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

    Medical Marijuana Producers Eye Changes For Advertising Regulations

    A concerted policy push is underway from Tweed Inc., Mettrum Ltd. and Bedrocan Canada Inc. — three licensed producers that operate under Health Canada's medical marijuana program.

    Medical Marijuana Producers Eye Changes For Advertising Regulations

    Canadian Food Banks Fear Perfect Storm From Rising Fresh Food Prices

    Canadian Food Banks Fear Perfect Storm From Rising Fresh Food Prices
    MONTREAL — Canadian food banks hope that the pinch they're feeling from rising food prices isn't snowballing into a full-fledged crisis.

    Canadian Food Banks Fear Perfect Storm From Rising Fresh Food Prices

    Single Ticket Sold In Ont. Takes Saturday's $18 Million Lotto 649 Jackpot

    Single Ticket Sold In Ont. Takes Saturday's $18 Million Lotto 649 Jackpot
    TORONTO — There is one winning ticket for the $18 million jackpot offered in Saturday night's Lotto 649 draw, and it was sold somewhere on Ontario.

    Single Ticket Sold In Ont. Takes Saturday's $18 Million Lotto 649 Jackpot

    Crew Of Canadian Warship Adapting To Life At Sea On NATO Reassurance Mission

    There, according to its commanding officer, the Canadian frigate and its crew of 260 will spend the next months patrolling, communicating with and sometimes visiting other ships, and making NATO's presence known in the area.

    Crew Of Canadian Warship Adapting To Life At Sea On NATO Reassurance Mission

    Concerns Over Rusting Cargo Ship Abandoned On Shore Of Southwestern Quebec Town

    Concerns Over Rusting Cargo Ship Abandoned On Shore Of Southwestern Quebec Town
    A local company had bought the decommissioned Kathryn Spirit, intending to dismantle it in the waters off Beauharnois and use it for scrap.

    Concerns Over Rusting Cargo Ship Abandoned On Shore Of Southwestern Quebec Town

    As Celine Dion Returns To Vegas, She Joins Bereaved Who Must Work While Grieving

    As Celine Dion Returns To Vegas, She Joins Bereaved Who Must Work While Grieving
    A celebration of Angelil's life is slated to take place in Las Vegas on Wednesday, and after having little time to mourn privately, Dion is scheduled to resume her residency at The Colosseum at Caesars Palace on Feb. 23.

    As Celine Dion Returns To Vegas, She Joins Bereaved Who Must Work While Grieving