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. __TOC__ 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.