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August 27 2013

Helium shortage leaves balloon business deflated


These are lean times for Ashif Mohamedís Calgary-based balloon business. For one thing, southern Albertaís June floods dampened the festive mood that normally brings customers in for bouquets of the colourful, floating decorations for parties, graduations and other celebrations.

But a longer-term, continent-wide crisis is hurting Mr. Mohamedís Balloons Canada store even more Ė a shortage of helium that is pushing up prices for the super-light gas and forcing the major suppliers to ration it.

Related: The Roller Coaster Ups And Downs Of The World's Helium Supply [Infographic]

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