The Traders fell upon hard times in their last years as financial difficulties and low attendance left the future of the Traders in doubt. The Traders were reportedly sold to a group representing St. Albert during the 2005-06 season, however the deal failed to gain league approval. Finally, on March 15, 2007, a deal to relocate the Traders to St. Albert for the 2007–08 season was approved, ending the Traders' 31-year run in Fort Saskatchewan. Only the Calgary Canucks have had a longer tenure in one city. Once relocated, the team was renamed the St. Albert Steel. The team relocated again after the 2011–12 season to Whitecourt where they became the Whitecourt Wolverines.