CKNW News has learned Coast Mountain bus drivers pushed the 'fare not paid button' on board their coaches 2.1-million times in 2011. If you multiply that with the cheapest fare of two-dollars-50 cents, that's just over five-million-dollars in lost revenue. Bus drivers union boss Don McLeod figures that number's on the low side, "You we'd like … [Read more...]
BC Ferries boss says big losses could have been worse
June 15, 2012 by
BC Ferries wracked up a $ 16 million is losses in the last fiscal year but the company president is promising smooth sailing in the years ahead. Mike Corrigan says the loss could have been worse but for some cost cutting. "In reality it's actually quite a good news story, we had budgeted almost a $ 20 million loss at the … [Read more...]
Losses mount at BC Ferries
June 15, 2012 by
Ridership is way down and the red ink is way up at BC Ferries. The corporation recorded a 16.5 million dollar loss for the 2011-2012 fiscal year. Ferries says vehicle traffic was down three and a half percent, falling to a 13 year low, while the number of actual passengers was at a 21 year low. Meanwhile fuel costs were up by … [Read more...]
Despite losses, Premier vows to lead “free enterprise coalition”
April 20, 2012 by
After losing two seats to the NDP in last night's byelection, Premier Christy Clark is promising to work harder to unite the right. But she's rejecting any suggestion she step aside to make that happen. Clark says she has no intention of quitting before next year's provincial election. ".....well I think you know I think what the results tell us is … [Read more...]
Endeavour Silver tightens Q4 losses
March 20, 2012 by
VANCOUVER - Endeavour Silver Corp. (TSX:EDR) tightens fourth-quarter loss to $ 1.8 million, or three cents per share, versus $ 14.3 million loss a year earlier. Revenue dropped 39 per cent to $ 17.5 million. … [Read more...]
Yukon-Nevada Gold tightens losses in Q3
November 7, 2011 by
VANCOUVER - Yukon-Nevada Gold Corp. (TSX: YNG) says third-quarter losses were tightened to US$ 18 million as its revenues grew.The Vancouver-based miner said Monday that losses per share were equal to two cents, compared to a deeper loss of $ 103.7 million, of 16 cents per share a year earlier.Revenue increased to $ 30.1 million from $ 19.5 … [Read more...]
