1948-49 Allan Cup Final

The Ottawa Senators won Ottawa's third Allan Cup in eight years and its first since 1943.

Finalists

 * Western Canada: Regina Capitals
 * Eastern Canada: Ottawa Senators

Final
Best of 7

Note: The sixth and seventh games, if necessary, would have been played in Montreal.

Ottawa Senators beat Regina Capitals 4 games to 1.

Ottawa Senators won the Allan Cup.