The tournament was held in a double round-robin format, with each squad playing their opponents twice. The Rangers were routed by the Castors 10–4 in the opening game, but rebounded to defeat the Winter Hawks 9–2 in the second. Brian Bellows broke a Memorial Cup record in the second game, scoring the fastest goal to start a game in tournament history at 11 seconds. Portland then defeated Sherbrook 6–5 in overtime to bring all three teams to one win and one loss apiece. The Rangers rebounded from their opening loss to Sherbrooke, defeating the Castors 4–0 the second time around, but lost 4–2 to the Winter Hawks. Sherbrooke closed out the round robin with a 7–3 victory over Portland.
