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

Ghomeshi reaches agreement with CBC, withdraws lawsuit against broadcaster

Ghomeshi reaches agreement with CBC, withdraws lawsuit against broadcaster
TORONTO — Scandal-plagued former radio host Jian Ghomeshi has reached an agreement with the CBC to withdraw his $55-million lawsuit against the public broadcaster, a CBC spokesman said on Tuesday.

Ghomeshi reaches agreement with CBC, withdraws lawsuit against broadcaster

Woman accused of arranging to have parents killed was not behind attack: Lawyer

Woman accused of arranging to have parents killed was not behind attack: Lawyer
NEWMARKET, Ont. — A woman accused of arranging to have her parents murdered in a staged home invasion had nothing to do with the real robbery that led to her mother's death at the hands of a "psychopathic killer" desperate for cash, her lawyer said Tuesday.

Woman accused of arranging to have parents killed was not behind attack: Lawyer

Weather Network says winter of 2014 will be a repeat of 2013 for much of Canada

Weather Network says winter of 2014 will be a repeat of 2013 for much of Canada
TORONTO — One of Canada's leading weather watchers has bad news for anyone hoping to avoid the deep freeze of last winter — you're probably out of luck.

Weather Network says winter of 2014 will be a repeat of 2013 for much of Canada

Killer in Eaton Centre shooting says he was only there at girlfriend's urging

Killer in Eaton Centre shooting says he was only there at girlfriend's urging
TORONTO — The man who shot and killed two people in a crowded food court testified on Tuesday that he was only in the downtown mall at his girlfriend's urging.

Killer in Eaton Centre shooting says he was only there at girlfriend's urging

G20 disciplinary hearing for Toronto cop to resume on Dec. 1 with new judge

G20 disciplinary hearing for Toronto cop to resume on Dec. 1 with new judge
TORONTO — A disciplinary hearing for the most senior police officer charged in relation with mass arrests made during Toronto's G20 summit, which was put on hold last week after the presiding judge fell ill, will resume on Dec. 1.

G20 disciplinary hearing for Toronto cop to resume on Dec. 1 with new judge

Flexibility, partnerships key to modern policing, says federal panel

Flexibility, partnerships key to modern policing, says federal panel
OTTAWA — A federally commissioned study says police must be more flexible and seek out partnerships to succeed in the 21st century.

Flexibility, partnerships key to modern policing, says federal panel