Close X
Monday, November 11, 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

Escaped Saskatchewan prisoner who taunted police on Facebook back in jail

Escaped Saskatchewan prisoner who taunted police on Facebook back in jail
BLACK LAKE, Sask. — A 21-year-old man who taunted police on Facebook after he escaped custody in northern Saskatchewan is back in jail.

Escaped Saskatchewan prisoner who taunted police on Facebook back in jail

He's No. 1: Urban research group names Calgary's Naheed Nenshi top world mayor

He's No. 1: Urban research group names Calgary's Naheed Nenshi top world mayor
CALGARY — Naheed Nenshi (nah-HEHD' NEHN'-shee) of Calgary has received an unexpected birthday gift after being named the No. 1 mayor in the world by an international urban research institute.

He's No. 1: Urban research group names Calgary's Naheed Nenshi top world mayor

School Bus And Transport Truck Crash In Northern Alberta; Driver Killed, Several Students Injured

School Bus And Transport Truck Crash In Northern Alberta; Driver Killed, Several Students Injured
GRIMSHAW, Alta. — A school bus driver was killed and several students were seriously injured in a crash with a transport truck in northwestern Alberta on Monday. RCMP said the crash happened at about 8:20 a.m. on Highway 35 north of Grimshaw.

School Bus And Transport Truck Crash In Northern Alberta; Driver Killed, Several Students Injured

Crown Says It Will Not Appeal Decision To Grant Guy Turcotte Bail Pending Trial

Crown Says It Will Not Appeal Decision To Grant Guy Turcotte Bail Pending Trial
MONTREAL — A former doctor charged with killing his children will remain free pending his trial as Quebec's Crown prosecutor's office said Monday it would not appeal the matter further.

Crown Says It Will Not Appeal Decision To Grant Guy Turcotte Bail Pending Trial

Canadians Must Work Harder To Prevent Young People From Becoming Radicalized: Ottawa Imam

Canadians Must Work Harder To Prevent Young People From Becoming Radicalized:  Ottawa Imam
Zijad Delic tells the Senate national security committee there is little talk of steering vulnerable people away from extremism.

Canadians Must Work Harder To Prevent Young People From Becoming Radicalized: Ottawa Imam

Couple Planted Pressure-cooker Bombs On B.C. Legislature, Crown Tells Trial

Couple Planted Pressure-cooker Bombs On B.C. Legislature, Crown Tells Trial
VANCOUVER — The Crown says two people on trial for terrorism charges built three pressure-cooker bombs and planted them on the grounds of the B.C. legislature on Canada Day.

Couple Planted Pressure-cooker Bombs On B.C. Legislature, Crown Tells Trial