The second round is the only (possibly) advantageous thing the North has IMO. And even that, youre still likely taking on the top two (offensive) players in the league in McDrai. That disparity is largely to do with the freefall of Winnipeg.
Outside of the East division, the 4 seeds are roughly the same. Montreal and St Louis both have 57 points right now and Nashville who ha splayed 1 and 2 games more has 62 points.
The "gift" that the North division has been given is largely overstated. We might have a small advantage in the second round. The top teams are simply benefiting more from the "old" system of 1v8 rather than the divisional stupidity of the past handful of seasons.
Also, as was mentioned by
@CantLoseWithMatthews, Toronto/Boston/Tampa were possibly the most disadvantaged teams prior to the shortened season last year. Those teams fans were told to stop whining by fans of teams in much "easier" divisions. Yet now they're the ones whining.
Besides, playoffs are a different animal. Even Toronto with their flaws, and in my opinion fragile mental game, have been a tough out. 6/7/7/5 games with the latter only being a 5 game series. No matter how favorable the seeding the best teams still need to go out and rise above. Very few series are cakewalks in the current NHL.
Regardless, I fully agree the expectation for the this team should be much higher than the first or second round. I'd be saying that even if they were still the Atlantic. This team needs to start persevering and winning series in the playoffs or else changes to the core need to be made.
Also, as
@zeke said, a Canadian team making it to the final 4 doesn't really have anything to do with anything. I guess its nice for some fans who root for all Canadian teams but doesn't offer any kind of tangible benefit to the actual team.