Baertschi announced his retirement Wednesday, per Gregory Beaud of Blink.ch.
Baertschi was reassigned to AHL Henderson on Friday.
Baertschi was recalled by Vegas on Tuesday.
The Canucks placed Baertschi on waivers Monday.
Baertschi has opted out of the NHL's Return to Play, Rick Dhaliwal of TSN 1040 Vancouver reports.
According to Baertschi's agent Andre Rufener, the winger is looking to play in the NHL next season, rather than sign with a European club, Rick Dhaliwal of TSN 1040 Vancouver reports.
The Canucks waived Baertschi on Sunday.
Vancouver assigned Baertschi to AHL Utica on Tuesday.
Baertschi registered an assist and two shots on goal in Tuesday's 5-3 win over the Predators.
Baertschi will suit up for the Canucks for Friday's game in Winnipeg.