Rumor: Canadian Xbox 360 price drops $50 Friday

Update 8:15 PM EST: Toys R Us Canada has apparently lowered their prices already.

Thanks to an anonymous tipster, we have early word on what might be an upcoming price drop for the Canadian Xbox 360. The above phonecam photo comes from a FutureShop Canada employee, who says he was "quite surprised" to find a $50 price drop for the Xbox 360 Pro Console advertised right on the front page of next week's advertising fliers. Our source also tells us that the inside of the flier trumpets a $50 price drop for the XBox 360 Elite (to $449), an offer which allegedly includes a free copy of Turok.

Both price drops should be effective Friday, if this rumor proves true, and while we have no way of confirming this information as of yet, we have no explicit reason to doubt it either. Regardless, if you're a Canadian looking to buy an Xbox 360, it couldn't hurt to wait a couple of days to see if you can save a bit of green, er, funny multicolored money.