The 1934 Ice Hockey World Championships were held from February 3–11, 1934, at the Palazzo del Ghiaccio in Milan, Italy.

Like the previous year's World Championship twelve teams participated, with defending champions United States and Canada advancing directly to the second-round.

The group winners advanced directly to the semi-finals, while the fourth semifinal position was decided by an extra qualifying round for the second-place finishers.

As the bottom finishers in their respective preliminary groups (group C qualified all its teams for the second round), Great Britain and Belgium played a qualification match to determine which of them joined the round robin; the loser (Belgium) finished the tournament in 12th place.

1934 World Champion Canada Ray Watkins, Jim Dewey, Ab Rogers, Bert Scharfe, Elmer Piper, Ron Silver, Cliff Lake, Hobb Wilson; Coach: Johnny Walker 1934 European Champion Germany