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At the Calgary Stampede, it’s cowboy boots, not oxfords, but still time to strike a deal

The Globe and Mail
(5 months ago)
Jeffrey Jones, Emma Graney
Business

AI Summary

TL;DR: Key points with love ❤️

The 2025 Calgary Stampede is serving as a significant hub for business networking and political discussions, marked by renewed optimism in the energy sector following Canada's first LNG shipment and the operational Trans Mountain pipeline expansion. Despite ongoing political uncertainties, including the Alberta separation threat and U.S. trade policies, the 10-day festival is filled with corporate parties. Key figures like Calgary Mayor Jyoti Gondek, Mark Carney, and Energy and Natural Resources Minister Tim Hodgson are engaging in discussions on energy, trade, and the Canadian economy. The event's economic impact is substantial, with corporate sponsorships and the chuckwagon tarp auction setting new records, reflecting a positive economic outlook for Calgary.

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  1. 1 More than a year ago: Trans Mountain pipeline expansion in operation.
  2. 2 April 28: Previous federal election.
  3. 3 Thursday (July 3, 2025): Calgary Mayor Jyoti Gondek flipped first pancakes; U.S. consulate held Independence Day party; Tim Hodgson sprinkled federal funding on five Alberta carbon capture and storage projects.
  4. 4 Friday (July 4, 2025): Mark Carney scheduled to tour Stampede grounds and take part in the opening ceremony.
  5. 5 Saturday (July 5, 2025): Mark Carney to host Liberal Party fundraiser; Pierre Poilievre to headline Conservative party barbecue.
  6. 6 End of year: Alberta Next panel to submit recommendations to government.
  • Increased optimism in energy sector
  • Record corporate sponsorships and chuckwagon tarp auction
  • Discussions on energy and trade infrastructure
  • Ongoing political debates (Alberta separation, federal policies)
  • Federal funding for carbon capture and storage projects
What: The Calgary Stampede functions as a major venue for business networking and political dialogue, reflecting economic optimism in the energy sector amidst political uncertainties.
When: July 4, 2025 (article published, Stampede underway); Thursday (Mayor Gondek flipped pancakes, U.S. consulate party, Tim Hodgson's funding announcement); Friday (Mark Carney's tour and opening ceremony participation); Saturday (Carney's Liberal fundraiser, Poilievre's Conservative barbecue); April 28 (previous federal election).
Where: Calgary, Alberta, Canada; West Coast (for LNG plant); Battle River-Crowfoot (Alberta riding).
Why: The Stampede provides a unique informal setting for concentrated networking and dialogue among business and political leaders, especially given recent positive developments in the energy sector and ongoing political discussions.
How: Corporate parties, informal meetings, and public events during the 10-day festival facilitate discussions and deal-making among attendees.

People

Mark CarneyDanielle SmithJyoti GondekAdam LeggeDonald TrumpTim HodgsonPierre PoilievreEmily FlecknerMartha Hall FindlayStephanie LevitzGarth Brooks

Organizations

Calgary Chamber of CommerceBusiness Council of AlbertaU.S. consulateLiberal PartyConservative PartySchool of Public Policy at the University of CalgaryBirchcliff Energy Ltd.De Havilland Aircraft of Canada Ltd.MobSquadThe Globe and Mail

Locations

Calgary Stampede groundsrodeo grandstandHouse of CommonsBattle River-Crowfoot

Locations

CanadaUnited States Calgary Calgary Metropolitan Region

The 2025 Calgary Stampede is serving as a significant hub for business networking and political discussions, marked by renewed optimism in the energy sector following Canada's first LNG shipment and the operational Trans Mountain pipeline expansion. Despite ongoing political uncertainties, including the Alberta separation threat and U.S. trade policies, the 10-day festival is filled with corporate parties. Key figures like Calgary Mayor Jyoti Gondek, Mark Carney, and Energy and Natural Resources Minister Tim Hodgson are engaging in discussions on energy, trade, and the Canadian economy. The event's economic impact is substantial, with corporate sponsorships and the chuckwagon tarp auction setting new records, reflecting a positive economic outlook for Calgary.