The 1892 Amateur Hockey Association of Canada season lasted until March 7.
Ottawa defeated the Montreal Hockey Club in January and held the championship until March, defending it six times before Montreal won it in the final challenge of the season, defeating Ottawa 1–0.
Ontario champion Ottawa Hockey Club took over the championship by defeating the Montreal Hockey Club, and held it until the final game of the season, when the Montreal HC defeated them at their home Rideau Rink.
The result is said to have displeased Governor-General Stanley, and after the season, he announced his donation of the Stanley Cup at the Ottawa HC end-of-season banquet, and asked for changes in the determination of the championship.
† League Champion by winning final challenge Games consisted of a mixture of Challenge games and Exhibition (friendlies) Note: GP = Games played, GA = Goals against, SO = Shutouts, GAA = Goals against average Source: Ultimate Hockey Source: Ultimate Hockey