Peterborough had previously won the Memorial Cup once in team history, as they defeated the Brandon Wheat Kings in the final game at the 1979 Memorial Cup. The Petes had also been finalists at the 1980, 1978, 1972 and 1959 tournaments.
Peterborough had previously secured a championship title in the Memorial Cup competition, having emerged victorious against the Brandon Wheat Kings in the final contest at the 1979 tournament. The Petes had also been runners-up on four prior occasions: 1980, 1978, 1972, and 1959.