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

    As Many As Six Snowmobilers Missing After Venturing Into Remote North Okanagan Area

    As Many As Six Snowmobilers Missing After Venturing Into Remote North Okanagan Area
    The snowmobilers are from the Vernon area and were reported missing Sunday night.

    As Many As Six Snowmobilers Missing After Venturing Into Remote North Okanagan Area

    Apple Began iPhone Encryption Fight Last Fall, In Brooklyn

    Apple Began iPhone Encryption Fight Last Fall, In Brooklyn
    The reversal stunned prosecutors, but they quickly girded for a broader fight.

    Apple Began iPhone Encryption Fight Last Fall, In Brooklyn

    Possible Robert Pickton Memoir Prompts Outrage, Appeal From B.C. Government

    British Columbia's Solicitor General Mike Morris says it is deeply disturbing to hear that a book about serial killer Robert Pickton is on the market.

    Possible Robert Pickton Memoir Prompts Outrage, Appeal From B.C. Government

    Video Shows Moments Before Killing Of Gay Activist Raymond Taavel Outside Halifax Bar

    Video Shows Moments Before Killing Of Gay Activist Raymond Taavel Outside Halifax Bar
    Andre Noel Denny pleaded guilty to manslaughter in November, more than three years after the high-profile crime.

    Video Shows Moments Before Killing Of Gay Activist Raymond Taavel Outside Halifax Bar

    Mom Who Pleaded Guilty To Kid's Death 25 Years Ago Set For Exoneration

    Mom Who Pleaded Guilty To Kid's Death 25 Years Ago Set For Exoneration
    A woman implicated by disgraced pathologist Dr. Charles Smith in the death of her three-year-old stepdaughter is set for exoneration more than two decades after pleading guilty to manslaughter

    Mom Who Pleaded Guilty To Kid's Death 25 Years Ago Set For Exoneration

    Luxury Fashion World Upending Tradition To Join Digital Age

    Luxury Fashion World Upending Tradition To Join Digital Age
    Buying luxury clothes online right off the runway. Trying them on virtually. Not having to wait months for the new collection to ship.

    Luxury Fashion World Upending Tradition To Join Digital Age