Canadian Satellite Radio (aka XM Canada) announced this morning that they have reached 270,000 subscribers as of May 31st.

Along with the announcement, XM Canada was sure to boast that the NHL will be going exclusive with XM on July 1st. The NHL contract with XM is effective for the next eight seasons. 

Last week, President and COO of XM Canada Steven Tapp resigned to "pursue other opportunities." Canadian Satellite Radio has not announced a replacement yet.