The 1932 Memorial Cup final was the 14th junior ice hockey championship of the Canadian Amateur Hockey Association. The George Richardson Memorial Trophy champions Sudbury Cub Wolves of the Northern Ontario Hockey Association in Eastern Canada competed against the Abbott Cup champions Winnipeg Monarchs of the Manitoba Junior Hockey League in Western Canada. In a best-of-three series, held at Shea's Amphitheatre in Winnipeg, Manitoba, Sudbury won their 1st Memorial Cup, defeating Winnipeg 2 games to 1.
Max Bennett, Toe Blake, Borden Caswell, Maurice Dabous, Peter Fenton, Ivan Fraser, Gordon Grant, Anthony Healy, Adelard LaFrance Jr., Larry LaFrance, Jack McInnes, Robert McInnes, Red Porter, A.J. Powell, Don Price, Nakena Smith. Coach: Sam Rothschild Manager: Max Silverman