The men's ice hockey team plays in the Ontario University Athletics conference, and are coached by Darren Lowe. The team is based at Varsity Arena. The current Varsity Blues have won ten CIAU Championships. The men's ice hockey team was founded in 1891. The Varsity Blues senior team won the Allan Cup in 1921 and 1927, and won the gold medal at the 1928 Winter Olympics. Conn Smythe (U of T 1920), the principal owner of the N.H.L Toronto Maple Leafs (1927–61) and builder of Maple Leaf Gardens (1931), chose Royal Blue and White as his team's colors to honor his Alma Mater. The Maple Leafs are popularly known as "The Blue & White" by many of their older fans.
The Nordic skiing team competes against Ontario universities each year at the OUA Championships in February after qualifying races earlier in the season. The team has steadily grown in size and experience since Hans Fischer stepped up to the position of coach in the 2005-06 season.