I haven't seen a lot of sales on consoles or games, other than a pre-xmas, going out of business blowout at Music World in Square One (now sold out).
There were some Boxing Day sales at Futureshop and Best Buy on games (something like $20-30 off) but I dunno if those are still in effect. Check their website or the flyers.
I think there were better sales on consoles last Boxing Day. That's when I bought my Xbox 360 for something like $100 off. No deals like that this year.