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Calgary Flames trades for 2011-12
| Calgary Flames acquire | Date | Winnipeg Jets acquire | ||
|---|---|---|---|---|
 | Akim Aliu | January 30, 2012 | John Negrin |  |
| Chicago Blackhawks acquire | Date | Calgary Flames acquire | ||
|---|---|---|---|---|
 | Brendan Morrison | January 27, 2012 | Brian Connelly | |
| Montreal Canadiens acquire | Date | Calgary Flames acquire | ||
|---|---|---|---|---|
 | Rene Bourque | January 12, 2012 | Michael Cammalleri | |
| Patrick Holland | Karri Ramo | |||
| 2013 2nd round pick | 2012 5th round pick | |||
| Calgary Flames acquire | Date | Tampa Bay Lightning acquire | ||
|---|---|---|---|---|
| Blair Jones | January 6, 2012 | Brendan Mikkelson |  |
| Calgary Flames acquire | Date | Arizona Coyotes acquire | ||
|---|---|---|---|---|
| Lee Stempniak | August 29, 2011 | Daymond Langkow |  |
| Calgary Flames acquire | Date | Florida Panthers acquire | ||
|---|---|---|---|---|
| Jordan Henry | July 9, 2011 | Keith Seabrook |  |
| Buffalo Sabres acquire | Date | Calgary Flames acquire | ||
|---|---|---|---|---|
 | Ales Kotalik | June 25, 2011 | Chris Butler | |
| Robyn Regehr | Paul Byron | |||
| 2012 2nd round pick | ||||
| Calgary Flames acquire | Date | New York Rangers acquire | ||
|---|---|---|---|---|
| Roman Horak | June 1, 2011 | Tim Erixon |  |
| 2011 2nd round pick (#45-Markus Granlund) | 2011 5th round pick (#133-Shane McColgan) | |||
| 2011 2nd round pick (#57-Tyler Wotherspoon) | ||||