| Number: | 34 |
| Type: | Grey Cup |
| Date: | November 30, 1946 |
| Stadium: | Varsity Stadium |
| City: | Toronto |
| Visitor Name: | Winnipeg Blue Bombers |
| Visitor Colour: | Winnipeg Blue Bombers |
| Home Name: | Toronto Argonauts |
| Home Colour: | Toronto Argonauts |
| Visitor Coach: | Jack West |
| Home Coach: | Teddy Morris |
| Visitor Record: | 5–3 |
| Home Record: | 7–3–2 |
| Visitor1: | 0 |
| Visitor2: | 0 |
| Visitor3: | 0 |
| Visitor4: | 6 |
| Home1: | 0 |
| Home2: | 16 |
| Home3: | 6 |
| Home4: | 6 |
| Attendance: | 18,960 |
The 34th Grey Cup was played on November 30, 1946, before 18,960 fans at Varsity Stadium at Toronto.
The Toronto Argonauts defeated the Winnipeg Blue Bombers 28–6.