After his playing days, he coached the 1984 Whitby Warriors to a Minto Cup.
In 1985, he moved on to coach the Brooklin Redmen to an eastern championship and met the New Westminster Salmonbellies for the Mann Cup. The Redmen lost the first three games of a best of seven series and won the next four games to claim the Mann Cup. Over the next six years, Brooklin would continue to be in the Mann Cup final winning the cup in 1987,1988 and 1990. The Brooklin Redmen, guided by Peter Vipond, a person known for his innovative coaching style and great interpersonal motivating skills, dominated eastern lacrosse during the late eighties. This team won a record 84 straight wins from 1986 to 1989.
Peter continued coaching in the nineties and was successful again in 2000 helping the Brooklin Redmen to win another Mann Cup. He has spent most of his lifetime supporting and promoting lacrosse as a player and a coach. In 2004, Peter was recognized for his effort being inducted into the Ontario Lacrosse Hall of Fame. Vipond continues to be involved in lacrosse today.
He is currently the head coach of the Ottawa Titans Junior A team.