Close X
Saturday, September 21, 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

Questions and answers about case of Clayton Cromwell, who died of drug overdose

Questions and answers about case of Clayton Cromwell, who died of drug overdose
HALIFAX — Some questions and answers about the case of Clayton Cromwell, who died after a drug overdose last April at the Central Nova Scotia Correctional Facility in Halifax:

Questions and answers about case of Clayton Cromwell, who died of drug overdose

Edmonton police union backs call for Crowns to replace officers in bail hearings

Edmonton police union backs call for Crowns to replace officers in bail hearings
EDMONTON — A police officer who consented to bail for a career criminal who would later kill a Mountie in Alberta has been unfairly targeted as making a mistake, says his union.

Edmonton police union backs call for Crowns to replace officers in bail hearings

Highlights of report on Quebec seniors' home blaze that killed 32

Highlights of report on Quebec seniors' home blaze that killed 32
MONTREAL — A Quebec coroner released his report Thursday into a seniors' home fire that claimed 32 lives at the Residence du Havre in L'Isle-Verte, Que., in the early hours of Jan. 23, 2014. Coroner Cyrille Delage's report came after he heard from more than 50 witnesses over several days at hearings held last November and December. His recommendations include:

Highlights of report on Quebec seniors' home blaze that killed 32

Bombardier makes changes at the top, installs new CEO, suspends dividend

Bombardier makes changes at the top, installs new CEO, suspends dividend
MONTREAL — Bombardier is undergoing another executive shakeup, this time hitting the transportation giant's most senior level, as it adjusts to the soaring cost of the new CSeries passenger jet.

Bombardier makes changes at the top, installs new CEO, suspends dividend

B.C. Government Introducing Legislation That Would Allow Prosecution Of Employers If Workers Injured

B.C. Government Introducing Legislation That Would Allow Prosecution Of Employers If Workers Injured
VICTORIA — The B.C. government is introducing legislation that would allow for the prosecution of negligent employers whose actions seriously injure or kill workers.

B.C. Government Introducing Legislation That Would Allow Prosecution Of Employers If Workers Injured

Translink Replaces Its CEO Ian Jarvis 'To Restore Public Confidence'

Translink Replaces Its CEO Ian Jarvis 'To Restore Public Confidence'
VANCOUVER — Metro Vancouver's transit authority has removed its chief executive with just one month to go before residents vote on a tax to fund $7.5 billion in upgrades. 

Translink Replaces Its CEO Ian Jarvis 'To Restore Public Confidence'