Template:1937–38 NHL Canadian Division standings
| GP | W | L | T | GF | GA | PTS | |
|---|---|---|---|---|---|---|---|
| Toronto Maple Leafs | 48 | 24 | 15 | 9 | 151 | 127 | 57 |
| New York Americans | 48 | 19 | 18 | 11 | 110 | 111 | 49 |
| Montreal Canadiens | 48 | 18 | 17 | 13 | 123 | 128 | 49 |
| Montreal Maroons | 48 | 12 | 30 | 6 | 101 | 149 | 30 |
Note: W = Wins, L = Losses, T = Ties, GF = Goals For, GA = Goals Against, Pts = Points
Teams that qualified for the playoffs are highlighted in bold.