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

Dinner in Saskatoon pays tribute to hometown hockey legend Gordie Howe

Dinner in Saskatoon pays tribute to hometown hockey legend Gordie Howe
SASKATOON — Gordie Howe learned to play hockey with second-hand skates.

Dinner in Saskatoon pays tribute to hometown hockey legend Gordie Howe

No new trial for Calgary reservist in fatal Afghanistan training accident

No new trial for Calgary reservist in fatal Afghanistan training accident
CALGARY — A military reservist who won an appeal of his conviction in a deadly Afghanistan training accident will not face a new trial.

No new trial for Calgary reservist in fatal Afghanistan training accident

Saskatchewan Premier Wall, cabinet ministers freeze wages to face 'challenges'

Saskatchewan Premier Wall, cabinet ministers freeze wages to face 'challenges'
REGINA — Saskatchewan Premier Brad Wall says he and his cabinet ministers have agreed to take a wage freeze to help address "revenue challenges."

Saskatchewan Premier Wall, cabinet ministers freeze wages to face 'challenges'

Superheroes suit up for charity game honouring missing Calgary boy

Superheroes suit up for charity game honouring missing Calgary boy
CALGARY — Former hockey superstars laced up their skates for a challenge game at Calgary's Saddledome last night in memory of a little hockey-playing fan of superheroes who hasn't been seen since last summer.

Superheroes suit up for charity game honouring missing Calgary boy

Liberal Leader Justin Trudeau to speak to Canadian Club in Calgary

Liberal Leader Justin Trudeau to speak to Canadian Club in Calgary
CALGARY — Federal Liberal Leader Justin Trudeau is in Calgary today for a speech on the environment and the economy to the Canadian Club.

Liberal Leader Justin Trudeau to speak to Canadian Club in Calgary

Part-time work helps Canada churn out 35,400 net jobs, jobless rate at 6.6%

Part-time work helps Canada churn out 35,400 net jobs, jobless rate at 6.6%
OTTAWA — A surge in part-time work last month helped the Canadian economy pack on 35,400 net new jobs, a change that nudged the unemployment rate down to 6.6 per cent.

Part-time work helps Canada churn out 35,400 net jobs, jobless rate at 6.6%