Close X
Tuesday, November 19, 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

Mall shooter lied about fears to justify cold-blooded killing, prosecutor says

Mall shooter lied about fears to justify cold-blooded killing, prosecutor says
TORONTO — The man accused of a terrifying, deadly attack in a crowded downtown mall concocted a story about living in terror as a way to justify what was a cold-blooded killing, his first-degree murder trial heard Wednesday.

Mall shooter lied about fears to justify cold-blooded killing, prosecutor says

Student Of The Game: Stampeders' Cornish Says Every Move He Makes Is Planned

Student Of The Game: Stampeders' Cornish Says Every Move He Makes Is Planned
A student of the game, the Calgary Stampeders running back almost effortlessly slices through defences, but each juke or spin that leaves a defender grabbing at air has been researched and studied, with a story of its own.

Student Of The Game: Stampeders' Cornish Says Every Move He Makes Is Planned

Prime minister appoints Quebec lawyer Suzanne Cote to Supreme Court

Prime minister appoints Quebec lawyer Suzanne Cote to Supreme Court
OTTAWA — An experienced Quebec trial lawyer has been appointed to fill a vacancy on the bench of the Supreme Court of Canada.

Prime minister appoints Quebec lawyer Suzanne Cote to Supreme Court

Man faces multiple charges in foot-related assaults, footwear thefts in Ontario

Man faces multiple charges in foot-related assaults, footwear thefts in Ontario
AURORA, Ont. — Police say they have arrested a suspect in connection with multiple sexual assaults involving feet and thefts of footwear in several communities north of Toronto.

Man faces multiple charges in foot-related assaults, footwear thefts in Ontario

Finance Minister Oliver says low oil prices have been considered in forecasts

Finance Minister Oliver says low oil prices have been considered in forecasts
TORONTO — Finance Minister Joe Oliver says the federal government has already considered the dramatic slide in oil prices in its fiscal forecasts.

Finance Minister Oliver says low oil prices have been considered in forecasts

Court sets aside RCMP commissioner's 'unreasonable' decision in grievance case

Court sets aside RCMP commissioner's 'unreasonable' decision in grievance case
OTTAWA — A federal judge has overruled the RCMP boss's "unreasonable" decision to deny a staff sergeant's bid for promotion because of long-discounted allegations of misconduct.

Court sets aside RCMP commissioner's 'unreasonable' decision in grievance case