Close X
Sunday, November 17, 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

Ontario doctors who refuse treatment on moral grounds must give referral: new rules

Ontario doctors who refuse treatment on moral grounds must give referral: new rules
TORONTO — Canada's largest medical regulator wants to change its policies so that doctors who refuse to perform certain procedures — such as abortions — on moral grounds must refer patients to another doctor.

Ontario doctors who refuse treatment on moral grounds must give referral: new rules

New housing price index up 0.1 per cent in October: Statistics Canada

New housing price index up 0.1 per cent in October: Statistics Canada
OTTAWA — Statistics Canada says its new housing price index rose 0.1 per cent in October, following an identical rise in September.

New housing price index up 0.1 per cent in October: Statistics Canada

Oil's slide expected to surface at provincial-federal finance ministers' meeting

Oil's slide expected to surface at provincial-federal finance ministers' meeting
OTTAWA — The topic of sliding oil prices is expected to surface this weekend when provincial finance ministers from across Canada have their first face-to-face meeting with federal counterpart Joe Oliver.

Oil's slide expected to surface at provincial-federal finance ministers' meeting

Supreme Court to hear federal challenge to Omar Khadr youth status

Supreme Court to hear federal challenge to Omar Khadr youth status
TORONTO — A decision by the Supreme Court of Canada to hear the federal government's challenge of Omar Khadr's youth status stunned his lawyers on Thursday, although not much would have changed for him if the decision had gone the other way.

Supreme Court to hear federal challenge to Omar Khadr youth status

Extending life of CF-18s to 2025 to cost about $400 million: independent report

Extending life of CF-18s to 2025 to cost about $400 million: independent report
OTTAWA — A long-awaited market analysis into which fighter jet could replace the CF-18s tells the Harper government it can postpone a decision and keep flying the current fleet until 2025, but it will cost roughly $400 million.

Extending life of CF-18s to 2025 to cost about $400 million: independent report

Dead Child Found In Car Trunk In Surrey; Mother Arrested By Police

Dead Child Found In Car Trunk In Surrey; Mother Arrested By Police
SURREY, B.C. — Homicide investigators in Surrey, B.C., say they have arrested a woman believed to be the mother of a child who was found dead in a vehicle.

Dead Child Found In Car Trunk In Surrey; Mother Arrested By Police