Finland captured its first World Junior gold medal, Czechoslovakia took silver, and Sweden the bronze.

With 6:07 left in the second period of the final game of the tournament between Canada and the Soviet Union, Pavel Kostichkin took a two-handed slash at Theoren Fleury, sparking a fight between the two; the USSR's Evgeny Davydov left the bench to assist Valeri Zelepukin in a fight, who was already playing the game with a separated shoulder, and was being pummeled by Canadian forward Mike Keane.

An emergency meeting was held following the brawl that ended with the delegates voting 7–1 to eject both teams from the tournament, with the sole dissenter being Canadian Dennis McDonald.

Some Canadians maintained that the Soviets had started the brawl by leaving their bench first, and had deliberately done so with the intention of getting Canada ejected.

[7] Soviet administrator Yuri Korolev expressed regret that the incident occurred but did not admit any guilt.