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

B.C. Reports Call For Crime-fighting Boss, Job Training For Inmates

B.C. Reports Call For Crime-fighting Boss, Job Training For Inmates
VICTORIA — British Columbia needs to appoint a crime-fighting boss who can cut through provincial, municipal and social bureaucracies to build unified crime-prevention teams, say government reports released Thursday.

B.C. Reports Call For Crime-fighting Boss, Job Training For Inmates

B.C. Mine Inspector Gives Ok For Mount Polley Dam Rebuild After Tailings Breach

B.C. Mine Inspector Gives Ok For Mount Polley Dam Rebuild After Tailings Breach
VICTORIA — British Columbia's chief inspector of mines is allowing the owner of the Mount Polley mine to start repairs on the tailings pond that breached, sending a surge of mine waste and water into nearby lakes and rivers.

B.C. Mine Inspector Gives Ok For Mount Polley Dam Rebuild After Tailings Breach

Ghiz reiterates he won't run for the federal Liberals in 2015

Ghiz reiterates he won't run for the federal Liberals in 2015
QUEBEC — Prince Edward Island Premier Robert Ghiz is again ruling out running for the federal Liberals in next year's election.

Ghiz reiterates he won't run for the federal Liberals in 2015

Police lay assault charges against South African woman after flight diverted

Police lay assault charges against South African woman after flight diverted
HALIFAX — The Mounties have charged a 30-year-old South African woman with assault after an international flight was diverted to Halifax on Wednesday.

Police lay assault charges against South African woman after flight diverted

Minister denies group fighting terrorist label permission to raise legal fees

Minister denies group fighting terrorist label permission to raise legal fees
OTTAWA — An organization that was formally branded a terrorist organization last spring has been denied permission by Public Safety Minister Steven Blaney to raise money to fight the move.

Minister denies group fighting terrorist label permission to raise legal fees

Average pump price goes below $1 for first time since summer of 2010

Average pump price goes below $1 for first time since summer of 2010
OTTAWA — The average cost of a litre of gasoline in Canada has dropped below $1 for the first time in nearly four and a half years, according to price monitoring website GasBuddy.com.

Average pump price goes below $1 for first time since summer of 2010