With time running out before the implementation of a lockout, NHL owners and the NHL Players Association will meet in New York on Wednesday in hopes of reaching a new collective bargaining agreement, as Ben Goessling of the Pioneer Press reports.

The collective bargaining agreement currently in place expires on Saturday, so the two sides have until then to try to reach an agreement. Otherwise, owners have already stated that they will officially lock out players by 11 p.m. on Saturday.

At the moment, the NHLPA is trying to argue in Canadian courts that an implemented lockout by the NHL would violate labor laws in the provinces of Quebec and Alberta, where the Montreal Canadiens, Calgary Flames and Edmonton Oilers play.

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