The 1932–33 Montreal Canadiens season was the team's 24th season. The Canadiens again qualified for the playoffs, finishing third in their division. The club again met and lost to the New York Rangers in the playoffs.
The summer led to changes in the Canadiens organization. First, a change occurred in the team ownership. Louis Letourneau, regarded as a positive influence on the team, "generous in his praise and encouragement" sold his interest in the Canadiens to his partners Leo Dandurand and Joe Cattarinich.
After the disappointing 1931–32 season, Cecil Hart faced pressure from fans to resign his position in favour of a French-Canadian. When Hart, an independent insurance broker, had signed on as coach, the season was four and a half months and 36 games. Now it was 48 games and seven months. A combination of the pressure, and the negative effects on his business, led him to resign in August 1932. Former Canadiens star Newsy Lalonde would take over as coach.
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“Life contracts and death is expected,
As in a season of autumn.
The soldier falls.”
—Wallace Stevens (18791955)