¹The tie-breaking procedures for the Olympics were changed in the few minutes between the end of the final game and the medals presentation. By the rules that were being used until the end of the final game (goal difference between the top four teams),Canada was the bronze medal winner, but just before the medal ceremony this was changed, and Czechoslovakia won bronze by the new rules (goal difference in all games of the Olympics). In 2005, the International Ice Hockey Federation attempted to alter the results of World Championship, awarding Canadians a bronze medal, but then it changed its mind, and in September 2005 the IIHF finally rejected Canada's appeal to be awarded 3rd place.
Prior to the tournament it was determined that there would be a spot allocated for an Asia/Oceanic representative. Also, for the third (and final time) East played West to decide the German representative in the Olympic hockey tournament.
Winners (in bold) qualified for the Group A to play for 1st–8th places. Teams which lost their qualification matches, played in Group B for 9th–16th places. Countries were seeded (roughly) from their placement at the 1963 World Ice Hockey Championships. Switzerland was the only 'B' pool team to win, defeating Norway who was also from the 'B' pool.