Close X
Friday, November 15, 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

From blackouts to oil plunge, a bleak year for Newfoundland and Labrador Tories

From blackouts to oil plunge, a bleak year for Newfoundland and Labrador Tories
ST. JOHN'S, N.L. — The year 2014 in Newfoundland and Labrador politics started with electricity blackouts that sealed one premier's demise, and ended with a fiscal meltdown that threatens another.

From blackouts to oil plunge, a bleak year for Newfoundland and Labrador Tories

Group accepting gift cards for groceries and gas for family of beaten girl

Group accepting gift cards for groceries and gas for family of beaten girl
EDMONTON — The founder of a group that helps child victims of sexual abuse says support has been pouring in from people who want to help a six-year-old girl who was badly beaten in Alberta.

Group accepting gift cards for groceries and gas for family of beaten girl

Man Dead After Police Shooting In Surrey

Man Dead After Police Shooting In Surrey
SURREY, B.C. — One man is dead in Surrey, B.C., following an officer-involved shooting that is now under investigation by the province's police watchdog.

Man Dead After Police Shooting In Surrey

Police watchdog investigates Surrey shooting

Police watchdog investigates Surrey shooting
SURREY, B.C. — British Columbia's police watchdog is investigating a shooting in Surrey involving transit police.

Police watchdog investigates Surrey shooting

No jackpot winner for Saturday's Lotto 649 draw

No jackpot winner for Saturday's Lotto 649 draw
TORONTO — No winning tickets were sold for Saturday night's $8.6 million Lotto 649 jackpot.

No jackpot winner for Saturday's Lotto 649 draw

Killings, kidnappings, disasters made 2014 a hard year to be a child

Killings, kidnappings, disasters made 2014 a hard year to be a child
OTTAWA — Call it the year of growing up dangerously.

Killings, kidnappings, disasters made 2014 a hard year to be a child