Awful news, especially late in October as roster spots are hard to find. There were some great new up and coming riders (Houle, Boivin and Boily come to mind), hope they can find some new places as a year off at that age will be terrible for developpment. I feel bad also for François Parisien who had a really good end of the season and for US Champ Duggan who signed there some time ago.
They will not race in 2013, trying instead to hunt for new corporate sponsorship.
How does not racing in 2013 help a team to go WorldTour in 2014?
It was good to have a ProConti Canadian team while it lasted. I hope that their plan goes well and that they do find sponsors, but I'm not very confident.