Expect Canada to be its own division. The rest is TBD.
Honestly, I don’t know how you launch anything while cases are exploding. The QMJHL is shut down except for the Maritimes Division (6 teams). The OHL isn’t starting until February 4, and there’s still no clue how they’ll handle Flint, Saginaw and Soo. The WHL starts January 8 and all play will be exclusively in-division. Those last two could yet shift again.
The NHL and NHLPA have said they won’t do bubbles again, so you can bet guys will get infected some more. I expect it’s only a matter of time before someone gets infected and has issues; really surprised that it hasn’t happened already to someone big-name, which is what it will take for everyone to realize oh shit, this might be a serious thing, maybe we shouldn’t be putting everyone at risk.
My guess: they don’t start until February 1, we play come hell or high water and the playoffs go into the summer again, and then they shorten the offseason to try and get '21-22 on as normal.