The 2007 MasterCard Memorial Cup was played in May 2007 in Vancouver, British Columbia, at the Pacific Coliseum. It was the 89th annual Memorial Cup competition and determined the major junior ice hockey champion of the Canadian Hockey League (CHL). The tournament was competed between the WHL champion, the Medicine Hat Tigers; the OHL champion, the Plymouth Whalers; the QMJHL champion, the Lewiston Maineiacs; and the host team and tournament champion, Vancouver Giants, who were competing in their second consecutive national junior championship. The Memorial Cup tournament was a four team tournament with a round-robin format. The Giants won their first Memorial Cup, defeating Medicine Hat 3–1 in the second all-WHL final in tournament history. The tournament set a new Memorial Cup attendance record with 121,561 fans attending the nine games. The previous record of 84,686 was set at the 2003 tournament in Quebec City.

Pacific Coliseum, known to locals as "The Coliseum" or the "Rink on Renfrew," is an indoor arena located at Hastings Park in Vancouver, British Columbia. Its main use has been for ice hockey and the arena has been the home for several ice hockey teams.