Close X
Thursday, November 14, 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

Crash on Trans-Canada Highway claims lives of two women: B.C. RCMP

Crash on Trans-Canada Highway claims lives of two women: B.C. RCMP
REVELSTOKE, B.C. — A four-vehicle accident east of Revelstoke, B.C., has claimed the lives of two women and closed a section of the Trans-Canada Highway.

Crash on Trans-Canada Highway claims lives of two women: B.C. RCMP

Nearly 40 years and more than 20,000 cases in, many Ebola mysteries remain

Nearly 40 years and more than 20,000 cases in, many Ebola mysteries remain
TORONTO — Ebola has been an extraordinary challenge for science.

Nearly 40 years and more than 20,000 cases in, many Ebola mysteries remain

Police, court documents reveal more details behind Edmonton mass murder-suicide

Police, court documents reveal more details behind Edmonton mass murder-suicide
EDMONTON — What was it that made Phu Lam so angry that he killed eight people?

Police, court documents reveal more details behind Edmonton mass murder-suicide

Tumultuous 2014 in Alberta leads to speculation about early 2015 election

Tumultuous 2014 in Alberta leads to speculation about early 2015 election
EDMONTON — After one of the most tumultuous and bizarre years in the history of the Alberta legislature, there is talk that 2015 will see an encore with a surprise early election call.

Tumultuous 2014 in Alberta leads to speculation about early 2015 election

Fire At Capilano University 'Deliberately Set' And Now Under Investigation: Police

Fire At Capilano University 'Deliberately Set' And Now Under Investigation: Police
VANCOUVER — A fire that police say was deliberately set and damaged part of a university library in B.C. is now the subject of a criminal investigation.

Fire At Capilano University 'Deliberately Set' And Now Under Investigation: Police

Property Values Up In B.C. Northwest Communities Tied To LNG Industry

Property Values Up In B.C. Northwest Communities Tied To LNG Industry
VANCOUVER — Property values in two northwest British Columbia communities tied to the liquefied natural gas industry jumped dramatically last year.

Property Values Up In B.C. Northwest Communities Tied To LNG Industry