Canada downed Kazakhstan 6-2 in the final in a result that mirrored the North Americans' dominance in Alba di Canazei.
Victory for Canada, which came despite conceding the fastest ever goal at a Games finale after just 14 seconds, follows their bronze medal at the 2011 Universiade.
“We are very glad about our victory," said Canadian captain Chris Culling, who scored twice and had an assist.
"Kazakhstan is an outstanding team, we could not expect such a large victory also because anything could happen in an ice hockey match. We’re enjoying this victory, our guys have deserved it."
Canada's women also won gold earlier in the week in Trentino.
New Zealand claimed a historic gold in snowboarding as Natalie Good won the women's slopestyle event on Monte Bondone.
It was New Zealand's first ever gold at a Winter Universiade.
Good edged out two Swiss boarders for her victory: Carla Somaini settled for silver and Caroline Hoeckel bronze.
“I am really happy and surprised at the same time," Good said. "This is my first gold medal and the first gold medal ever won by New Zealand at the Winter Universiade. I am very proud of my performance.
"I will not compete in Sochi Olympic Games because I didn’t qualify, but I hope I can participate in the next editions. I will remember Trentino and this event forever.”
In the men's race, Philippe Haenni's final run was good enough to secure gold for Switzerland.
American Billy Wandling won silver with Rafael Imhof taking his second bronze of the Games, after coming third in the halfpipe.
Haenni said: “This is the greatest result in my sport career. I didn’t imagine I could win. I neither had an idea about which kind of race it would be since I didn’t know my competitors.
"After the qualification stages I understood many things about their skiing, so I had the opportunity of winning the race. The snow wasn’t enough on the course but, the course was really well-prepared."
And finally, in cross-country, Russia dominated the 30km mass start race, claiming all three podium places.
Vladislav Skobeliev picked up gold ahead of compatriots Emil Vokuev and Andrey Feller to end a hugely successful 10 days for Russia.
"It was an amazing Universiade for all of us," Skobeliev said. "This race proves that we have all done an excellent preparation and we want to thank our team and coaches."
Russia finished the Games top of the medal table with an incredible haul of 50 in total, comprising 15 gold, 16 silver and 19 bronze.
Poland were second with 10 golds, while Korea and China, so dominant on the ice, were third and fourth with eight and five respectively.
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