Canada won its fifth Olympic gold medal and 12th World Championship, represented by the Ottawa RCAF Flyers team of Canadian Armed Forces personnel.

[1] Bibi Torriani played for Switzerland which won the bronze medal, and became the first ice hockey player to recite the Olympic Oath on behalf of all athletes.

[8][9] CAHA president George Dudley subsequently threatened to withdraw Canada from the Olympics over the definition of amateur.

The LIHG expelled Germany and Japan, and memberships of Lithuania, Latvia, and Estonia were consolidated into the Soviet Union.

Pickard announced the Ottawa RCAF Flyers were chosen to represent the country and appeal to patriotic support for the Royal Canadian Air Force, but still continued to press for international recognition of the CAHA's definition of amateur.

[15] He also confirmed that the CAHA would pay the national team's expenses for the Olympics, and provide support to use the best Canadian players available.

[20] The idea of hosting a separate Ice Hockey World Championships surfaced again in January, and Ahearne stated that such a tournament could be arranged on 48 hours' notice.

[22] After bitter negotiations which were not resolved until the night before the Olympics, the AHAUS team was allowed to play in the tournament, but the IOC declared those games would not count in the standings.

On the final day the Swiss watched the Czechoslovaks beat the Americans dashing their gold medal aspirations, and then lost their opportunity for silver in a loss to Canada, finishing with a bronze.

[25] George Dudley stated that the 1948 Olympic hockey tournament was played in "ridiculous weather conditions" with poor refereeing.