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

Manitoba Premier Greg Selinger enters leadership race that he was forced into

Manitoba Premier Greg Selinger enters leadership race that he was forced into
WINNIPEG — Manitoba Premier Greg Selinger is officially launching his campaign to keep his job today.

Manitoba Premier Greg Selinger enters leadership race that he was forced into

B.C. nurse released from hospital after testing negative for Ebola

B.C. nurse released from hospital after testing negative for Ebola
VANCOUVER — A B.C. nurse practitioner who was being tested for Ebola will be reunited with her family on Friday after health care workers confirmed she does not have the virus.

B.C. nurse released from hospital after testing negative for Ebola

Canadians From Coast To Coast Take Icy New Year's Day Polar Bear Dips

Canadians From Coast To Coast Take Icy New Year's Day Polar Bear Dips
VANCOUVER — Canadians from coast to coast braved a plunge into frigid winter waters Thursday as part of annual polar bear dips held across the country.

Canadians From Coast To Coast Take Icy New Year's Day Polar Bear Dips

Police investigating after stabbing critically hurts man in Vancouver

Police investigating after stabbing critically hurts man in Vancouver
VANCOUVER — A man is in hospital with life-threatening injuries after an early morning stabbing in Vancouver.

Police investigating after stabbing critically hurts man in Vancouver

Pay for top CEOs rose twice as fast as average Canadian since recession: study

Pay for top CEOs rose twice as fast as average Canadian since recession: study
OTTAWA — Canada's top-paid CEOs saw their compensation climb at double the rate of the average Canadian between the depths of the recession and 2013, a new study has found.

Pay for top CEOs rose twice as fast as average Canadian since recession: study

Edmonton police say killing rampage started at home where 7 bodies were found

Edmonton police say killing rampage started at home where 7 bodies were found
EDMONTON — Investigators in Edmonton say a home where seven people were found dead earlier this week was likely the suspect's first stop before moving on to kill at another city residence.

Edmonton police say killing rampage started at home where 7 bodies were found