The 1995 World Junior Ice Hockey Championships (1995 WJHC) was the 19th edition of the Ice Hockey World Junior Championship and was hosted in Red Deer, Alberta, Canada with games held throughout central Alberta.

The 1995 tournament was a round-robin format, with the top three teams winning gold, silver and bronze medals respectively.

Eight teams contested the second tier this year in Caen, Rouen, Le Havre, and Louviers France from December 27 to January 5.

Eight teams were divided into two round robin groups, with placement games to follow (1st played 1st, etc.).

Six teams played a round robin, with the top two gain promotion for the following year's Pool C, the remaining teams would be placed in Pool D. It was played from December 31 to January 6, in Tallinn Estonia.