Close X
Monday, November 18, 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

    B.C. Premier Christy Clark To Canvass Economic Issues In Upcoming Ottawa Visit

    Clark is slated to meet with federal government officials this week to discuss support for various B.C. industries and how the new Liberal government can strengthen her province's economic performance.

    B.C. Premier Christy Clark To Canvass Economic Issues In Upcoming Ottawa Visit

    Charlottetown Police Rescue Dog That Tumbled Down Into Open Manhole

    Charlottetown Police Rescue Dog That Tumbled Down Into Open Manhole
    CHARLOTTETOWN — A Charlottetown dog had to be rescued after tumbling into an open manhole, police said.

    Charlottetown Police Rescue Dog That Tumbled Down Into Open Manhole

    Employers With Workers In B.C.'s Backcountry Urged To Consider Avalanche Risks

    Forest industry specialist Carol Savage says businesses often don't realize the dangers workers face in avalanche zones.

    Employers With Workers In B.C.'s Backcountry Urged To Consider Avalanche Risks

    Growing Number Of People Suffering Burns From Smoking While On Oxygen: Doctors

    Growing Number Of People Suffering Burns From Smoking While On Oxygen: Doctors
    Dr. Edward Tredget, a burn treatment expert at the University of Alberta hospital, says the injuries include blistered skin and burns to the face, airways, hands and body.

    Growing Number Of People Suffering Burns From Smoking While On Oxygen: Doctors

    Accused In Quebec Child Porn Bust Remain Detained; Return To Court On Thursday

    Accused In Quebec Child Porn Bust Remain Detained; Return To Court On Thursday
    MONTREAL — The 14 accused in an alleged juvenile pornography ring in Quebec will remain behind bars until at least Thursday when some of them may be freed while awaiting trial.

    Accused In Quebec Child Porn Bust Remain Detained; Return To Court On Thursday

    Tories No Longer Undisputed Fundraising Champions, Surpassed By Liberals

    Tories No Longer Undisputed Fundraising Champions, Surpassed By Liberals
    The Liberal party is the new king of the federal fundraising hill, surpassing the Conservatives who've been the undisputed champions for more than a decade.

    Tories No Longer Undisputed Fundraising Champions, Surpassed By Liberals