With the loss, Canada drops into 4th place in Group B (Denmark is in third, but has played one more game).
- The US leads the group with 13 points. They have games remaining against Norway and Finland.
- Finland is second in the group with 12 points. Their remaining games are against Germany and the US.
- Denmark is third in the group with 11 points. They have one game left against Latvia.
- Canada is in fourth with 10 points. They have two games remaining, Monday vs Latvia and Tuesday against Germany.
Assuming there are no major upsets, the USA-Finland game is going to determine Canada's fate.
If Canada wins its remaining games in regulation, they'll finish with 16 points. If Finland defeats Germany in regulation, they'll have 15 points going into the game against the US. If the US defeats Norway in regulation, they'll have 16 points going into the game against Finland.
The tiebreaker is the head-to-head game, so Canada will finish below the the US or Finland if they were to end up tied with either one. That means that Canada will need the US to win in regulation to finish second in the Group. A Finnish regulation win would leave Canada and the USA tied. A USA OT/SO win would leave Canada and Finland tied. A Finnish OT/SO win would give both teams more points than Canada.
Obviously, any unexpected results in the other games would mess this up.
Barring any major upsets, Canada basically can't win the Group at this point, so their best hope is to finish second (which will mean a likely matchup against the Czechs in the quarterfinal). If they finish third, it will be a game against the loser of the Sweden-Russia game that will end group play.