Bodnar was the recipient of the Calder Memorial Trophy in 1944, and won the Stanley Cup in 1945 and 1947. Bodnar played in the 1951 NHL All-Star Game, and was the recipient of the 1971 to 1972 Coach of the Year Award. Bodnar was elected to the North Western Sports Hall of Fame in 1983, and the Oshawa Sports Hall of Fame in 1995. On July 1, 2005, Bodnar died at the Lakeridge Health Unit in Oshawa, Ontario, Canada.