no. i would have to ADD to the top or bottom to keep the ratio. 8.5 x 11 is more narrow than the 3:2 aspect of most cameras.
Its like going from wide screen tv to full screen.. if that is an easier comparison.
EDIT, and if you meant on the calendar itself, that adds production cost, as well as additional work for me to redesign the calendar templates. Then each of the days on the calendar would be smaller because they got squished up. Its just easier to say leave extra room