The 37th Grey Cup was played on November 26, 1949, before 20,087 fans at Varsity Stadium at Toronto. Montreal Alouettes defeated Calgary Stampeders 28–15. Though teams from Montreal had won two Grey Cups, this was the first appearance and victory for the Montreal Alouettes franchise.

Box Score (partial)

First Quarter Montreal - TD - Virgil Wagner 00 yard run (Ches McCance convert) Montreal - TD - Bob Cunningham 00 yard pass from Frank Filchock (Ches McCance convert) Calgary - Rouge Calgary - TD - Harry Hood 2 yard run (convert good) Second Quarter Montreal - TD - Herb Trawick 34 yard fumble return (convert no good) Third Quarter Montreal - TD - Virgil Wagner 00 yard run (Ches McCance convert) Montreal - FG - Ches McCance Fourth Quarter Calgary - Safety - Johnny Aguirre tackled Bob Cunningham in the end zone Calgary - TD - Sugarfoot Anderson 00 yard fumble return (convert good) Montreal - Rouge - Ches McCance missed field goal Montreal - Rouge - Fred Kijek

Facts

This was the third Grey Cup victory for a team from Montreal. In 1931 The Montreal AAA Winged Wheelers won the 19th Grey Cup game. In 1944 St. Hyacinthe-Donnacona Navy won the 32nd Grey Cup game. The Montreal AAA had also won hockey's Stanley Cup in 1893, 1894, 1902 and 1903.