I've never had season tickets with the Flames (for obvious reasons), but I had season tickets for my Swedish team every year that I lived in/near that city. I never even considered giving them up when the team had a number of really poor perfomances and missed the playoffs two years in a row after a 13 year playoff streak (in fact, they came a point away from playing in the relegation division).
However, I also understand that season ticket prices are much higher in the NHL and I wouldn't blame anyone for prioritizing other things over hockey.
If you want to cancel, go ahead. But if you can't live without live-hockey and the Flames, you probably should keep them!
Edit: Oh, today my Swedish team is in the semi-finals, won the regular season last season, And also brought home the European Trophy. There's something special about knowing that you were there during the dark ages as well.
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