Close X
Saturday, November 16, 2024
ADVT 
National

Oil Industry Downturn Makes For Low Bidding For Stampede Chuckwagon Ads

Darpan News Desk The Canadian Press, 18 Mar, 2016 01:06 PM
    CALGARY — Mark Sutherland knows first-hand just how bad the downturn in Canada's oil and gas sector really is.
     
    The 45-year-old chuckwagon driver was one of the first to lose his job in 2015 in community relations at a major oil and gas company after 15 years on the job.
     
    He saw the impact again Thursday night at the annual chuckwagon canvas auction for the Calgary Stampede.
     
    That's the event that gives businesses a chance to bid on one of 36 chuckwagon drivers. The winners pay to have their company logo advertised on the canvas covering the rig that is pulled around a track by a team of horses.
     
    "When you buy a newspaper or radio ad it doesn't have a price tag on it for all your customers to see, but when you buy a chuckwagon advertisement it has a pricetag and so companies, I would assume, are afraid about the optics," Sutherland said.
     
    "They know they need to be part of the biggest event but in this economy it's pretty difficult to lay people off and then spend money on advertising."
     
    Thursday's auction raised just under $2.3 million, or about an average of $64,000 per driver.
     
    That number is $480,000 lower than last year's total of $2,782,000 and the worst showing since the last oil and gas downturn in 2010 when it brought in only $1,966,000.
     
    Kurt Bensmiller, the two-time defending GMC Rangeland Derby Champion, received the highest bid on the night at $120,000, down about $50,000 from last year. 
     
    "When the oil's down, everything's down since our economy is built on that but there's still a lot of great companies doing good out there and it showed tonight," he said.
     
    "We budget our whole season on the Calgary Stampede. The other sales definitely help but this is the big one that you know is guaranteed money that you base your whole season on."
     
    It's necessary but not easy. Sutherland said standing on the stage hoping that people will bid for your services is uncomfortable and gives him an idea of what it's like to be an Alberta cow.
     
    His own bid was $85,000, which was up from last year. He predicted things are not going to turn around anytime soon, either for chuckwagons or the oilpatch.
     
    "I have a bunch of great friends who work downtown and I'm still concerned for them," he said. "They're all on the chopping block too - we haven't seen the last of it. I think we're in trouble. I think we're going to be in trouble for a little while longer."

    MORE National ARTICLES

    School Division Defies Alberta Government, Won't Submit Policy On LGBTQ Students

    School Division Defies Alberta Government, Won't Submit Policy On LGBTQ Students
    An Alberta school division has voted to defy the education minister and not submit a policy on transgender and other sexual minority students.

    School Division Defies Alberta Government, Won't Submit Policy On LGBTQ Students

    Justin Trudeau says he expects Canada-EU free deal to be signed this year

    Justin Trudeau says he expects Canada-EU free deal to be signed this year
    When it is it ratified later, it will be an important milestone in relations between Canada and the 28-country European block.

    Justin Trudeau says he expects Canada-EU free deal to be signed this year

    Avalanche Warning Issued For Southeastern B.C., As Dangerous Conditions Develop

    The warning is in effect through to Monday, Feb. 22, and covers the North and South Columbia regions, the Purcell Mountains and the Kootenay Boundary.

    Avalanche Warning Issued For Southeastern B.C., As Dangerous Conditions Develop

    As Fentanyl Deaths Rise, Vancouver Considers More Safe Injection Services

    As Fentanyl Deaths Rise, Vancouver Considers More Safe Injection Services
    Health authorities in Vancouver and Victoria have begun discussions about providing the services in clinics that already help people with addictions, for example, through clean needle programs.

    As Fentanyl Deaths Rise, Vancouver Considers More Safe Injection Services

    Province Uncorks Rules To Licence VQA Wineries In B.C. Grocery Stores

    Province Uncorks Rules To Licence VQA Wineries In B.C. Grocery Stores
    Grocery stores hoping to sell British Columbia's high-quality wines, ciders and sake will have to bid against each other for the chance to apply for a licence.

    Province Uncorks Rules To Licence VQA Wineries In B.C. Grocery Stores

    2 B.C. Beaches Voted Among World's Best

    2 B.C. Beaches Voted Among World's Best
    English Bay ranks 47th because it "comes into its own at dusk" and is a "Mecca for families and volleyball players."

    2 B.C. Beaches Voted Among World's Best