vehicle experience, is seasonal in nature
with the majority of its revenue being earned during the May to October period,
the first and second quarters of its fiscal year. The majority of the Company's
cost of services expenses before employee compensation, benefits and
depreciation are incurred in that same period.


The Company markets for sale guest experienced recreational vehicles and fleet
inventory on a continuous basis throughout the year; however, sales of such
units are generally strongest from January to early summer. As a result of
ongoing depreciation, interest and other operating expenses, the last two
quarters of the fiscal year normally produce operating losses. Losses incurred
in the last two quarters may exceed profits earned in the first two quarters of
the fiscal year.


The financial data included in this release has been prepared in accordance with
International Financial Reporting Standards, except for the term cash flow from
operations per share. Cash flow per share is a measure that provides
shareholders and potential investors with additional information regarding the
Company's liquidity and its ability to generate funds to finance its operations.


CanaDream Corporation promotes Canada and the opportunity to "experience Canada
at your own pace" in recreational vehicles and sells its guest experienced
recreational vehicle fleet on a wholesale and retail basis. The Company is
utilizing its proprietary business-to-business web-enabled system,
www.canadasbest.com, and its business-to-consumer on-line internet reservation
system, www.canadream.com, to operate and expand its network of RV rental
locations in Canada. CanaDream maintains six Company-operated locations in
Calgary, Vancouver, Whitehorse, Toronto, Montreal and Halifax. CanaDream now
offers a global RV solution by partnering with Apollo Motorhome Holidays in
Australia, New Zealand and the USA. The Company is also leveraging its
proprietary technology to build a collective membership network of associate
dealers that are fully interconnected to CanaDream's e-commerce systems.
CanaDream currently has one associate dealer franchisee in Edmonton, Alberta.


Neither TSX Venture Exchange nor its Regulation Services Provider (as the term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mr. Brian Gronberg, President & CEO, CanaDream Corporation
Toll Free: 800-461-7368
E-mail: [e-mail]