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

John Baird headed to Egypt to push for Canadian journalist's release

John Baird headed to Egypt to push for Canadian journalist's release
OTTAWA — Foreign Affairs Minister John Baird is on his way to Egypt, where he is expected to push for the release of imprisoned Egyptian-Canadian journalist Mohamed Fahmy.

John Baird headed to Egypt to push for Canadian journalist's release

Politicians call on Ottawa to help secure release of Saudi blogger

Politicians call on Ottawa to help secure release of Saudi blogger
MONTREAL — Several politicians are calling on Ottawa and Quebec to help secure the freedom of a Saudi blogger who was flogged 50 times last week after being convicted of insulting Islam.

Politicians call on Ottawa to help secure release of Saudi blogger

CBC Denies 'Sabotage' Allegation Against Business Anchor Amanda Lang

CBC Denies 'Sabotage' Allegation Against Business Anchor Amanda Lang
The CBC, still dealing with fallout from the Jian Ghomeshi scandal, is defending one of its highest-profile personalities against a report that she attempted to "sabotage" a 2013 story about a bank that had sponsored some speeches or events at which she spoke.

CBC Denies 'Sabotage' Allegation Against Business Anchor Amanda Lang

Dentistry investigation should be done externally, Dalhousie senate told

Dentistry investigation should be done externally, Dalhousie senate told
HALIFAX — Members of Dalhousie University's senate argued Monday that the disciplinary process facing male dentistry students alleged to have posted sexually violent comments on Facebook about their female classmates should be conducted outside the faculty of dentistry.

Dentistry investigation should be done externally, Dalhousie senate told

Flames, thick smoke, mark final curtain for historic Edmonton theatre

Flames, thick smoke, mark final curtain for historic Edmonton theatre
EDMONTON — A historic entertainment venue in Edmonton that traced its roots back to the late 1930s has been destroyed by fire.

Flames, thick smoke, mark final curtain for historic Edmonton theatre

Attention passengers: police board plane, charge man with stealing megaphone

Attention passengers: police board plane, charge man with stealing megaphone
SASKATOON — A passenger on a WestJet flight to Saskatoon says police boarded the plane looking for someone who had snatched the aircraft's megaphone.

Attention passengers: police board plane, charge man with stealing megaphone