Close X
Saturday, September 21, 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. Takes Another Shot At Hunting Allocations After Triggering Hunter Uproar

B.C. Takes Another Shot At Hunting Allocations After Triggering Hunter Uproar
VICTORIA — British Columbia is taking a second shot at setting hunting allocation numbers after admitting its initial attempt at quotas for resident and non-resident hunters missed the target.

B.C. Takes Another Shot At Hunting Allocations After Triggering Hunter Uproar

One Winning Ticket Sold In Ontario For Friday's $50 Million Lotto Max Jackpot

One Winning Ticket Sold In Ontario For Friday's $50 Million Lotto Max Jackpot
TORONTO — There is one winning ticket for the $50-million jackpot in Friday night's Lotto Max draw.

One Winning Ticket Sold In Ontario For Friday's $50 Million Lotto Max Jackpot

BC MLA Andrew Weaver wins defamation suit against National Post

BC MLA Andrew Weaver wins defamation suit against National Post
VANCOUVER — A B.C. judge has awarded $50,000 in damages to a politician and leading climate scientist after he sued the National Post for defamation.

BC MLA Andrew Weaver wins defamation suit against National Post

Minister Jason Kenney Appoints Bob Dhillon to Canada Mortgage and Housing Board

“I am pleased to announce the appointment of this very experienced and talented individual to the Board of CMHC,” said Minister Kenney.  “Mr. Dhillon’s corporate experience and real estate expertise will be of tremendous benefit to the CMHC Board.”

Minister Jason Kenney Appoints Bob Dhillon to Canada Mortgage and Housing Board

$3 Million Domestic Violence Unit Launches in Surrey

$3 Million Domestic Violence Unit Launches in Surrey
The province will apportion $3 million in civil forfeiture funds this year to pay for a new Domestic Violence Unit in Surrey, B.C., local support services and an awareness campaign.

$3 Million Domestic Violence Unit Launches in Surrey

Privacy rights won't be trampled in terror fight, says public safety minister

Privacy rights won't be trampled in terror fight, says public safety minister
OTTAWA — Public Safety Minister Steven Blaney says the privacy rights of Canadians will be respected under new anti-terrorism legislation that would allow more information-sharing with the United States.

Privacy rights won't be trampled in terror fight, says public safety minister