Best of 7
|March 3||Port Arthur 7||Fort Frances 6||Fort Frances|
|March 4||Fort Frances 14||Port Arthur 6||Fort Frances|
|March 6||Fort Frances 6||Port Arthur 3||Port Arthur|
|March 8||Fort Frances 10||Port Arthur 3||Port Arthur|
The series was awarded to Fort Frances Canadians. The reasons were very low attendance and lopsided scores.
Fort Frances Canadians advanced to the 1949-50 Western Canada Allan Cup Playoffs.