Members of the Canadian team, still wearing their gold medals and uniforms, returned to the ice long after spectators had left Canada Hockey Place following their 2-0 gold medal match win over the United States.
They partied for nearly 30 minutes, drinking champagne and beer, smoking cigars and laying stretched out across the ice while joking with photographers and cleaning staff.
"We will look into this matter but it is not an investigation," Mark Adams, International Olympic Committee (IOC) spokesman told Reuters.
Without a formal investigation the IOC it looked unlikely the Canadian Olympic Committee COC, Hockey Canada or the players would face any sanctions for their post game partying.
Hockey Canada issued a statement saying it did not condone such behaviour and apologised if their players´ celebrations had offended anyone.
Canada scored two first-period goals from Marie-Philip Poulin to claim a 2-0 win over the United States in the final.