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

Surrey Dog Walker Sentenced To Six Months In Jail After Six Dogs Died In Her Care

Surrey Dog Walker Sentenced To Six Months In Jail After Six Dogs Died In Her Care
SURREY, B.C. — A Vancouver-area dog walker who admitted to leaving six dogs inside her hot truck has been sentenced to six months in jail for their deaths.

Surrey Dog Walker Sentenced To Six Months In Jail After Six Dogs Died In Her Care

New Conservative anti-terror bill needs to walk a fine line, Kenney says

New Conservative anti-terror bill needs to walk a fine line, Kenney says
OTTAWA — There's a fine line between legitimate religious expression and inciting terrorism, says Conservative cabinet minister Jason Kenney.

New Conservative anti-terror bill needs to walk a fine line, Kenney says

Canada extends a second, $200M loan to Ukraine to promote economy

Canada extends a second, $200M loan to Ukraine to promote economy
OTTAWA — Canada will provide another low-interest, $200-million loan to Ukraine to help promote economic stability.

Canada extends a second, $200M loan to Ukraine to promote economy

Spies zero in on file-sharing services as part of terrorist hunt: CBC

Spies zero in on file-sharing services as part of terrorist hunt: CBC
OTTAWA — A new report says Canada's electronic spy agency sifts through millions of videos and documents downloaded every day through file-sharing services as part of its bid to find terrorists.

Spies zero in on file-sharing services as part of terrorist hunt: CBC

Feds spend $700,000 in court fighting veterans class-action lawsuit

Feds spend $700,000 in court fighting veterans class-action lawsuit
OTTAWA — The Harper government has spent almost $700,000 fighting a class-action lawsuit by disgruntled, wounded Afghan veterans.

Feds spend $700,000 in court fighting veterans class-action lawsuit

France wants Canada to try again for UN Security Council after 2010 loss: envoy

France wants Canada to try again for UN Security Council after 2010 loss: envoy
OTTAWA — Canada should try again for at a seat on the United Nations Security Council despite its historic loss in 2010, because it is a "global player," says the French ambassador to Canada.

France wants Canada to try again for UN Security Council after 2010 loss: envoy