Brian Mulroney is not holding his breath.

With the National Hockey League set to reveal expansion plans by June 22, the former prime minister and chairman of the board of Quebecor, the media company behind the bid, said the chances of the NHL returning to Quebec City in this round of expansion are “slim.”

“Thin for tomorrow, but I think our chances are good, not long-term, but eventually,” Mulroney told La Presse on Friday, according to a translation. “We do not know [for sure], one never knows. Eventually, we will have a team in Quebec, I think, but it will not be for tomorrow.”

Mulroney blamed the unfavourable exchange rate for making the transaction difficult.