The Soviet Union competed in its first World Championship in 1954, defeating Canada and winning the gold medal. At the 1956 Winter Olympics in Cortina d'Ampezzo, Italy, the Soviet team went undefeated and won its first gold medal. Canada's team lost to the Soviets and the United States in the medal round, winning the bronze. The 1960 Winter Olympics, in Squaw Valley, United States, saw the first, and to date only, team from Australia compete in the tournament. Canada, the Soviet Union, Czechoslovakia and Sweden were the top four teams heading into the Games, but were all defeated by the American team, which won all seven games en route to its first Olympic gold medal. Canada won the silver medal and the Soviet Union won the bronze.