The following season, they finished second in the first edition of the new provincial championship, the champion of whom now won the Russ Barnes Trophy.

Since the turn of the century, the Merchants have had a number of difficult seasons, interspersed by a league title in 2004-05.

They made the league final again the following year, losing again, this time to the Fort Saskatchewan Hawks.

[3] In January 2014, the Merchants donated all admission ticket sales and money raised from the 50/50 draw to the local RCMP station, in an act of remembrance for the RCMP officer killed in a shooting outside a St. Albert casino the previous year.

Franchise playoff leader in goals- Casey Reid(16) Franchise playoff leader in assists- Casey Reid(25) Franchise playoff leader in points- Casey Reid(41) Franchise playoff leader in penalty minutes- Jared Kwasney(91) Franchise playoff leader in games played- Casey Reid(43) Note: GP = Games played, W = Wins, L = Losses, T = Ties, OTL = Overtime Losses, Pts = Points, GF = Goals for, GA = Goals against Records as of 2016-17 season.