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

Hamilton man to face 4th trial in the 1981 murder of a young woman

Hamilton man to face 4th trial in the 1981 murder of a young woman
TORONTO — An Ontario man will be tried for a fourth time in September 2016 in the murder of a nursing assistant who was killed 33 years ago in the Hamilton area.

Hamilton man to face 4th trial in the 1981 murder of a young woman

Canadian shot by U.S. border guards after pointing gun is charged in Windsor, Ont

Canadian shot by U.S. border guards after pointing gun is charged in Windsor, Ont
DETROIT — A 22-year-old Canadian man who was shot by U.S. border guards after pointing what appeared to be a gun at them is facing weapons-related charges in Windsor, Ont.

Canadian shot by U.S. border guards after pointing gun is charged in Windsor, Ont

Heather Forsyth named Alberta Wildrose interim leader, party hopes to rebound

Heather Forsyth named Alberta Wildrose interim leader, party hopes to rebound
CALGARY — Alberta's Wildrose party has named an interim leader after Danielle Smith and eight other caucus members bolted to the governing Progressive Conservatives.

Heather Forsyth named Alberta Wildrose interim leader, party hopes to rebound

Going to pot: As attitudes to marijuana mellow, could legalization be next?

Going to pot: As attitudes to marijuana mellow, could legalization be next?
TORONTO — Smoke it, toke it, vape it, eat it — marijuana, it seems, is going mainstream.

Going to pot: As attitudes to marijuana mellow, could legalization be next?

Vancouver Restaurant Owner Who Recorded Toilet Visits Thrilled With Secrets, Not Sexual Impulses

Vancouver Restaurant Owner Who Recorded Toilet Visits Thrilled With Secrets, Not Sexual Impulses
Maegan Richards asked a Vancouver provincial court judge to impose a conditional discharge for Allan Bosomworth, who was the co-owner of Two Chefs and a Table restaurant where he hid a camera in the coed washroom in December 2012.

Vancouver Restaurant Owner Who Recorded Toilet Visits Thrilled With Secrets, Not Sexual Impulses

Imprisoned journalist warned Al Jazeera tactics could come back to 'bite' them

Imprisoned journalist warned Al Jazeera tactics could come back to 'bite' them
An Egyptian-Canadian journalist who has spent the last year in a Cairo prison sounded the alarm about his network's approach to Egypt's precarious security situation months before he and his colleagues were arrested, documents obtained by The Canadian Press suggest.

Imprisoned journalist warned Al Jazeera tactics could come back to 'bite' them