The 2007 MasterCard Memorial Cup was played in May 2007 in Vancouver, British Columbia, at the Pacific Coliseum.

The Giants won their first Memorial Cup, defeating Medicine Hat 3–1 in the second all-WHL final in tournament history (the first was in 1989).

The tournament was the first to feature two league champions based in the United States, from Lewiston, Maine and Plymouth, Michigan, respectively.

The only previous Memorial Cup to feature two American teams was the 1998 Memorial Cup, featuring the WHL champion, the Portland Winter Hawks and the host, the Spokane Chiefs.

[1] Goaltenders Defencemen Forwards Head coach: Don Hay Goaltenders Defencemen Forwards Head coach: Mike Vellucci Goaltenders Defencemen Forwards Head coach: Clement Jodoin Goaltenders Defencemen Forwards Head coach: Willie Desjardins All-star team †Shawinigan seeded 8th in Eastern division.