Toggle sidebar

NHL and NHLPA “watching closely” decline of Canadian dollar

  • Xenforo Cloud has upgraded us to version 2.3.6. Please report any issues you experience.
  • We are currently aware of "log in/security error" issues that are affecting some users. We apologize and ask for your patience as we try to get these issues fixed.
blueandgoldguy said:
Yeah, I know. Just having fun. I always get a kick out of the rhetoric " The US economy was humming along when so-and-so was in charge but went into the crapper when party B took over."
Click to expand...


I am trying not to bring politics into this because many people who see this thread wont behave. Being in Europe gives me the ability to look from the outside in. What is hurting the looney is how unpopular JT is, Canada has to have an election by October 25th and the guy who will be in the big chair in the US in Feb does not like him and many foreign investors believe he will us Canada a chew toy until JT is gone and even then he may still be pushing tariff's on Canadian exports to the US. that is causing massive problems.
 
I think posters need to realize and understand that the US is coming to the end of an election cycle and Canada is in one (whether people realize it).

Markets and investors hate instability, uncertainty, governmental uncertainty, lose of trust in both the government and business leaders. The list goes on.

Since August 31st the looney has lost .03 vs the US buck. Many things have caused this with the fact JT has not laid out his parties reelection plan in any way shape or form and when it became evident that their would be a change in the US top job, eyes turned north and investors and markets did not see leaderships not only in JT but in the business leaders and that lead investors to put their money elsewhere and the markets fallowed.

Economics is a difficult subject to explain because there are so many different versions of economics and understanding all the minutiae that comas with it.

Depending what happens between now and whenever Canada has the election--things could be interesting. And the instability will only grow and cause more trouble until then
 
Jumptheshark said:
I am trying not to bring politics into this because many people who see this thread wont behave. Being in Europe gives me the ability to look from the outside in. What is hurting the looney is how unpopular JT is, Canada has to have an election by October 25th and the guy who will be in the big chair in the US in Feb does not like him and many foreign investors believe he will us Canada a chew toy until JT is gone and even then he may still be pushing tariff's on Canadian exports to the US. that is causing massive problems.
Click to expand...
Lol, tariffs will also hurt US citizens, when they start paying more for goods from Canada and other countries.
 
WeaponOfChoice said:
Yeah, the dollar fluctuating is a sign that Canada doesn't support its teams
Click to expand...
No, but it says we are constantly financially screwed despite supporting our teams.

Seeing the frequent financial and ownership concerns our NHL teams have outside of TOR, MTL & VAN, as well as other pro teams (MLS's Vancouver Whitecaps), it's time we should end our delusion that we can support pro teams as well as most markets can in the US.

Golden_Jet said:
7 cities in Canada, is like 70 cities in the US by capita.
Click to expand...
Finally, someone other than me is saying it. As much as I'd love to see the NHL back in Québec City, we as a country where nearly half of the population lives in an NHL market, I'm actually quite content with 7 teams.
 
Last edited:
Let's say the league splits, I wonder which one lose a team to bankruptcy first.

Yeah you will argue that the best player will choose to depart for the us team offering better salary and you would be correct. In fact the Americans side would likely up the cap to looks like the big fish and attract the best players.

Meanwhile the Canadians league would freeze the cap, might even lower it. They add Quebec city or Toronto 2 to be 8 team, then expand to 10-12 in a couple of years. Potentially including team close to the border. Ahl candidate like Chicago wolves a team in Michigan, Portland or Hartford

At the end of the day Canadians team still filled theirs barns because it's the best pro sport to watch in Canada.

Even in the worst case scenario, Canadian hockey would be fine.
 
Last edited:
  • Like
Reactions: Subban signed e5
End on a Hinote said:
Seeing the frequent financial and ownership concerns our NHL teams have outside of TOR, MTL & VAN, as well as other pro teams (MLS's Vancouver Whitecaps), it's time we should end our delusion that we can support pro teams as well as most markets can in the US.
Click to expand...
It's really funny to present this doom and gloom argument when what many considered the weakest markets in Canada (OTT, WPG) are now, for the most part, relatively safe either because of new ownership, or because current ownership is so loaded with cash that it'll take something much worse for him to consider selling. It's also really funny to effectively ignore that Canadian markets are effected by the same fan foibles as others in the US...or are you forgetting the entirety of the late 2010's for the Canucks, where people were demanding Aquillini sell the team, and how those calls look moronic now after last year especially, or now this year?
 
You must log in or register to reply here.

Latest posts

Ad

Ad

Top Bottom