Close X
Wednesday, November 13, 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

Police Watchdog Clears Mountie Who Shot Dead Suicidal Surrey Man

Police Watchdog Clears Mountie Who Shot Dead Suicidal Surrey Man
SURREY, B.C. — British Columbia's police watchdog says an RCMP dog handler did not break the law when he shot an intoxicated, suicidal Surrey man who fired his shotgun during a confrontation a year ago.

Police Watchdog Clears Mountie Who Shot Dead Suicidal Surrey Man

Sales of homes worth over $1 million grew in 2014: Sotheby's report

Sales of homes worth over $1 million grew in 2014: Sotheby's report
TORONTO — Sales of homes worth over $1 million increased in four major Canadian real estate markets last year, according to a report released by Sotheby's International Realty on Wednesday.

Sales of homes worth over $1 million grew in 2014: Sotheby's report

Woman Caught On Video Setting Up Traps On North Vancouver Bike Trails

Woman Caught On Video Setting Up Traps On North Vancouver Bike Trails
VANCOUVER — A 64-year-old woman accused of setting up traps on bike trails in North Vancouver is facing criminal charges after her actions were allegedly caught on video.

Woman Caught On Video Setting Up Traps On North Vancouver Bike Trails

Five of six members of Nutrition North advisory board are Conservative donors

Five of six members of Nutrition North advisory board are Conservative donors
OTTAWA — Public records show the board that advises the federal cabinet minister in charge of the Nutrition North food subsidy program is almost entirely made up of Conservative donors.

Five of six members of Nutrition North advisory board are Conservative donors

Stab Wounds, Not House Fire Claimed Life Of One Three Killed In Victoria: Coroner

Stab Wounds, Not House Fire Claimed Life Of One Three Killed In Victoria: Coroner
VICTORIA — A B.C. coroner's report has concluded that one of three people thought to have died in a house fire in Victoria actually died of stab wounds.

Stab Wounds, Not House Fire Claimed Life Of One Three Killed In Victoria: Coroner

Vets versus Vaughan: Harper's calculus for keeping Fantino in cabinet

Vets versus Vaughan: Harper's calculus for keeping Fantino in cabinet
OTTAWA — Veterans versus Vaughan.

Vets versus Vaughan: Harper's calculus for keeping Fantino in cabinet