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The "V" Spot: No Canada

The Las Vegas Canucks? The Houston Flames?

There are currently six NHL franchises playing in Canada. Take a good look at them because they aren't going to be around much longer.

The Canadian federal government announced a much needed subsidy package to their franchises this week. It would have paid up to $2 million based on the aid each team received from its respective city and province government.

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Immediately after the announcement, Ottawa Senators owner Rod Bryden triumphantly announced that he had "put away the 'For Sale' sign." NHL Commissioner Gary Bettman breathed a sigh of relief. And the response from the public resounded from the banks of Newfoundland to the shores of British Columbia.

No. Not on our dime.

Three days after announcing the policy, the government had to recant. Federal Industry Minister John Manley, met the press and told them that the public response was "clear" and "negative." He added that the subsidies were "dead and we will not be pursuing this any further."

The people of Canada have sounded the death knell for the NHL in their country.

Simply put, all the Canadian teams except Montreal and Toronto need additional sources of revenue. It's simple math.

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