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

Obama Visit: Barack-Modi Chemistry On Display; India, US Achieve Breakthrough In Civil Nuclear Deal

Obama Visit: Barack-Modi Chemistry On Display; India, US Achieve Breakthrough In Civil Nuclear Deal
India and the US Sunday announced the much-anticipated breakthrough agreement on commercial implementation of their landmark civil nuclear deal, six years after it was signed, and also entered a new strategic phase of co-production of some defence projects, as Indian Prime Minister Narendra Modi and visiting US President Barack Obama held talks marked by much warmth and camaraderie.

Obama Visit: Barack-Modi Chemistry On Display; India, US Achieve Breakthrough In Civil Nuclear Deal

Federal Parties Struggle To Stay On Top Of Offensive Facebook Comments

Federal Parties Struggle To Stay On Top Of Offensive Facebook Comments
OTTAWA — The recent terror attacks in Paris have unleashed a barrage of anti-Muslim and anti-immigrant comments on the Facebook pages of federal politicians and their parties in Canada — much of it plainly visible to the public.

Federal Parties Struggle To Stay On Top Of Offensive Facebook Comments

Moncton RCMP Search For Suspicious Man Reportedly Carrying Firearm

Moncton RCMP Search For Suspicious Man Reportedly Carrying Firearm
MONCTON, N.B. — RCMP officers are searching a neighbourhood in Moncton, N.B., after receiving a report today of a suspicious male walking down a street with what appeared to be a firearm.

Moncton RCMP Search For Suspicious Man Reportedly Carrying Firearm

Stephen Harper Government Braces For Grilling On Oil Price Plunge, Sputtering Economy

Stephen Harper Government Braces For Grilling On Oil Price Plunge, Sputtering Economy
OTTAWA — Prime Minister Stephen Harper is trying to set the tone for Monday's resumption of Parliament by vowing his government will focus on jobs and economic security.

Stephen Harper Government Braces For Grilling On Oil Price Plunge, Sputtering Economy

When Like Doesn't Mean Like: Experts Say There's Nuance To Facebook Behaviour

When Like Doesn't Mean Like: Experts Say There's Nuance To Facebook Behaviour
A Like shouldn't always be taken literally, say tech experts, who are closely watching the case of 13 Dalhousie University students suspended for their actions on Facebook.

When Like Doesn't Mean Like: Experts Say There's Nuance To Facebook Behaviour

No Winner For Saturday's $5 Million Lotto 649 Jackpot

No Winner For Saturday's $5 Million Lotto 649 Jackpot
TORONTO — No winning tickets were sold for Saturday night's $5 million Lotto 649 jackpot.

No Winner For Saturday's $5 Million Lotto 649 Jackpot