Close X
Monday, September 23, 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

No more paid appearances for CBC and Radio-Canada on-air talent

No more paid appearances for CBC and Radio-Canada on-air talent
TORONTO — The CBC says it will no longer approve any paid appearances by its on-air journalistic employees.

No more paid appearances for CBC and Radio-Canada on-air talent

Former Ontario premier Ernie Eves working with medical marijuana company

Former Ontario premier Ernie Eves working with medical marijuana company
TORONTO — Ernie Eves has gone from politics to pot.

Former Ontario premier Ernie Eves working with medical marijuana company

Police investigate after Quebec town's web page replaced with Islamist messages

Police investigate after Quebec town's web page replaced with Islamist messages
MONTREAL — Quebec provincial police say they're investigating after a municipality's website appeared to be hacked by someone claiming to be linked to an Islamic extremist group.

Police investigate after Quebec town's web page replaced with Islamist messages

Netanyahu trip exposes frostbitten relationship with U.S. president

Netanyahu trip exposes frostbitten relationship with U.S. president
WASHINGTON — When Israel's prime minister visits Washington soon, he'll find the White House doors slammed firmly shut.

Netanyahu trip exposes frostbitten relationship with U.S. president

Food-cost crisis shames Far North: 'We can't pretend it doesn't exist anymore'

Food-cost crisis shames Far North: 'We can't pretend it doesn't exist anymore'
IQALUIT, Nunavut — Israel Mablick opens the door of his refrigerator and takes stock of its meagre offerings.

Food-cost crisis shames Far North: 'We can't pretend it doesn't exist anymore'

Conservatives mulling focus on manufacturing sector in federal budget

Conservatives mulling focus on manufacturing sector in federal budget
OTTAWA — The Conservative government is considering a strong focus on the manufacturing sector in the upcoming budget, part of a general shift in attention towards Ontario and its voters.

Conservatives mulling focus on manufacturing sector in federal budget