"It would never happen," Yzerman told Le Journal de Montreal in response to a Wednesday report in The Star that he might be dealt to Quebec along with defenceman Steve Chiasson and a package of draft picks for junior star Eric Lindros.
"I would never accept to play in Quebec. No matter what happened, I wouldn't go."
Yzerman does not have a no-trade clause in his contract, a long- term deal signed last year that paid him $1.3 million last season.
"I don't know what I'd do, but I imagine I'd have no other option but to refuse to report to the Nordiques and stay home," Yzerman said. "I'm glad I don't have to deal with that."
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"I agree with Lindros on one point," said Yzerman, 26. "Because of the taxes, the exchange rate on the dollar and the cost of living, it is financially very difficult to play in Quebec.
"I have nothing against Canada, the province or the city of Quebec. People won't like what I say but it is strictly business. The owners always make business decisions so why not the players?"
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"It's just the high taxes," he said. "In Quebec, sales taxes are 15 per cent. In Michigan, they're 4 per cent.
"When I fill up my gas tank in Detroit, it costs $17. If I cross the river into Windsor, I have to pay $44 for the same gas. Quebec and Montreal are fantastic cities, just like my home town, Ottawa. But what the people put up with financially is crazy."