The tournament will be held starting Dec. 26, in Malmo, Sweden.
According to TSN's Bob McKenzie, Sutter will be announced as the national junior team's coach during a press conference Wednesday, which will introduce the coaching staff for the World Junior team as well as the national under-18 team that will play in the Memorial of Ivan Hlinka Tournament in August.
Sutter is the coach, general manager and owner of the Red Deer Rebels of the Western Hockey League.
Sutter coached Canada to a gold medal at the World Juniors in 2005 and 2006. He guided each teams to an unbeaten record to become the first coach to lead Canada to consecutive gold medals. He declined Hockey Canada's offer to return in 2007.