Nope, it is more and more Commercialized American.
I had a feeling that was the case. Though it still seemed like it was strongly affiliated with Canadian culture due to history and also the recent Canadian gold medal Olympic wins.
The US has about 10x the population, and thus approx. 10x of available money to support the NHL. Technically, even if Americans liked hockey 90% less than Canadians per capita, the NHL would get about the same amount of money from both countries.
Despite this, it only has about 3x the number of teams (instead of the demographic 10x), and I think about 55% of all players are Canadian.