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

Reputation Of Dalhousie University Dentistry Student Should Be Cleared: Lawyer

Reputation Of Dalhousie University Dentistry Student Should Be Cleared: Lawyer
HALIFAX — A Dalhousie University dentistry student who helped expose a Facebook group where misogynistic comments were posted about female classmates should have his reputation cleared, his lawyer said Tuesday.

Reputation Of Dalhousie University Dentistry Student Should Be Cleared: Lawyer

Justin Trudeau Blasts Harper's Economic Management, Says Liberals More Fiscally Prudent

Justin Trudeau Blasts Harper's Economic Management, Says Liberals More Fiscally Prudent
LONDON, Ont. — Justin Trudeau is casting his refusal to be pinned down on economic policy as a sign he's more prudent and fiscally responsible — and even more prime ministerial — than Stephen Harper, whom he accuses of making it up on the fly.

Justin Trudeau Blasts Harper's Economic Management, Says Liberals More Fiscally Prudent

Kathleen Wynne Proposes National Infrastructure Partnership: 'We All Know The Reality'

OTTAWA — Ontario Premier Kathleen Wynne has proposed a sweeping, multi-billion-dollar national infrastructure partnership between the provinces and the federal government, despite growing concerns about the impact of falling oil prices on Ottawa's bottom line.

Kathleen Wynne Proposes National Infrastructure Partnership: 'We All Know The Reality'

Premier Christy Clark Demands More Details On Kinder Morgan's Safety Plans For Pipeline Expansion

Premier Christy Clark Demands More Details On Kinder Morgan's Safety Plans For Pipeline Expansion
VANCOUVER — British Columbia Premier Christy Clark is demanding Kinder Morgan disclose more details about its safety plans before the province approves the company's $5.4-billion pipeline expansion project.

Premier Christy Clark Demands More Details On Kinder Morgan's Safety Plans For Pipeline Expansion

B.C. Privacy Watchdog To Look Over District Software To Ensure Legal Compliance

B.C. Privacy Watchdog To Look Over District Software To Ensure Legal Compliance
VICTORIA — British Columbia's privacy watchdog is probing an embattled mayor's allegation that spyware is monitoring his office computer and others in the District of Saanich.

B.C. Privacy Watchdog To Look Over District Software To Ensure Legal Compliance

Homebound Snowbirds Oblivious Potential Carriers Of Aquatic Invasive Species

Homebound Snowbirds Oblivious Potential Carriers Of Aquatic Invasive Species
RICHMOND, B.C. — Experts are warning that flocks of older Canadians who tow pleasure boats south each winter to sunny U.S. destinations threaten to bring home an environmental and economic calamity.

Homebound Snowbirds Oblivious Potential Carriers Of Aquatic Invasive Species