Edmonton's Sohi, Florida mayor up ante in Oilers-Panthers Stanley Cup bet
The bets are back on between the mayors of Edmonton and Sunrise, Fla., as the Oilers get set to take on the Florida Panthers in the Stanley Cup Finals for the second year in a row.
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'I'm just looking forward to the look on his face. I think he enjoyed the look on my face last year,' said Edmonton Mayor Amarjeet Sohi with a smile in Ford Hall on Tuesday.
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After a crushing Game 7 defeat to the Florida Panthers in the Stanley Cup Final last year, the heartache was extended to Edmonton city hall, when Sohi had to honour a bet he made with Sunrise Mayor Michael Ryan by wearing a Florida jersey. This year, in what is quickly becoming a finals tradition, Sohi and Ryan have made yet another bet on the outcome of the Stanley Cup Finals, but the Edmonton mayor has strong faith in a different outcome.
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'The way the Oilers have been playing this year is phenomenal. They are better and better and better, and this time, we also have home game advantage,' said Sohi.
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According to Ryan, Sohi seemed even more confident in the Oilers, prompting both mayors to up the ante from last year's wager.
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'When the Florida Panthers win, we will craft and draft a proclamation to send to the City of Edmonton and for Mayor Sohi to read, declaring Florida Panthers Day and City of Sunrise Day in Edmonton. And he's got to read it as it's written,' said Ryan with a laugh.
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'I have no doubt that Oilers are going to bring the cup home to Edmonton, to Canada, and Mayor Ryan will have to wear an Oilers jersey in his chamber hall in his city and cheer for Oilers,' Sohi said.
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Regardless of the outcome, both mayors spoke highly of the impact that both teams have on their respective cities.
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'They bring so much pride to our community, and they put Edmonton on the international stage,' said Sohi of the Oilers' effect on the city.
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Sohi pointed to the many millions of dollars that last year's playoffs brought to the city as one way the city benefitted, but also highlighted the value of the community coming together.
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'In a time when we are struggling with so many other challenges in the world. We are seeing division. We are seeing polarization. The game of hockey brings us together,' said Sohi.
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'I'm so grateful that we get to experience that kind of energy in our city.'
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'I was there — very few experiences in life like that, being in the seventh game and watching (the clock) tick down to the last second like that. It was very exciting.'
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Last year's Panthers victory was the first for the franchise, after making it to the final the year before. Prompting parades and celebrations, including a dip of the Stanley Cup into the Atlantic Ocean, courtesy of Panthers forward Matthew Tkachuk, which Ryan said was good for both the sport and its fans.
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CTV News
42 minutes ago
- CTV News
Bank of Canada head Tiff Macklem says mandate should evolve in a ‘shock-prone' world
Bank of Canada Governor Tiff Macklem takes part in an interview at the Bank of Canada in Ottawa on Wednesday, June 4, 2025. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA — Tiff Macklem is wearing an Edmonton Oilers pin as he reflects on coming very close to beating big odds. It's a significant day for the governor of the Bank of Canada: he's just laid out his reasons to the entire country and a global audience for keeping the central bank's benchmark interest rate steady for a second straight time. That night is also Game 1 of the NHL's Stanley Cup finals; Macklem ends his press conference with a hearty 'Go Oilers!' It's a rematch from last year's heartbreak, when the Oilers came oh-so-close to mounting a seemingly impossible four-game comeback against the Florida Panthers, only to fall short by a single goal in Game 7. Macklem, too, was almost safe to declare victory last year. He had just about secured a coveted 'soft landing' for Canada's economy — a rare feat that sees restrictive monetary policy bring down surging levels of inflation without tipping the economy into a prolonged downturn. 'We got inflation down. We didn't cause a recession,' Macklem said in an interview with The Canadian Press after the rate announcement Wednesday. 'And, to be frank, until President (Donald) Trump started threatening the economy with new tariffs, we were actually seeing growth pick up.' Fresh out of one crisis, the central bank now must contend with another in U.S. tariffs. Five years into his tenure as head of the Bank of Canada, Macklem said he sees the central bank's role in stickhandling the economy — as well as Canada's role on the world stage — evolving. Many Canadians have become more familiar with the Bank of Canada in recent years. After the COVID-19 pandemic recovery ignited inflation, the central bank's rapid tightening cycle and subsequent rate cuts were top-line news for anxious Canadians stressed about rising prices and borrowing costs. That was all in pursuit of meeting the central bank's inflation target of two per cent, part of a mandate from the federal government that's up for review next year. Macklem said the past few years have led the Bank of Canada to scrutinize some of its metrics, like core inflation and how it responds to supply shocks in the economy. But he defends keeping the bank's inflation target, particularly at a time of global upheaval. 'Our flexible inflation targeting framework has just been through the biggest test it's ever had in the 30 years since we announced the inflation target,' he said. 'I'm not going to pretend it's been an easy few years for anybody. But I think the framework has performed well.' Macklem said, however, that he sees room to build out the mandate to address other areas of concern from Canadians, such as housing affordability. Whether it's the high cost of rent or a mortgage, or surging prices for groceries and vehicles, Macklem said the past few years have been eye-opening to Canadians who weren't around the last time inflation hit double digits in the 1980s. 'Unfortunately, a whole new generation of Canadians now know what inflation feels like, and they didn't like it one bit,' he said. Monetary policy itself can't make homes more affordable, he noted — in a nutshell, high interest rates make mortgages more expensive while low rates can push up the price of housing itself because they stoke demand. But Macklem said one of the things he's reflecting on is that inflation can get worse when the economy isn't operating at its potential or when it's facing great disruption. 'There is a role for monetary policy to smooth out some of that adjustment — support the economy while ensuring that inflation is well-controlled.' He didn't offer suggestions on how the mandate might expand to address housing affordability specifically, but said 'the work is ongoing' and will be settled in meetings with the federal government next year. Right now, he's trying to make sure that the economic impacts from Canada's tariff dispute with the United States don't result in prolonged inflation. The Bank of Canada is not alone in debating how monetary policy ought to respond in what Macklem called a more 'shock-prone' world. The G7 Finance Ministers' Summit in Kananaskis, Alta., last month also featured roundtables with the bloc's central bankers. Conversations at the summit were 'candid,' Macklem said, and though the nations issued a joint statement at the close of the event, that doesn't mean they agreed on everything. 'International co-operation, to be honest, has never been easy. It is particularly difficult right now, but that doesn't make it less important. That makes it more important,' he said. 'I do think Canada, as the chair of the G7, has a leadership role to play.' The Bank of Canada is also changing the way it has conversations with Canadians and the kind of data it considers. A day after the June interest rate decision, deputy governor Sharon Kozicki told a Toronto business crowd how the central bank is using data more nimbly, relying heavily on surveys and more granular information to make monetary policy decisions in an uncertain time. These sources offer a faster way to see what's happening on the ground in the economy than traditional statistical models allow. Macklem said the central bank would previously have dismissed most supply shocks as transitory — likely to pass without the need for central bank adjustments, such as rising and falling oil prices. But he said the Bank of Canada needs to be running a more 'nuanced playbook' now to respond to some increasingly common shocks: supply chain disruptions, trade conflicts and extreme weather to name a few. An overheating economy running up against a supply disruption is the kind of inflationary fire Macklem is trying to avoid in this latest crisis. 'The economy does not work well when inflation is high,' he said. 'And the primary role of the Bank of Canada is to ensure that Canadians maintain confidence in price stability. That's all we can do for the Canadian economy. That's what we can do for Canadians. And that's what we're focused on.' Later in the day on Wednesday, the Edmonton Oilers took Game 1 of the Stanley Cup finals. The Canadian team was down but roared back to win 4-3 in overtime. It's still early in the Bank of Canada's response to the latest global shock. But with any luck, Macklem's team might also get a leg up with lessons learned the last time they faced big odds. This report by The Canadian Press was first published June 7, 2025. Craig Lord, The Canadian Press
Winnipeg Free Press
an hour ago
- Winnipeg Free Press
Bank of Canada head Tiff Macklem says mandate should evolve in a ‘shock-prone' world
OTTAWA – Tiff Macklem is wearing an Edmonton Oilers pin as he reflects on coming very close to beating big odds. It's a significant day for the governor of the Bank of Canada: he's just laid out his reasons to the entire country and a global audience for keeping the central bank's benchmark interest rate steady for a second straight time. That night is also Game 1 of the NHL's Stanley Cup finals; Macklem ends his press conference with a hearty 'Go Oilers!' It's a rematch from last year's heartbreak, when the Oilers came oh-so-close to mounting a seemingly impossible four-game comeback against the Florida Panthers, only to fall short by a single goal in Game 7. Macklem, too, was almost safe to declare victory last year. He had just about secured a coveted 'soft landing' for Canada's economy — a rare feat that sees restrictive monetary policy bring down surging levels of inflation without tipping the economy into a prolonged downturn. 'We got inflation down. We didn't cause a recession,' Macklem said in an interview with The Canadian Press after the rate announcement Wednesday. 'And, to be frank, until President (Donald) Trump started threatening the economy with new tariffs, we were actually seeing growth pick up.' Fresh out of one crisis, the central bank now must contend with another in U.S. tariffs. Five years into his tenure as head of the Bank of Canada, Macklem said he sees the central bank's role in stickhandling the economy — as well as Canada's role on the world stage — evolving. Many Canadians have become more familiar with the Bank of Canada in recent years. After the COVID-19 pandemic recovery ignited inflation, the central bank's rapid tightening cycle and subsequent rate cuts were top-line news for anxious Canadians stressed about rising prices and borrowing costs. That was all in pursuit of meeting the central bank's inflation target of two per cent, part of a mandate from the federal government that's up for review next year. Macklem said the past few years have led the Bank of Canada to scrutinize some of its metrics, like core inflation and how it responds to supply shocks in the economy. But he defends keeping the bank's inflation target, particularly at a time of global upheaval. 'Our flexible inflation targeting framework has just been through the biggest test it's ever had in the 30 years since we announced the inflation target,' he said. 'I'm not going to pretend it's been an easy few years for anybody. But I think the framework has performed well.' Macklem said, however, that he sees room to build out the mandate to address other areas of concern from Canadians, such as housing affordability. Whether it's the high cost of rent or a mortgage, or surging prices for groceries and vehicles, Macklem said the past few years have been eye-opening to Canadians who weren't around the last time inflation hit double digits in the 1980s. 'Unfortunately, a whole new generation of Canadians now know what inflation feels like, and they didn't like it one bit,' he said. Monetary policy itself can't make homes more affordable, he noted — in a nutshell, high interest rates make mortgages more expensive while low rates can push up the price of housing itself because they stoke demand. But Macklem said one of the things he's reflecting on is that inflation can get worse when the economy isn't operating at its potential or when it's facing great disruption. 'There is a role for monetary policy to smooth out some of that adjustment — support the economy while ensuring that inflation is well-controlled.' He didn't offer suggestions on how the mandate might expand to address housing affordability specifically, but said 'the work is ongoing' and will be settled in meetings with the federal government next year. Right now, he's trying to make sure that the economic impacts from Canada's tariff dispute with the United States don't result in prolonged inflation. The Bank of Canada is not alone in debating how monetary policy ought to respond in what Macklem called a more 'shock-prone' world. The G7 Finance Ministers' Summit in Kananaskis, Alta., last month also featured roundtables with the bloc's central bankers. Conversations at the summit were 'candid,' Macklem said, and though the nations issued a joint statement at the close of the event, that doesn't mean they agreed on everything. 'International co-operation, to be honest, has never been easy. It is particularly difficult right now, but that doesn't make it less important. That makes it more important,' he said. 'I do think Canada, as the chair of the G7, has a leadership role to play.' The Bank of Canada is also changing the way it has conversations with Canadians and the kind of data it considers. A day after the June interest rate decision, deputy governor Sharon Kozicki told a Toronto business crowd how the central bank is using data more nimbly, relying heavily on surveys and more granular information to make monetary policy decisions in an uncertain time. These sources offer a faster way to see what's happening on the ground in the economy than traditional statistical models allow. Macklem said the central bank would previously have dismissed most supply shocks as transitory — likely to pass without the need for central bank adjustments, such as rising and falling oil prices. But he said the Bank of Canada needs to be running a more 'nuanced playbook' now to respond to some increasingly common shocks: supply chain disruptions, trade conflicts and extreme weather to name a few. An overheating economy running up against a supply disruption is the kind of inflationary fire Macklem is trying to avoid in this latest crisis. Monday Mornings The latest local business news and a lookahead to the coming week. 'The economy does not work well when inflation is high,' he said. 'And the primary role of the Bank of Canada is to ensure that Canadians maintain confidence in price stability. That's all we can do for the Canadian economy. That's what we can do for Canadians. And that's what we're focused on.' Later in the day on Wednesday, the Edmonton Oilers took Game 1 of the Stanley Cup finals. The Canadian team was down but roared back to win 4-3 in overtime. It's still early in the Bank of Canada's response to the latest global shock. But with any luck, Macklem's team might also get a leg up with lessons learned the last time they faced big odds. This report by The Canadian Press was first published June 7, 2025.
Winnipeg Free Press
2 hours ago
- Winnipeg Free Press
Southern hockey surge: NHL teams thrive in non-traditional markets, from Texas to Florida
Popeye Jones was an NBA rookie with the Mavericks the same season that Dallas debuted its new NHL team, and he decided to go to a Stars game after meeting future Hall of Fame player Mike Modano. 'I couldn't figure out hockey. They were jumping over and off the ice … I'm like, 'what's going on with this sport?'' Jones said. 'The puck flew up, I remember it hit somebody in the nose, blood was all over the ice and they kept playing.' Back during that 1993-94 season, before he became a hockey dad, the 6-foot-8 Tennessee native who had grown up playing basketball, football and baseball was like many people in the South: He knew nothing about hockey even as the NHL was making a push into non-traditional markets. Those days are long gone. NHL teams in the South are playing for and winning the Stanley Cup in packed arenas and there is steady growth when it comes to youth participation. Football may still be king in many Sun Belt locales, but hockey has been welcomed from Las Vegas to Texas to Nashville to North Carolina — and certainly in Florida. Jones has two sons who are now NHL players. Seth Jones, a defenseman for the Florida Panthers, is playing in the Stanley Cup Final after the 12-season veteran, the fourth overall pick by Nashville in the 2013 draft, was traded from Chicago to the defending champions in March. Caleb Jones played for the Los Angeles Kings, his fourth team the past seven years. The expansion Panthers came into the league with Anaheim in 1993-94, at the same time the Minnesota North Stars moved to Dallas. The Tampa Bay Lightning and Ottawa Senators were expansion teams the previous season, and the Hartford Whalers moved to Carolina and became the Hurricanes in 1997. Shane Willis remembers playing with the Hurricanes following the NHL's arrival in North Carolina — a process featuring a two-year transition to Greensboro before moving to Raleigh — and sometimes noticing a sparse home crowd during warmups. 'I'm like, 'Is anybody coming?'' said Willis, now Carolina's manager of youth and amateur hockey after five seasons as an NHL player. That isn't the case now, with Carolina having won a Stanley Cup in 2006 and currently on a seven-year run of winning at least one postseason series, including this year's run to the East final. Southern success This is the sixth season in a row a team from Florida has reached the Stanley Cup Final. The Panthers are there for the third year in a row, this time in a rematch against Edmonton. Tampa Bay also made it to the final three straight seasons, winning the Cup the first two. The Lightning's run began by beating Dallas in 2020 in what is still the the 'southernmost' Stanley Cup Final — except that entire postseason was played in Canada after the regular season was shortened because of the pandemic. Dallas made its third West final in a row this year, coming up short of another Cup chance. But they were the first Sun Belt team to hoist the Stanley Cup in 1999, followed by Tampa Bay in 2004. Every game in the conference finals in 2023 was played in the Sun Belt, a first. The Panthers beat Carolina in the East like they did this year, and Dallas lost to Vegas in the West. Popeye, Mo and Sakic Popeye Jones met Modano after getting invited to do an appearance during a Dallas Cowboys game. 'Not being a hockey fan, I really didn't know who he was and he didn't who I was. But we just struck up a conversation and started talking,' Jones said. 'Just general talk about sports and whatever, and he was such a nice guy and I enjoyed sitting there and talking to him.' That helped Jones become a Stars fan. They both played home games at the since-demolished Reunion Arena before Jones was traded to Toronto and later Boston, homes of two of the NHL's Original Six teams. His only season playing in Denver was 1999-2000, when the Avalanche lost to the Stars in consecutive West finals before winning the Cup in 2001. It was there that he got to know Avs star Joe Sakic, another future Hall of Fame hockey player and now the team's president of hockey operations. Jones' oldest son, Justin, came home from school one day in the Denver area and said he wanted to play hockey, which had a significant influence on Seth, who was 5 or 6 at the time. With his sons interested in playing an unfamiliar sport , Jones sought advice from Sakic, who said the boys needed to take skating lessons. Seth Jones started playing hockey in Colorado, but was born in Texas and was on some Stars-affiliated youth teams after his dad later returned to the Mavericks. 'When I was there, you could see more and more kids starting to play in Texas,' the 30-year-old Panthers defenseman said. 'And then really the past eight to 10 years, you see kids actually moving from the northern cities down to Texas because the hockey has really grown. Where before, all the good kids out of the southern cities would move up north to Chicago and Michigan and New York and these places.' More and more players The number of players registered with USA Hockey has grown significantly in Southern states over the past 20 seasons. USA Hockey said 4,793 players registered in North Carolina for the 2005-06 season, with roughly 2,400 of those being 18 or younger. That overall number of players jumped 19.5% (to 5,728) for the season following their 2006 Cup run. By the 2024-25 season, the state had 8,698 players (up 81.5% from 2005-06) with 5,608 being 18 or younger (up 135.5%), though Willis noted the actual number is likely higher since not all players register with USA Hockey. The total number of registrations have increased even more in Florida and Texas over the past two decades. In Florida, the total number of players has gone from 9,363 in 2005-06 to 22,888 (a 144.5% increase), with the number in the 18 or younger age groups nearly doubling to 10,277. Texas went from 7,017 to 17,346 total registrations (147.2%) in that same span, with those 18 and under going from 5,457 to 7,199 (31.9%). Pete DeBoer, the Stars coach the past three seasons, had his first NHL head coaching job with Florida from 2008-11. He recalls the Lightning and Panthers then playing before sparse crowds with questions about whether those teams would even stay in those markets. 'To see where they're at now is really impressive,' DeBoer said before the team fired him this past week. 'Dallas for me is a perfect example of coming into a place and, you know, getting a foothold at the grassroots level, and that the amount of rinks, ice surfaces and facilities and kids playing minor hockey here in Dallas is way bigger than I ever anticipated.' Much of that came as a result of the 1999 Stanley Cup for the Stars. 'They won, they captured the city's attention and all this stuff got done. Rinks got built,' DeBoer said. 'I think Florida didn't get that done early, but is doing it now and they're going to reap the benefits of that. I think when you get a team that wins and it's in a non-traditional market, I think the benefits roll out for decades.' Introducing the game For the Hurricanes, early outreach included going to area schools and essentially running PE classes as an introduction to the sport. The team, aided by grant money from the NHL, has more recently purchased equipment such as balls, sticks and Hurricanes-logo apparel to donate to more than 100 schools. The team this year partnered with Raleigh suburb Apex to open two public street hockey rinks. Carolina, Dallas and Florida all have tie-ins to to the 'Learn to Play' umbrella program created by the NHL and NHL Players' Association to introduce boys and girls, and even adults, to the sport. Those programs include variations of providing hockey equipment and instruction, and on-ice workouts at multiple rinks in their areas. 'What you have to do is not only introduce the game of hockey to people, you have to introduce your brand. You have to make both things very attractive to parents to want to get involved,' Willis said. 'I see so many parents now, they come to games and we talk about it: if you can create a hockey player, whether it's street hockey or ice hockey, you're creating three fans. Because that kid is going to come to a game with Dad, Dad and Mom, maybe a sibling. So then you're in the range of three to four fans you're creating.' Popeye Jones knows how that can go, recalling a time when Seth Jones was 11 or 12 and the family wanted him to find something else to do in the summertime. Thursdays Keep up to date on sports with Mike McIntyre's weekly newsletter. 'A kid called and said hey they had some ice, you want to come and, you know, play some pickup hockey. At first I didn't want him to, but I saw he was moping around the house,' the elder Jones said. 'I told him to get his stuff. I'll never forget it, he got this bag together so fast and got in that car and I was driving him to the rink and I looked at him and I saw this big grin and I said, 'Well, I guess I got a hockey player.'' ___ AP Sports Writers Aaron Beard, Pat Graham and Tim Reynolds contributed to this report. ___ AP NHL playoffs: and
