Six days after the announcement, he was hospitalized after taking a puck to the throat in practice. He spent the night in the intensive care unit for fears his windpipe would swell shut. Discharged from the hospital on game day, Luongo recorded a shutout that night against the Montreal Canadiens on January 16, 2007. During the 2007 NHL All-Star Game in Dallas, Luongo was named the Skills Competition's top goaltender and helped the West to a 12–9 win over the East. Late in the season, Luongo recorded his franchise record-setting 39th win in a 2–1 overtime victory on March 9. He surpassed Kirk McLean's 38-win mark set in 1991–92. He went on to finish with a career-high 47 wins, one shy of league-leader Martin Brodeur, who broke Bernie Parent's thirty-three-year-old NHL record of wins in a season. Luongo and Brodeur are considered, however, to have been given an advantage to Parent with the inauguration of the shootout that season by the NHL, allowing more games to be decided with wins, as opposed to ties.
In addition to his 47 wins, Luongo recorded a 2.29 GAA (which was at that time, a personal best) and a team-record .921 save percentage (surpassing Dan Cloutier's .914 save percentage in 2003–04; later broken by Cory Schneider's .929 save percentage in 2010–11). He won three team awards – the Cyclone Taylor Trophy as MVP, the Molson Cup as the player with the most three-star selections, and the Most Exciting Player Award. Leading the Canucks to a Northwest Division title and what was then a franchise record of 105 points, the team was seeded third in the Western Conference