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

Judicial review begins in Nova Scotia for private Christian law school

Judicial review begins in Nova Scotia for private Christian law school
HALIFAX — A private Christian university in British Columbia is hoping to persuade a judge to overturn a decision by the Nova Scotia Barristers' Society to deny accreditation to graduates of the university's proposed law school.

Judicial review begins in Nova Scotia for private Christian law school

Alberta imposes cost saving measures in face of falling energy revenues

Alberta imposes cost saving measures in face of falling energy revenues
EDMONTON — Alberta is imposing some cost-saving measures to help deal with sharply falling resource revenues.

Alberta imposes cost saving measures in face of falling energy revenues

Cafe at centre of 2013 deadly Lac-Megantic explosion reopens

Cafe at centre of 2013 deadly Lac-Megantic explosion reopens
LAC-MEGANTIC, Que. — The restaurant-bar at ground zero of the deadly train derailment and explosion that killed 47 people in July 2013 is back in business.

Cafe at centre of 2013 deadly Lac-Megantic explosion reopens

Not dead yet: Fight continues over EU effort to label oilsands as dirty oil

Not dead yet: Fight continues over EU effort to label oilsands as dirty oil
OTTAWA — Like a movie monster from the black bog, a European Union directive that would stigmatize "dirty" imports of Canadian bitumen refuses to die.

Not dead yet: Fight continues over EU effort to label oilsands as dirty oil

Loose ends remain in case of woman convicted of ordering hit on parents

Loose ends remain in case of woman convicted of ordering hit on parents
NEWMARKET, Ont. — The investigation into the slaying of a Toronto-area woman and wounding of her husband continues even after their daughter and three accomplices were convicted of first-degree murder in the assassination plot this weekend.

Loose ends remain in case of woman convicted of ordering hit on parents

Eight years after Calgary murder RCMP arrest two in Ontario

Eight years after Calgary murder RCMP arrest two in Ontario
CALGARY — Police have made arrests in the 2006 murder of a Calgary man who was shot to death and dumped in a rural area east of the city.

Eight years after Calgary murder RCMP arrest two in Ontario