I'm not sure how it is in Finland, Russia and USA, but hockey is on the decline in Sweden. Pretty sure it won't be long until we won't be legit contenders for the gold. We'll always be a powerhouse because the sport is so small, but the gap between Canada and Sweden is increasing, and it won't be decreasing anytime soon.
The days of Forsberg, Sundin and Lidström are long gone.
Honestly, if I was Canadian I'd probably hope they didn't become as dominant as they probably will be. The international scene will suffer. Canada and Finland are pretty much the only 2 relevant hockey nations that will watch/love hockey regardless. Swedes, Russians, Czech and Switzerland always got football/soccer,
so if we start to be dominated hard in hockey we'll just watch football instead. Majority of USA doesn't really care as it is, their population is just so huge it doesn't matter.