Close X
Saturday, November 16, 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

Wynne hopes Harper doesn't have a 'vendetta' against Ontario

Wynne hopes Harper doesn't have a 'vendetta' against Ontario
TORONTO — Ontario's premier hopes Prime Minister Stephen Harper doesn't have a "vendetta" against the people of the province, saying the well-being of Canadians should dictate their working relationship, not his "feelings."

Wynne hopes Harper doesn't have a 'vendetta' against Ontario

Majority of Canadians still have holiday shopping to do this weekend: poll

Majority of Canadians still have holiday shopping to do this weekend: poll
TORONTO — A new poll suggests that most Canadians are procrastinators when it comes to holiday shopping.

Majority of Canadians still have holiday shopping to do this weekend: poll

Canada buys additional massive military cargo jet as C-17 production wraps up

Canada buys additional massive military cargo jet as C-17 production wraps up
OTTAWA — Defence Minister Rob Nicholson has formally announced that the air force will get a fifth C-17 Globemaster heavy-lift transport plane.

Canada buys additional massive military cargo jet as C-17 production wraps up

HuffPost Live files bid with CRTC for Canadian television channel

HuffPost Live files bid with CRTC for Canadian television channel
TORONTO — An application has been filed with Canada's broadcast regulator to add a Huffington Post channel to the English television lineup.

HuffPost Live files bid with CRTC for Canadian television channel

B.C. Wines Available At Grocery Stores On April 1

B.C. Wines Available At Grocery Stores On April 1
Attorney General Suzanne Anton says as part of the government's relaxed liquor laws, independent wine stores now have a shot at transferring their licences to grocery stores as long as they sell only 100 per cent B.C. wines.

B.C. Wines Available At Grocery Stores On April 1

Amrik Virk Removed As Minister Of Advanced Education By Christy Clark In BC Government Shuffle

Amrik Virk Removed As Minister Of Advanced Education By Christy Clark In BC Government Shuffle
Premier Christy Clark has shuffled her cabinet, moving Amrik Virk out of his advanced education portfolio on the same day an updated report revealed that the minister was fully knowledgeable about a compensation package that broke government guidelines.

Amrik Virk Removed As Minister Of Advanced Education By Christy Clark In BC Government Shuffle