Close X
Monday, November 11, 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

    Manitoba Patient Wants Court To Grant Doctor-Assisted Death, Anonymity

    Court documents show the patient wants a constitutional exemption for a physician-assisted death because of two grievous medical conditions that are causing suffering.

    Manitoba Patient Wants Court To Grant Doctor-Assisted Death, Anonymity

    Rachel Notley, NDP Cleared In Ethics Report On Fundraisers, But Warned Of Optics

    Rachel Notley, NDP Cleared In Ethics Report On Fundraisers, But Warned Of Optics
    Ethics commissioner Marguerite Trussler, in a report issued Monday, expressed concern that both fundraising events were kept quiet from the public.

    Rachel Notley, NDP Cleared In Ethics Report On Fundraisers, But Warned Of Optics

    Forcing Banks To Shoulder More Home Mortgage Risk Still On The Table, CMHC Says

    Forcing Banks To Shoulder More Home Mortgage Risk Still On The Table, CMHC Says
    Canada Mortgage and Housing Corporation is continuing to explore the possibility of forcing banks to shoulder more of the risk associated with home mortgage loans.

    Forcing Banks To Shoulder More Home Mortgage Risk Still On The Table, CMHC Says

    Judge Tosses Former CFL Player's Concussion Lawsuit From B.c. Court

    Judge Tosses Former CFL Player's Concussion Lawsuit From B.c. Court
    B.C. Supreme Court Justice Christopher Hinkson said in a written ruling that the issues raised in Arland Bruce's lawsuit are part of a collective bargaining agreement between the league and the CFL Players’ Association.

    Judge Tosses Former CFL Player's Concussion Lawsuit From B.c. Court

    Allah Told Me To Come And Kill People: Ayanie Hassan Ali Accused Of Stabbing Canadian Forces Centre

    Allah Told Me To Come And Kill People: Ayanie Hassan Ali Accused Of Stabbing Canadian Forces Centre
    The incident occurred mid-afternoon Monday, when a man walked into the government building that houses a Canadian Armed Forces recruitment centre on the ground floor.

    Allah Told Me To Come And Kill People: Ayanie Hassan Ali Accused Of Stabbing Canadian Forces Centre

    Choir, Priest, Squirt Guns Bless Tofino Fleet At Dock Side Ceremony

    Choir, Priest, Squirt Guns Bless Tofino Fleet At Dock Side Ceremony
    The annual blessing of the boats ceremony in Tofino, British Columbia, was conducted as the tourism-dependent community struggles to recover from a tragic whale-watching incident last October that resulted in six deaths.

    Choir, Priest, Squirt Guns Bless Tofino Fleet At Dock Side Ceremony