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

Vancouver Police Renew Appeal For Tips On Missing British Tourist One Year Later

Vancouver Police Renew Appeal For Tips On Missing British Tourist One Year Later
VANCOUVER — Investigators are seeking clues to the whereabouts of a British tourist who vanished in Vancouver one year ago.

Vancouver Police Renew Appeal For Tips On Missing British Tourist One Year Later

BC Ferries Expects To Save Millions By Converting Largest Vessels To Lng By 2018

BC Ferries Expects To Save Millions By Converting Largest Vessels To Lng By 2018
VICTORIA — BC Ferries plans to convert its two largest vessels to liquefied natural gas in an effort to save fuel costs after sinking $126 million into marine diesel fuel last year.

BC Ferries Expects To Save Millions By Converting Largest Vessels To Lng By 2018

Kamloops Man On Trial For Murder Admits Killing Wife, But Says She Was Attacking Him

Kamloops Man On Trial For Murder Admits Killing Wife, But Says She Was Attacking Him
KAMLOOPS, B.C. — A British Columbia man charged with second-degree murder in the death of his girlfriend admits he killed her, but says it was an accident that happened during a drug-fuelled fight.

Kamloops Man On Trial For Murder Admits Killing Wife, But Says She Was Attacking Him

BC Court Rules Part Of Dangerous-offender Scheme Violates Charter

BC Court Rules Part Of Dangerous-offender Scheme Violates Charter
VANCOUVER — A B.C. judge has ruled the Conservative government's changes to the dangerous-offender regime violate the charter, but it's not yet clear whether the law will be struck down.

BC Court Rules Part Of Dangerous-offender Scheme Violates Charter

Man Fatally Dead Shot Dead by Vancouver Police Identified

Man Fatally Dead Shot Dead by Vancouver Police Identified
VANCOUVER — The B.C. Coroners Service has identified a man who was fatally shot during an encounter with Vancouver police.

Man Fatally Dead Shot Dead by Vancouver Police Identified

Short-term Action Required In Mount Polley Tailings Pond Clean-up: Government

Short-term Action Required In Mount Polley Tailings Pond Clean-up: Government
WILLIAMS LAKE, B.C. — A government progress report into a voluminous wastewater spill at a south-central B.C. gold and copper mine calls for quick completion of human health and environmental risk assessments.

Short-term Action Required In Mount Polley Tailings Pond Clean-up: Government