The Toronto Varsity Blues men's ice hockey team is an ice hockey team operated by the Varsity Blues athletics program of the University of Toronto. They are members of the Ontario University Athletics conference and compete in U Sports. The Varsity Blues senior team won the Allan Cup in 1921 and 1927, and won the gold medal for Canada at the 1928 Winter Olympics. The team is based at Varsity Arena on the University downtown campus in Toronto, Ontario.

The Allan Cup is the trophy awarded annually to the senior ice hockey champions of Canada. It was donated by Sir Montagu Allan of Ravenscrag, Montreal, and has been competed for since 1909. The current champions are the Dundas Real McCoys, who captured the 2023 Allan Cup in Dundas, Ontario.