Looking at Bodog, the current Grey Cup odds are:
BC 6/1
Calgary 5/1
Edmonton 7/1
Hamilton 10/1
Montreal 7/4
Saskatchewan 10/3
Toronto 25/1
Winnipeg 22/1
Well the Argos being last is not much of a surprise. The Ticats are listed at sixth, which seems a bit harsh since they are less than even, but probably reflects the overwhelming odds the Alouettes have. The Riders being second is a bit surprising, but some team has to be. Can't really argue with them at this early stage.
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