Close X
Tuesday, November 12, 2024
ADVT 
National

BC Ferries Gets New Chief Financial Officer, Reports $6.1m Loss In Last Quarter

The Canadian Press, 13 Feb, 2015 03:29 PM
  • BC Ferries Gets New Chief Financial Officer, Reports $6.1m Loss In Last Quarter
VICTORIA — BC Ferries has announced the appointment of a new chief financial officer who most recently worked in Ontario's energy sector.
 
Ferries president Mike Corrigan says that starting in April, Dennis Dodo will also be responsible for government and regulatory affairs.
 
Current CFO, Robert Clark is deferring his retirement and will lead new programs including e-commerce and information technology upgrades, which Corrigan says are critical to the company's long-term success.
 
BC Ferries says it lost $6.1 million between last October and December, about half the loss it incurred for the same period a year earlier.
 
During the last quarter of 2014, BC Ferries provided 41,000 sailings compared to 45,000 during the same period in 2013 due to planned service cuts in some communities.
 
It says earnings were about $84 million for the last nine months of 2014, up from about $56 million compared to the same period a year earlier.

MORE National ARTICLES

Alberta premier Prentice considers sales tax to fix ailing, oil-based economy

Alberta premier Prentice considers sales tax to fix ailing, oil-based economy
EDMONTON — Alberta's prideful boast of being the only jurisdiction in Canada without a provincial sales tax may soon be history.

Alberta premier Prentice considers sales tax to fix ailing, oil-based economy

Calgary professor focuses on "golden age" of Archie Comics in new book

Calgary professor focuses on
CALGARY — Archie, Veronica, Betty and Reggie have undergone a modern makeover in the last four years, but it's the "golden age" of the popular Archie Comics that's the focus of a new book by a University of Calgary academic.

Calgary professor focuses on "golden age" of Archie Comics in new book

Prentice pans talk of Alberta recession; calls the suggestion an 'outlier'

Prentice pans talk of Alberta recession; calls the suggestion an 'outlier'
CALGARY — Premier Jim Prentice is scoffing at a suggestion by the Conference Board of Canada that Alberta is likely to face a recession as crude prices continue to plunge.

Prentice pans talk of Alberta recession; calls the suggestion an 'outlier'

1,500 copies of latest Charlie Hebdo issue available in Canada on Friday

1,500 copies of latest Charlie Hebdo issue available in Canada on Friday
TORONTO — The Canadian distributor for the satirical magazine Charlie Hebdo says 1,500 copies of the latest issue — which features a caricature of the Prophet Muhammad on the cover — will be available in different parts of the country Friday.

1,500 copies of latest Charlie Hebdo issue available in Canada on Friday

Const. Kwesi Millington Tells Perjury Trial He Did No Wrong When He Used Taser On Robert Dziekanski

Const.  Kwesi Millington Tells Perjury Trial He Did No Wrong When He Used Taser On Robert Dziekanski
VANCOUVER — An RCMP officer involved in Robert Dziekanski's death denies he concluded with his fellow officers to come up with a story to tell homicide investigators.

Const. Kwesi Millington Tells Perjury Trial He Did No Wrong When He Used Taser On Robert Dziekanski

Coroners' Service Names Victims Of Deadly Ice-climbing Fall Near Whistler

Coroners' Service Names Victims Of Deadly Ice-climbing Fall Near Whistler
Coroner Barb McLintock says 35-year-old Elena Cernicka of North Vancouver and 31- and 30-year-olds Charles Mackenzie and Stephanie Grothe of Vancouver died after falling on Mount Joffre near Pemberton on Sunday.

Coroners' Service Names Victims Of Deadly Ice-climbing Fall Near Whistler