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

    Charges Laid Against Teen After Video Threats Made Against Student At Winnipeg School

    A number of charges have now been laid against a young man who was arrested after a video allegedly containing threats against students at a Winnipeg high school was posted to YouTube.

    Charges Laid Against Teen After Video Threats Made Against Student At Winnipeg School

    1 Person, Several Cows, Killed In Crash North Of Parry Sound, Ont.; 5 Injured

    1 Person, Several Cows, Killed In Crash North Of Parry Sound, Ont.; 5 Injured
    Small vehicles are being routed through highway 529.

    1 Person, Several Cows, Killed In Crash North Of Parry Sound, Ont.; 5 Injured

    Alberta Health Officials Say B.C. Person With Measles Visited Multiple Places In Calgary

    Alberta Health Officials Say B.C. Person With Measles Visited Multiple Places In Calgary
    The person was at Calgary International Airport between 10 a.m. and 1:30 p.m. on Jan. 18 and took WestJet flight WS287 to Vancouver, which departed at 11:35 a.m

    Alberta Health Officials Say B.C. Person With Measles Visited Multiple Places In Calgary

    Education Council Recommends Closure Of New Brunswick Elementary School

    Education Council Recommends Closure Of New Brunswick Elementary School
    Members of the Anglophone West School District education council voted Thursday to recommend closing the school.

    Education Council Recommends Closure Of New Brunswick Elementary School

    Ottawa Runs $400m Surplus In November; So Far $1Billion In The Black For 2015-16

    Ottawa Runs $400m Surplus In November; So Far $1Billion In The Black For 2015-16
    The Finance Department's monthly fiscal monitor also says Ottawa had a surplus of $1 billion over the first nine months of the 2015-16 fiscal year.

    Ottawa Runs $400m Surplus In November; So Far $1Billion In The Black For 2015-16

    Headline-grabbing Jian Ghomeshi Sex-Assault Charge Carries 18-month Maximum

    Headline-grabbing Jian Ghomeshi Sex-Assault Charge Carries 18-month Maximum
    Former radio star Jian Ghomeshi faces maximum penalties that — if convicted — are dramatically different for the charges he faces.

    Headline-grabbing Jian Ghomeshi Sex-Assault Charge Carries 18-month Maximum