| Tourney Name: | Air Canada Cup |
| Year: | 1987 |
| Dates: | April 1987 |
| Num Teams: | 6 |
| Venues: | Earl Armstrong Arena in Gloucester, ON |
| Type: | other |
| Winners: | Riverains du Richelieu |
| Second: | Notre Dame Hounds |
| Third: | Calgary Buffaloes |
| Mvp: | Reggie Savage |
| Scoring Leader: | Reggie Savage |
| Prevseason: | 1986 |
| Nextseason: | 1988 |
The 1987 Air Canada Cup was Canada's ninth annual national midget 'AAA' hockey championship, which was played in April 1987 at the Earl Armstrong Arena in Gloucester, Ontario. The Riverains du Richelieu defeated the Notre Dame Hounds to win their first national title.[1] The Calgary Buffaloes won the bronze medal. Future National Hockey League players competing in this tournament were Rod Brind'Amour, Scott Pellerin, Reggie Savage, Olaf Kölzig, and Stephane Fiset. Savage, playing for Richelieu, was the tournament's top scorer and named Most Valuable Player.
| width=20 | Result | Team | width=80 | Region | City |
|---|---|---|---|---|---|
| Riverains du Richelieu | Quebec | Sorel, QC | |||
| West | Wilcox, SK | ||||
| Calgary Buffaloes | Pacific | Calgary, AB | |||
| 4 | Sudbury Burgess Powertrains | Central | Sudbury, ON | ||
| 5 | Gloucester Rangers | Host | Gloucester, ON | ||
| 6 | Dartmouth Forbes | Atlantic | Dartmouth, NS |