After falling behind 4-1, Canada pushed hard in the third period, cutting the gap to a single goal, but Germany held on even as the Canadians pulled their goaltender with a little over a minute left in regulation.
Canada will now play the Czech Republic for the bronze on Saturday while the Germans get ready to take on Russia in Sunday's gold medal game.
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Germany didn't even qualify for the last Olympics, and won its only other medal in 1976, as West Germany. Canada, two-time defending champs, have 15 medals to boast of: nine gold, four silver and two bronze.
However, with fewer than 10 Germans playing in North America, the absence of NHL'ers has certainly hurt Germany less than others.