The last time the Canadian Grand Prix was not a figure on the annual Formula One Calendar was in 1987; thank God I wasn't born yet then! At that time, as history tells, the argument took place between the organizers and F1 concerning sponsorships.
This time, it seems the misunderstanding stands between the Circuit Gilles Villeneuve and F1 Management's commercial rights.
The calendar will, nevertheless, hold its 18 races, with some slight changes. The Turkish Grand Prix will move to June, and the Abu Dhabi Grand Prix will be added one as the last race of the season.
Every June in Montreal, the entire city unveils the colors of Formula One (hockey is usually long gone by then!) and several events are organized downtown to the joy of car racing amateurs.
Concerts, contests, and showoffs are among the listed activities. They attract much of the city's population to Crescent Street.
As you imagine, the businesses building their revenues around such events as the race are numerous; there is no need to explain how shocked they currently are. This race also surely brings notable revenue for the city of Montreal.
The last Grand Prize raised a lot of concerns from the drivers, but concerning the quality of the circuit. Those concerns raised a few eyebrows among the local organizers, as they defended the case with the temperature situation in Montreal: long winters, drastic temperatures drops, etc.
But the technical aspects are apparently not what brought up this decision.
Some think it was to cut team expenses, as it removes an "unnecessary" trip to North Amercia with the U.S. Grand Prix already gone. Others talk about the three-week break during the summer, giving room for a possible new venue in the future. The thing is, Formula 1 won't be anywhere near North America, except in our dreams!
Concerning the circuit itself, Bernie Ecclestone already made a point in 2007 concerning the improvements that had to be made to welcome a decent Grand Prize. In 2008, the organizers gave the circuit a new look, costing them nearly $5.5 million dollars.
The Canada Grand Prix Committee declared it won't issue any comment before a meeting is held with Formula One Management, and the FIA.