Canada's chances are just as good as they were at the beginning of the tournament. They are far from a sure thing because there are 6 other awfully good teams standing in the way, but the losses in the preliminary round mean nothing. Remember Salt Lake? How about the Czechs in last year's World Cup? They were absolutely awful in the round robin and everyone counted them out, but as soon as the elimination round started they were a new team and even outplayed Canada (who had completely dominated everyone up to that point), despite losing in overtime.