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
RCMP arrest suspect in Montreal on terrorism allegations after tip from FBI
The Royal Canadian Mounted Police (RCMP) arrested an 18-year-old man from the Saint-Laurent borough of Montreal on Thursday morning in connection with allegations of terrorism.
Upgrading Safe Third Country Agreement about reassuring Canadians: PM Trudeau
Prime Minister Justin Trudeau says he feels it is his role to see the Safe Third Country Agreement upgraded, in order to make sure Canadians can continue to have confidence in Canada's immigration system.
Largest recorded Alberta earthquake not natural, from oilsands wastewater: study
The largest recorded earthquake in Alberta's history was not a natural event, but most likely caused by disposal of oilsands wastewater, new research has concluded.
Manhattan DA rejects GOP demand for info on Trump case
The Manhattan district attorney investigating Donald Trump rebuffed U.S. House Republicans' request Thursday for documents and testimony about the case, dismissing it as an "unprecedented inquiry" with no legitimate basis.
Han Dong resigns from Liberal caucus, denies interference allegations
Han Dong has announced he will be sitting as an independent MP after being the subject of allegations involving interference by China in Canadian affairs.
Zellers opens a dozen stores in Canada amid wave of nostalgia and price sensitivity
Canadian retail chain Zellers marked its official comeback on Thursday, opening a dozen stores in Ontario and Alberta and launching a new website.
South Carolina's top accountant to resign after US$3.5-billion error
Embattled South Carolina Comptroller General Richard Eckstrom will resign next month after a US$3.5 billion accounting error in the year-end financial report he oversaw.
Canada-wide warrants issued for 2 new suspects in Elnaz Hajtamiri investigation
Investigators with York Regional Police issued Canada-wide warrants for two men who they say are involved in the Richmond Hill attack on Ontario woman Elnaz Hajtamiri weeks before she was allegedly abducted.
In pictures: A look at past U.S. presidential addresses to Parliament
United States President Joe Biden is set to deliver a speech to Parliament on Friday, becoming the ninth president to address Canadians in Ottawa. Here's a look back at past presidential speeches and the eras that defined them.
Vancouver
-
Mounties reveal identity of Surrey shooting victim, search for suspect vehicle
A 38-year-old man who recently moved to Surrey with his family has been identified as the victim of a fatal shooting earlier this month.
-
1 taken to hospital after crash involving police vehicle in Kamloops: RCMP
Mounties are investigating a crash involving a police vehicle in downtown Kamloops that sent one person to hospital.
-
Chicago Blackhawks won't wear Pride jerseys, cite Russian law
At least one National Hockey League team with a Russian player on its roster has decided against wearing special warmup jerseys to commemorate Pride Night because of a Russian law that expands restrictions on activities seen as promoting LGBTQ2S+ rights.
Edmonton
-
Details of regimental funeral for Travis Jordan, Brett Ryan announced
Additional details have been released about the funeral for Constables Travis Jordan and Brett Ryan.
-
Edmontonians line up to shop Zellers grand reopening
Dozens of people lined up outside the Hudson's Bay store at Kingsway Mall in Edmonton on Thursday to be amongst the first to shop at the new Zellers location.
-
Largest recorded Alberta earthquake not natural, from oilsands wastewater: study
The largest recorded earthquake in Alberta's history was not a natural event, but most likely caused by disposal of oilsands wastewater, new research has concluded.
Toronto
-
Man goes missing after escaping from explosion, fire at Richmond Hill home
Police are searching for a 'vulnerable' young man last seen exiting his Richmond Hill, Ont. residence after an explosion and subsequent house fire.
-
Police still looking man with ‘legendary’ forehead tattoo wanted for murder on Canada-wide warrant
Police are reissuing calls to help locate an Oshawa, Ont. man wanted on a Canada-wide warrant after allegedly stabbing two women – one, fatally – earlier this month.
-
Boy, 12, charged after alleged armed robbery, attempted stabbing in Pickering
A 12-year-old is facing charges after allegedly trying to stab a male and attempting to steal a computer this week in Pickering.
Calgary
-
Semi-truck crashes into overpass, closing lanes of Deerfoot Trail
Two lanes of Calgary's Deerfoot Trail are closed to southbound traffic at 32 Avenue N.E. after a semi-truck hauling a backhoe hit an overpass.
-
Calgary convenience store fined $10K for selling vaping products to minors
The ownership and manager of a northeast Calgary convenience store have been fined a total of $10,000 for selling vaping products to minors.
-
Hitmen strike late in Lethbridge, defeating Hurricanes 3-2
The Hitmen didn't lead for very much of the game Wednesday night, but they led at the right part of it – the end – en route to a 3-2 victory over the Hurricanes Wednesday night in Lethbridge.
Montreal
-
RCMP arrest suspect in Montreal on terrorism allegations after tip from FBI
The Royal Canadian Mounted Police (RCMP) arrested an 18-year-old man from the Saint-Laurent borough of Montreal on Thursday morning in connection with allegations of terrorism.
-
One week later: Rescuers continue search for victims in rubble of Old Montreal fire
It's been one week since a devastating fire tore through a historic building in Old Montreal, killing at least four.
-
Jean Charest earned nearly $70,000 in two months at CN
Former Quebec premier Jean Charest pocketed just under $70,000 in compensation during his brief stint as a director of Canadian National Railway (CN). Charest was appointed a director in early 2022, but resigned two months later to run unsuccessfully for the leadership of the Conservative Party of Canada. In total, he received $68,987 in compensation during his time at CN, according to regulatory documents released by the company.
Atlantic
-
N.S. government includes record-high health-care spending in 2023-24 budget
The Tim Houston PC government remains firm in their promise they'll fix the health-care system by spending more taxpayer money on health than any previous government before.
-
Snow and rain will continue into Thursday night for the Maritimes
The rate of snow and rain falling in the Maritimes will pick up late Thursday afternoon into evening as a weather system makes its way across the region.
-
Staff members stabbed at N.S. high school released from hospital; student remains in custody
Two staff members who were stabbed at a Halifax-area high school have been released from hospital, while the student accused in the stabbing remains in custody.
Winnipeg
-
Winnipeg council votes to rename Bishop Grandin roadways
Winnipeg's city council has voted unanimously in favour of renaming several roadways currently named after a bishop remembered as one of the architects of the residential school system.
-
Winnipeg hospital says doctors are now helping sexual assault examination program
A Winnipeg hospital official says another nurse has resigned from a sexual assault examination program, and other health-care professionals are stepping in to fill the gap.
-
City council takes 'first step' towards potential sale of Portage Place Mall
Winnipeg's city council has voted on moving forward with the potential sale of Portage Place Mall to True North.
Kitchener
-
Welcome back Zellers: Cambridge location opens amid wave of nostalgia
The resurrection of Zellers is officially underway in Waterloo region with the Cambridge location opening its doors to a handful of eager fans who lined up ahead of the store's official reopening.
-
Suspicious fire at old bowling alley shuts down major road in Cambridge
A fire at the former Dickson Bowl in downtown Galt has shut down a portion of a major Cambridge road.
-
Peregrine falcons return to CTV Kitchener
Calling all falcon watchers! The peregrines have once again returned to CTV Kitchener’s nesting box, high above our studio on King Street West.
Regina
-
Man arrested after claiming to have gun on Regina city bus
A man who claimed to have a gun while on a Regina city bus has been arrested without incident.
-
'There is quite a discrepancy': Survey results vary on proposed downtown arena in Regina
The amount of support and opposition residents have for a downtown arena depends on which survey City of Regina officials are looking at.
-
'This wasn't just a little oops': Regina city councillors blindsided by 'sexist' tourism slogans
Regina city councillors say they were blindsided and embarrassed by the recent slogans used in Experience Regina’s rebrand.
Barrie
-
Colleagues jumped into life-saving action when Midland councillor collapsed at town meeting
The quick thinking and immediate actions of two people are credited with possibly saving the life of a Midland councillor after he collapsed at a meeting Wednesday evening.
-
Canada-wide warrants issued for 2 new suspects in Elnaz Hajtamiri investigation
Investigators with York Regional Police issued Canada-wide warrants for two men who they say are involved in the Richmond Hill attack on Ontario woman Elnaz Hajtamiri weeks before she was allegedly abducted.
-
Impaired driver sentenced to 5 years in jail for fatal hit-and-run in Bradford
A Bradford man has been sentenced to five years behind bars for his role in a deadly collision last summer.
Saskatoon
-
Man accused of murdering Saskatoon woman says he was 'scared and confused' after learning of her death
The man charged with first-degree murder in the death of Ally Moosehunter took the stand Wednesday for cross-examination by the crown.
-
'You risk everything just to be safe': Saskatoon teen fled Afghanistan selected for $100K award
A Saskatoon teen has won $100,000 as one of the 2023 Loran Scholars.
-
Sask. projects $1B surplus, will use cash to pay debt instead of further funding boosts
Saskatchewan is projecting a $1 billion surplus in the coming year and plans to spend just as much in paying down the province's debt.
Northern Ontario
-
Sudbury murder trial nears conclusion, closing arguments Monday
The second-degree murder trial of Robert Steven Wright resumed briefly Thursday morning, with the defence formally wrapping up its case.
-
Woman receives free gift, but signs contract for $7,000 vacuum cleaner
A Toronto woman said she received a free air purifier as an online promotion, but also signed up for a $7,000 vacuum cleaner in the process.
-
Police say North Bay suspect had $116K in drugs on him, $43K in cash
A 33-year-old North Bay man is facing charges after police made an arrest March 21 in a parking lot on Lakeshore Drive.