| Tournament details | |
|---|---|
| Host country |  Germany |
| Dates | 5 – 7 January 2006 |
| Teams | 4 |
| Final positions | |
Champions  |  Canada U23 (4th title) |
Runners-up  |  Finland U23 |
Third place  |  Switzerland |
| Tournament statistics | |
| Games played | 6 |
The 2006 Air Canada Cup was the fourth edition of the women's ice hockey tournament. It was held from January 5-7, 2006 in Ravensburg, Germany. The Canadian U23 national team won the tournament, finishing with a record of two wins and one loss over three games.
| Canada U23 | 4–1 (0-0, 3-0, 1-1) | Finland U23 | Ravensburg |
| Germany | 0–3 (0-0, 0-1, 0-2) | Switzerland | Ravensburg |
| Canada U23 | 10-1 (3-0, 4-0, 3-1) | Switzerland | Ravensburg |
| Germany | 0–2 (0-0, 0-1, 0-1) | Finland U23 | Ravensburg |
| Finland U23 | 5–2 (1-1, 1-0, 3-1) | Switzerland | Ravensburg |
| Germany | 6–4 (1-2, 1-1, 4-1) | Canada U23 | Ravensburg |
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Canada U23 | 3 | 2 | 0 | 1 | 18 | 8 | +10 | 6 |
| 2 | Finland U23 | 3 | 2 | 0 | 1 | 8 | 6 | +2 | 6 |
| 3 | Switzerland | 3 | 1 | 0 | 2 | 6 | 15 | −9 | 3 |
| 4 | Germany | 3 | 1 | 0 | 2 | 6 | 9 | −3 | 3 |