Canadian Teams Busy on Trade Day: Canucks, Flames & Oilers

2 min read• Published March 4, 2026 at 9:17 p.m.
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Well, the NHL trade market finally woke up today. The dam didn’t completely burst, but the water definitely started moving. A few Canadian teams got busy making deals, tweaking their rosters, and, in some cases, thinking about the future, while others are clearly focused on winning right now. As always, around trade season, every move comes with hope, risk, and the big question: who actually comes out ahead? Around the league today, Canadian teams made several notable moves, and while some were smaller tweaks, a couple were real headline-grabbers. Let’s run down the scoreboard.

Trade 1 – Vancouver Canucks

The Vancouver Canucks moved veteran defenceman Tyler Myers to the Dallas Stars.
Return: Two draft picks.

Myers had been in Vancouver for nearly seven years, and by his own words, the decision to waive his no-move clause was emotional. But he also said the opportunity with Dallas was too good to pass up. The Stars are a legitimate contender, and for Myers, it’s a chance to chase something meaningful late in the season.

Trade 2 – Calgary Flames

The Calgary Flames sent defenceman MacKenzie Weegar to the Utah Mammoth.
Return: Three second-round picks and two players. Specifically, Calgary will receive defenceman Olli Maatta, three 2026 second-round picks and prospect Jonathan Castagna. The three picks the Flames acquired belong to Utah, Ottawa and the New York Rangers.

That’s a fairly hefty return. Weegar, who originally came to Calgary in the Matthew Tkachuk blockbuster years ago, brings stability to Utah’s blue line. Calgary, meanwhile, clearly adds future assets and depth pieces.

Trade 3 – Edmonton Oilers

The Edmonton Oilers made a win-now move with the Chicago Blackhawks.

Edmonton receives: Jason Dickinson and Colton Dach.
Chicago receives: Andrew Mangiapane and a first-round pick (top-12 protected).

This one screams urgency. When you’ve got Connor McDavid and Leon Draisaitl in their prime, the message is simple: the window to win is right now.

The Bottom Line for the Canucks, Flames & Oilers

So what’s the lesson today? Different Canadian teams are clearly in different phases. Vancouver trims a veteran while giving him a shot at a Cup run. Calgary banks future assets. Edmonton pushes its chips into the middle of the table because, frankly, when you’ve got McDavid and Draisaitl,l you don’t wait around.

Trades always look good on paper in March. The real judgment comes later—April, May, and maybe June. That’s when we find out which moves actually mattered.

Related: Two Former Maple Leafs I’d Love to See Back in Toronto