Canada lost the gold medal game in overtime to Sweden. A short-handed Swedish goal with 20 seconds left in the second period helped Sweden achieve a tie in regulation time, enabling them to win in overtime.

For Canadian hockey players, it has never been easy to deal with a shootout loss.
And for the second time in four-and-a-half months at a major international tournament, there was Canada, once again, on the losing end of a gold-medal final shootout.
This time it was Sweden skating away with a 2-1 shootout victory to claim gold in Cologne, Germany over Ryan O'Reilly, Matt Duchene and Canada to end a bid for a third World championship in a row.
Just like the World junior final on Jan. 6, a game the United States won 5-4 thanks to a shootout, this was no way to end a championship tilt. But the International Ice Hockey Federation has settled its tournaments like this for decades and Canadians have felt the pain for decades.
http://www.cbc.ca/sports/hockey/nhl/...nada-1.4126429