SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Amendment No. 11)
Under the Securities Exchange Act of 1934

Catalyst Paper Corporation

(Name of Issuer)

Common Shares
(Title of Class and Securities)

14888T104
(CUSIP Number of Class of Securities)

Third Avenue Management LLC
Attn: Mr. David Barse
622 Third Avenue, 32nd Floor
New York, NY 10017
(212) 888-2290
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

with copies to:
Daniel P. Raglan, Esq.
Torys LLP
237 Park Avenue
New York, NY 10017
(212) 880-6000

June 1, 2011
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this Schedule because of Sections 240.13d-1(e), 240.13d-1(f), or 240.13d-1(g), check the following box: o .

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 14888T104 

1	NAMES OF REPORTING PERSONS Third Avenue Management LLC I .D. No. 01-0690900
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a)   o
	(b)   o
3	SEC USE ONLY
4	SOURCE OF FUNDS (SEE INSTRUCTIONS)
	N/A
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
	o
6	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
		7	SOLE VOTING POWER
NUMBER OF			113,712,582 Shares
SHARES		8	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			0 Shares
EACH		9	SOLE DISPOSITIVE POWER
REPORTING
PERSON			123,474,210 Shares
WITH		10	SHARED DISPOSITIVE POWER
			0 Shares
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	123,474,210 Shares
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
	32.3%1
14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	IA

¹This calculation is based on 381,753,490 common shares of Catalyst Paper Corporation (the “Company”) outstanding as of December 31, 2010 as reported in the Company’s annual report on Form 40-F for the fiscal year ended December 31, 2010.

2

TABLE OF CONTENTS

	Explanatory Note	3
	Item 4. Purpose of Transaction	3
	Item 5. Interest in Securities of the Issuer	4
	Item 7. Material to be Filed as an Exhibit	6
SIGNATURES		7

Explanatory Note

This Amendment No. 11 amends and supplements the Schedule 13D filed on July 28, 2006 by Third Avenue Management LLC (“TAM”), as amended by Amendment No. 1 to the Schedule 13D filed on August 15, 2006 by TAM, Amendment No. 2 to the Schedule 13D filed on October 27, 2006 by TAM, Amendment No. 3 to the Schedule 13D filed on November 14, 2007 by TAM, Amendment No. 4 to the Schedule 13D filed on December 19, 2007 by TAM, Amendment No. 5 to the Schedule 13D filed on January 9, 2008 by TAM, Amendment No. 6 to the Schedule 13D filed on February 10, 2008 by TAM, Amendment No. 7 to the Schedule 13D filed on April 18, 2008 by TAM, Amendment No. 8 to the Schedule 13D filed on May 8, 2008 by TAM, Amendment No. 9 to the Schedule 13D filed on September 15, 2008 by TAM, and Amendment No. 10 to the Schedule 13D filed on November 9, 2010 by TAM (the “Statement”) relating to the common shares (“Common Shares”) of Catalyst Paper Corporation, a corporation organized under the laws of the province of British Columbia, Canada (the “Company”).

This Amendment No. 11 amends the Statement to reflect the disposition of 1,657,000 Common Shares beneficially owned by certain investment advisory clients of TAM and the acquisition of 245,500 Common Shares beneficially owned by certain investment advisory clients of TAM during the past sixty days. As of June 1, 2011, TAM continues to exercise control or direction over 123,474,210 Common Shares, or 32.3% of the outstanding Common Shares (which is a reduction from the 127,734,901 Common Shares, or 33.5% of the outstanding Common Shares, reflected in Amendment No. 10 to the Schedule 13D that was filed on November 9, 2010).

Unless otherwise indicated, all capitalized terms used herein shall have the meanings given to them in the Statement, and unless amended or supplemented hereby, all information previously filed remains in effect.

Item 4. Purpose of Transaction

Item 4 of the Statement is hereby amended in its entirety to read as follows:

Pursuant to instructions from various investment advisory clients of TAM, an aggregate of 1,657,000 Common Shares, or approximately 0.4% of the Company’s issued and outstanding Common Shares, were sold during the past sixty days due to pro-rata reductions in certain accounts. Pursuant to instructions from various investment advisory clients of TAM, an aggregate of 245,500 Common Shares, or approximately 0.1% of the Company’s issued and outstanding Common Shares, were acquired during the past sixty days.

TAM continues to exercise control or direction over 123,474,210 Common Shares as investment adviser to investment advisory clients. TAM is currently entitled to vote 113,712,582 of such Common Shares.

Subject to compliance with applicable securities laws, TAM may, in the future on behalf of its client accounts, acquire control or direction over additional Common Shares, sell Common Shares or cease to exercise control or direction over Common Shares. TAM has no present plans or proposals which relate to or would result in any of the actions specified in clause (a) through (j) of Item 4 of Schedule 13D.

3

Item 5. Interest in Securities of the Issuer

Item 5 of the Statement is hereby amended in its entirety to be replaced by the following:

(a-b) The aggregate number and percentage of Common Shares to which this Schedule 13D relates is 123,474,210 Common Shares, constituting approximately 32.3% of the 381,753,490 Common Shares outstanding as of December 31, 2010.

A. Third Avenue International Value Fund

(a)	Amount beneficially owned: 72,271,095 Common Shares.
(b)	Percent of class: 18.9%
(c)	Number of Common Shares as to which TAM has:

(i)	Sole power to vote or direct the vote: 72,271,095
(ii)	Shared power to vote or direct the vote: 0
(iii)	Sole power to dispose or direct the disposition: 72,271,095
(iv)	Shared power to dispose or direct the disposition: 0

B. Third Avenue Management Separately Managed Accounts

(a)	Amount beneficially owned: 28,191,702 Common Shares.
(b)	Percent of class: 7.4%
(c)	Number of Common Shares as to which TAM has:

(i)	Sole power to vote or direct the vote: 18,430,074
(ii)	Shared power to vote or direct the vote: 0
(iii)	Sole power to dispose or direct the disposition: 28,191,702
(iv)	Shared power to dispose or direct the disposition: 0

C. Third Avenue Small-Cap Value Fund

(a)	Amount beneficially owned: 21,530,352 Common Shares.
(b)	Percent of class: 5.6%
(c)	Number of Common Shares as to which TAM has:

(i)	Sole power to vote or direct the vote: 21,530,352
(ii)	Shared power to vote or direct the vote: 0
(iii)	Sole power to dispose or direct the disposition: 21,530,352
(iv)	Shared power to dispose or direct the disposition: 0

D. Third Avenue International Value Fund UCITS

(a)	Amount beneficially owned: 1,481,061 Common Shares.
(b)	Percent of class: 0.4%
(c)	Number of Common Shares as to which TAM has:

4

(i)	Sole power to vote or direct the vote: 1,481,061
(ii)	Shared power to vote or direct the vote: 0
(iii)	Sole power to dispose or direct the disposition: 1,481,061
(iv)	Shared power to dispose or direct the disposition: 0

(c) TAM has effected the following transactions in the Common Shares during the past sixty days:

Transaction Effected By:	Date of Transaction	Amount of Common Shares Involved	Price per Common Share CAD	Where and How Effected
Third Avenue International Value Fund UCITS	03/22/11	73,100	$   0.3588	Buy
Separately managed accounts	03/30/11	333,500	$   0.3658	Pro-rata reduction
Third Avenue International Value Fund UCITS	04/01/11	44,200	$   0.3300	Buy
Third Avenue International Value Fund UCITS	05/03/11	128,200	$   0.2233	Buy
Separately managed accounts	05/10/11	216,000	$   0.2141	Pro-rata reduction
Separately managed accounts	05/26/11	100,000	$   0.1700	Pro-rata reduction
Separately managed accounts	05/27/11	80,000	$   0.1700	Pro-rata reduction
Separately managed accounts	05/31/11	148,500	$   0.1667	Pro-rata reduction
Separately managed accounts	06/01/11	779,000	$   0.1600	Pro-rata reduction

5

(d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such Common Shares other than the funds and accounts identified above.

(e) Not applicable.

Item 7. Material to be Filed as an Exhibit

Item 7 of the Statement is hereby amended and supplemented by the filing of the following exhibits herewith:

None.

6

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: June 6, 2011

THIRD AVENUE MANAGEMENT LLC
/s/ W. James Hall
Name:	W. James Hall
Title:	General Counsel

7