Flip your perspective. You should be happy about your worst placing ever (no sarcasm, read on.)
1. It shows the strength of hockey around the world. That's good for everyone.
2. It will make you regroup as a nation in your approach to development. I don't care who you are, win like Canada has been and you will battle apathy an lethargy toward continual improvement.
3. The horrible taste left in the mouth will drive your youth to push harder.
I mean seriously. Look at your historical record vs. the world - both amateurs and professionals (since Olympics allowed them.) Absolutely no one feels bad for you getting booted from World Juniors! No one.
Did you feel bad when the US Men's BB Olympic Team didn't win gold? Ah, that'd be a "NO." Neither did the world. But it made us regroup, address underlying issues, and improve. Same will happen for Canada. It's actually a very apt comparison if you think about it.