Victoria car company expects luxury cars to sell for millions at U.S. auction
A Victoria company that buys and sells premium automobiles from all over the world is gearing up for an extraordinary auction.
The Victoria-based Silver Arrow Cars is bringing 24 vehicles to the Barrett Jackson Auction in Scottsdale, Ariz., this week.
The annual auction has drawn in car enthusiasts for more than 50 years.
"They're the greatest car auction in the world. There's no other place to sell," said Silver Arrow owner Tim Quocksister.
This year, Quocksister thinks Silver Arrow has the car to beat.
The lot of 24 vehicles the Victoria company is bringing to Arizona is expected to sell for "north of $11 million U.S.," according to Quocksister.
Craig Jackson, chairman and CEO of Barrett Jackson Auction Company, says he's always excited to see what Silver Arrow brings to the show.
Various vehicles at the 2023 Barrett Jackson Auction are shown. (Barrett Jackson Auction Company)You might think that inflation would put a dent in the luxury vehicle market, but you'd be wrong.
"In times of inflation, everybody runs to hard assets," said Jackson. "We sell hard assets."
"When the stock market is on a tear, everybody wants to buy a toy," he said.
This year, a record 1,912 luxury "toys" will be up for auction at the event.
Some of those vehicles include a Ford GT owned by musician John Mayer that Silver Arrow is bringing to Arizona.
The Ford GT formerly owned by singer John Mayer is shown. (Barrett Jackson Auction Company)The Victoria company also got its hands on a Ferrari Barchetta owned by legendary British rocker Rod Stewart.
"We're expecting $500,000 for that car," said Quocksister.
CTVNews.ca Top Stories
Federal budget to include grocery rebate for lower income Canadians: sources
The 2023 federal budget will include a one-time "grocery rebate" for Canadians with lower incomes who may be struggling with the rising cost of food, CTV News has confirmed.
3 children killed in Nashville school shooting, suspect dead
Three children were killed in a shooting at a private Christian school in Nashville, Tennessee, on Monday morning before police 'engaged' the suspected attacker, leaving the suspect dead, local officials said.
Sask. judge grants bail for sisters who spent decades in prison for a crime they say they didn't commit
A Saskatchewan judge has granted bail to two sisters who have spent nearly 30 years in prison for what they say are wrongful murder convictions.
MP Han Dong threatens legal action against Global over foreign interference report
Han Dong is threatening legal action against Global News and its parent company Corus Entertainment after the media outlet published an allegation the Toronto MP spoke to a Chinese diplomat about delaying the release of two Canadians.
These 3 items could cost you more starting this April
Whether it's gas, food or booze, consumers can expect to pay more for these goods next month. Two of the biggest changes include the federal carbon tax will increase to $65 per tonne of greenhouse emissions, up from $50, and the federal beverage alcohol duty that will increase by 6.3 per cent, which both come into effect on April 1.
Advocate questions whether Air Canada has 'cultural problem' after issue with teen's wheelchair
Flying over the Grand Canyon was a highlight for the Gellisen family during their trip to Phoenix, but their flight home to Toronto was a much different experience, with several family members forced off of the flight over tensions related to a teen's wheelchair.
'Rigorous' cost management needed as $5B Centre Block renovation proceeds: AG report
Despite delayed decision-making by parliamentarians, Canada's massive renovation of Parliament Hill's Centre Block is being effectively managed so far, according to a new audit. However, 'rigorous' cost management will be needed as the work proceeds, cautions auditor general Karen Hogan.
Quebec girl, 9, dies after snow fort collapses behind residence
A nine-year-old girl has died after a snow fort collapsed in a forest behind a rural Quebec home.
Xylazine: Expert view on risk of lethal substance in Canada’s street drug supply
Another harmful substance is spreading within Canada's unregulated street drug supply and, without more aggressive intervention from policymakers, one expert says a growing number of people could be at risk of serious illness, injury or death.
Vancouver
-
Investigation underway after fire in Vancouver’s Chinatown deemed suspicious
A fire in Vancouver’s Chinatown neighbourhood on Sunday evening is being investigated as suspicious.
-
Burial plots in Metro Vancouver are now so expensive, they're being compared to real estate
Burial plots have become such a hot commodity in Metro Vancouver, one spot in a Burnaby cemetery is being sold privately online for $54,000.
-
Federal budget to include grocery rebate for lower income Canadians: sources
The 2023 federal budget will include a one-time "grocery rebate" for Canadians with lower incomes who may be struggling with the rising cost of food, CTV News has confirmed.
Edmonton
-
LIVE @ 11:45 A.M. MT
LIVE @ 11:45 A.M. MT | Edmonton hosts funeral for officers killed in the line of duty; families thank Canadians for support
The appreciation and respect shown by the public after two Edmonton Police Service officers were killed in the line of duty has not gone unnoticed, their families said in a statement ahead of the regimental funeral on Monday.
-
In Pictures: Remembering Constables Travis Jordan and Brett Ryan
On March 27, a regimental funeral will be held for Edmonton Police Service Constables Travis Jordan and Brett Ryan who were killed in the line of duty on March 16, 2023.
-
What you need to know about the regimental funeral Monday
The procession for two Edmonton police officers who were killed in the line of duty is scheduled to leave the Alberta Legislature grounds toward Rogers Place at approximately 11:45 a.m.
Toronto
-
Teen who died after Toronto subway station stabbing remembered as kind, good friend
A 16-year-old who died after an apparently unprovoked stabbing at a Toronto subway station is being remembered as a kind person who enjoyed spending time with family and friends.
-
Trucker pleads guilty to careless driving in 2020 death of activist outside pig slaughterhouse
A truck driver has pleaded guilty to careless driving causing the death of a 65-year-old animal rights activist.
-
Hamilton school experiences second bomb threat in under a week
For the second time in under a week, police were called to a Hamilton school that received a bomb threat.
Calgary
-
'Sudden and devastating' Calgary house explosion injures 10 people
The Calgary Fire Department says at least 10 people were injured in a "sudden and devastating" explosion in the city's northeast on Monday that completely destroyed one home.
-
LIVE @ 11:45 A.M. MT
LIVE @ 11:45 A.M. MT | Edmonton hosts funeral for officers killed in the line of duty; families thank Canadians for support
The appreciation and respect shown by the public after two Edmonton Police Service officers were killed in the line of duty has not gone unnoticed, their families said in a statement ahead of the regimental funeral on Monday.
-
KLM flight en route to Calgary following detour back to Amsterdam due to unruly passenger
A KLM flight bound for Calgary was delayed Sunday morning when an unruly passenger forced the airline to return to Schiphol Airport in Amsterdam.
Montreal
-
Police find 6th and 7th bodies inside site of Old Montreal fire
Police say they have found the sixth and seventh bodies inside a building in Old Montreal that burned down 11 days ago.
-
Quebec proposes extending nurses' bonuses to June
Treasury Board President Sonia LeBel is proposing the bonuses paid to nurses — which are set to expire next Thursday — be extended at least through June.
-
Federal budget to include grocery rebate for lower income Canadians: sources
The 2023 federal budget will include a one-time "grocery rebate" for Canadians with lower incomes who may be struggling with the rising cost of food, CTV News has confirmed.
Atlantic
-
Federal budget to include grocery rebate for lower income Canadians: sources
The 2023 federal budget will include a one-time "grocery rebate" for Canadians with lower incomes who may be struggling with the rising cost of food, CTV News has confirmed.
-
Woman named in emergency alert turns herself in, released without charge: N.S. RCMP
A woman who was the subject of an emergency alert in Nova Scotia Sunday night turned herself in to police and was released without charge.
-
HMCS Montreal departs Halifax for Indo-Pacific operation
A Royal Canadian Navy frigate departed Halifax today as part of the federal government's wider strategy of boosting its presence in the Indo-Pacific region.
Winnipeg
-
Manitoba launching new park reservation system today
Manitoba’s new park reservation system is launching on Monday.
-
Federal budget to include grocery rebate for lower income Canadians: sources
The 2023 federal budget will include a one-time "grocery rebate" for Canadians with lower incomes who may be struggling with the rising cost of food, CTV News has confirmed.
-
‘When are we going to see action?’: The changes needed for Manitoba’s cannabis rules
Nearly five years after the legalization of marijuana in Canada, one local cannabis retailer feels Manitoba should be more proactive and flexible when it comes to regulating pot sales in our province.
Kitchener
-
Cashier at St. Marys Foodland stops fraud at counter: Stratford police
Stratford police are praising a cashier at a St. Marys Foodland that recognized a case of fraud and helped stop it.
-
Trucker pleads guilty to careless driving in 2020 death of activist outside pig slaughterhouse
A truck driver has pleaded guilty to careless driving causing the death of a 65-year-old animal rights activist.
-
Five people charged in Brantford home invasion
Police say four men entered the home armed with airsoft guns.
Regina
-
Sask. judge grants bail for sisters who spent decades in prison for a crime they say they didn't commit
A Saskatchewan judge has granted bail to two sisters who have spent nearly 30 years in prison for what they say are wrongful murder convictions.
-
Fifth flight of displaced Ukrainians set to touch down in Regina
A fifth and final flight of displaced Ukrainians will arrive in Saskatchewan on March 27, according to the province.
-
Sask. village loses arena in late night 'inferno'
The Village of Liberty is grieving the loss of its rink after it fell victim to a late night 'inferno' over the weekend.
Barrie
-
Passenger charged with assaulting Barrie transit driver
Barrie Police were called to the Essa Road and Burton Ave. area after a transit driver said a young man had assaulted him.
-
Ontario investing $6.9 million to create economic opportunities for women
The Ontario government announced an expansion to the Investing in Women's Futures program Monday morning, to create more economic opportunities for women and help women who experience social and economic barriers to connect to supports.
-
Story Book Park Road closed in Meaford, Ont. for death investigation
Grey Bruce OPP have closed a section of Story Book Park Road in Meaford, Ont. for a death investigation.
Saskatoon
-
Sask. judge grants bail for sisters who spent decades in prison for a crime they say they didn't commit
A Saskatchewan judge has granted bail to two sisters who have spent nearly 30 years in prison for what they say are wrongful murder convictions.
-
Change proposed to high-collision Saskatoon intersection
City administrators are calling for a design change on Main Street and Clarence Avenue that would prevent vehicles from using Main Street as a thoroughfare rather than 8th Street.
-
Two Saskatoon teens arrested after allegedly fleeing police in stolen car
Two teens were arrested on Saturday morning after allegedly evading police in a stolen car.
Northern Ontario
-
Sudbury murder trial hears closing arguments
Closing arguments are being heard at the Sudbury courthouse Monday in the trial for the man accused of killing Renee Sweeney in 1998.
-
Why lettuce prices are likely to rise again in Canada next month
Lettuce prices are likely to rise next month and could stay high into the summer, agriculture experts say, as flooding in a key California farming area becomes the latest example of extreme weather's effect on the food chain.
-
3 children killed in Nashville school shooting, suspect dead
Three children were killed in a shooting at a private Christian school in Nashville, Tennessee, on Monday morning before police 'engaged' the suspected attacker, leaving the suspect dead, local officials said.