Without much as a peep from Microsoft Canada, the Xbox 360 Arcade MSRP has plummeted to $129.99 CAD across most Canadian retailers. This is quite a price drop compared to the MSRP of $199.99 USD.  Gametactics.com has asked for comment from Xbox Canada and it is a temporary price drop till March 19th.

Even the official Xbox.com Canadian site lists the Xbox 360 Arcade at $129.99 Canadian, this temporary price drop has caused stock to be extremely low across all major retailers that have dropped  the price.  The following stores have confirmed the price drop of the Xbox 360 Arcade to $129.99 till March 19th:

Best Buy Canada
Dell Canada
EB Games / Gamestop Canada
Futureshop
Staples / Bureau En Gros
The Source
Walmart Canada
Zellers