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

CBSA officers seize 17 kg of suspected heroin at Toronto's Pearson Airport

CBSA officers seize 17 kg of suspected heroin at Toronto's Pearson Airport
MISSISSAUGA, Ont. — Canadian border officials say 17 kilograms of suspected heroin was seized at Toronto's Pearson International Airport after a flight came in from Pakistan.

CBSA officers seize 17 kg of suspected heroin at Toronto's Pearson Airport

Feds looking to expand no-fly regime, detention provisions in anti-terror fight

Feds looking to expand no-fly regime, detention provisions in anti-terror fight
OTTAWA — The Conservative government wants to retool Canada's no-fly list procedures to make it easier to stop a suspected terrorist from boarding an airplane.

Feds looking to expand no-fly regime, detention provisions in anti-terror fight

Saskatoon museum learns prized bust once belonged to French emperor

Saskatoon museum learns prized bust once belonged to French emperor
SASKATOON — A museum curator in Saskatoon says a bronze bust donated in 1988 once belonged to French emperor Napoleon Bonaparte.

Saskatoon museum learns prized bust once belonged to French emperor

Murder charges dropped against man accused in Toronto neighbourhood shooting

Murder charges dropped against man accused in Toronto neighbourhood shooting
TORONTO — Two first-degree murder charges have been withdrawn against a man accused in a July 2012 shooting that sparked panic at a community barbecue in Toronto.

Murder charges dropped against man accused in Toronto neighbourhood shooting

Finance Minister Oliver says he won't meddle with banks' decisions on rates

Finance Minister Oliver says he won't meddle with banks' decisions on rates
OTTAWA — Federal Finance Minister Joe Oliver says he has no intention of pushing Canadian banks to follow the Bank of Canada's lead and drop their rates.

Finance Minister Oliver says he won't meddle with banks' decisions on rates

Montreal man charged with terrorism hoax to undergo more psychiatric tests

Montreal man charged with terrorism hoax to undergo more psychiatric tests
MONTREAL — A Montreal man facing a terrorism-related charge will undergo an additional six weeks of psychiatric evaluation.

Montreal man charged with terrorism hoax to undergo more psychiatric tests