Calgary Stampede canvas auction brings in over $3,000,000
CALGARY- It looks like times could be improving in the Calgary economy if the 2019 Calgary Stampede GMC Rangeland Derby Chuckwagon Canvas Auction is any indication.
That’s up from the 3.24-million raised last year but well short of the record of just over four-million pledged in 2012.
The auction is considered a bellwether for the health of Alberta’s oil and gas industry, as many of the sponsors who pay to have their company names on the wagons are energy industry players.
Still, the auction was a tremendous success with the fifth highest total in the 41-year history of the event, bringing in just shy of 3.3 million dollars.