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

Forget city living: Canadian seniors moving to suburbs, study says

Forget city living: Canadian seniors moving to suburbs, study says
MONTREAL — Twice a week, Alphons Evers sets aside a few hours to work the phone, matching up his roster of volunteer drivers with clients who need a lift.

Forget city living: Canadian seniors moving to suburbs, study says

Today on the Hill: Committees look at the threats to Canadian security

Today on the Hill: Committees look at the threats to Canadian security
OTTAWA — The issue of dealing with those who would harm Canadians will be the focus of two committee meetings taking place today on Parliament Hill.

Today on the Hill: Committees look at the threats to Canadian security

Jury in first-degree murder trial of Luka Rocco Magnotta sent home until Tuesday

Jury in first-degree murder trial of Luka Rocco Magnotta sent home until Tuesday
MONTREAL — Jurors at Luka Rocco Magnotta's first-degree murder trial have been sent home until Tuesday morning.

Jury in first-degree murder trial of Luka Rocco Magnotta sent home until Tuesday

Crew member expected to testify at murder trial of fisherman in Cape Breton

Crew member expected to testify at murder trial of fisherman in Cape Breton
PORT HAWKESBURY, N.S. — The trial of a Nova Scotia man charged in the death of a lobster fisherman whose body has never been found is expected to resume today.

Crew member expected to testify at murder trial of fisherman in Cape Breton

Woman Found Dead In A Surrey Home, Husband Is In Police Custody

Woman Found Dead In A Surrey Home, Husband Is In Police Custody
taff Sgt. Jennifer Pound of the Integrated Homicide Investigation Team says Mounties were called to the home (in the 6900 block of 152 St.) yesterday afternoon and found the woman's body.

Woman Found Dead In A Surrey Home, Husband Is In Police Custody

New Brunswick premier says Ontario's conditions for Energy East are reasonable

New Brunswick premier says Ontario's conditions for Energy East are reasonable
TORONTO — Conditions that Ontario wants met for its support of the proposed Energy East Pipeline from Alberta to the East Coast won't hinder the project, says New Brunswick Premier Brian Gallant.

New Brunswick premier says Ontario's conditions for Energy East are reasonable