| Title | Director | Cast | Genre | Notes |
| Archangel | Guy Maddin | Kyle McCulloch, Kathy Marykuca, Ari Cohen | Drama | National Society of Film Critics – Best Experimental Film |
| Au chic resto pop | Tahani Rached | | National Film Board documentary | |
| Basil Hears a Noise | Wayne Moss | Kevin Clash, Tim Gosley, Robert Mills, Pier Paquette | Short film, Children's film | |
| Beautiful Dreamers | John Kent Harrison | Colm Feore, Rip Torn, Wendel Meldrum, Sheila McCarthy | Historical drama | |
| Between Two Worlds | Barry Greenwald | Joseph Idlout | National Film Board documentary | Follow up to the 1952 documentary Land of the Long Day |
| Bethune: The Making of a Hero | Phillip Borsos | Donald Sutherland, Helen Mirren, Helen Shaver, Colm Feore, James Pax, Guo Da | Historical bio-drama about Dr. Norman Bethune | Genie Award – Costumes; first Canadian feature to be filmed in China; a Canada-France-China co-production based on a script by Ted Allan |
| A Bullet in the Head | Attila Bertalan | Kathy Horner | Drama | |
| The Burning Times | Donna Read | | National Film Board documentary | Sequel to Goddess Remembered |
| Cargo | François Girard | Geneviève Rioux, Michel Dumont, Guy Thauvette | Drama | |
| The Company of Strangers | Cynthia Scott | Mary Meigs, Michelle Sweeney | Docufiction | U.S. release: Strangers in Good Company |
| Dark City | Chris Curling | Chris Curling | Murder mystery | Festival screenings only |
| Defy Gravity | Michael Gibson | R. H. Thomson, Chapelle Jaffe, Simon Reynolds, Tracey Moore | Drama | |
| Ding et Dong, le film | Alain Chartrand | Claude Meunier, Serge Thériault | Comedy | Golden Reel Award |
| Divided Loyalties | Mario Azzopardi | Jack Langedijk, Tantoo Cardinal | Historical drama | |
| Edsville | Alan Marr | Stuart Clow, Kathleen Laskey | Horror comedy | |
| Eminent Domain | John Irvin | Donald Sutherland, Anne Archer | Drama | Canada-France-Israel co-production |
| Falling Over Backwards | Mort Ransen | Saul Rubinek, Paul Soles | National Film Board drama | |
| The Famine Within | Katherine Gilday | | Documentary | Genie Award – Feature Documentary |
| Five Feminist Minutes | Various | | Short film compilation | |
| Flesh Gordon Meets the Cosmic Cheerleaders | Howard Ziehm | Vince Murdocco | Sci-fi exploitation | Direct to video |
| The Flying Sneaker | Bretislav Pojar | Ludek Navratil | Children's film | From the Tales for All series; Canada-Czechoslovakia. co-production |
| The Gate II: Trespassers | Tibor Takács | Louis Tripp, Pamela Segall, James Villemaire | Drama | |
| Getting Married in Buffalo Jump | Eric Till | Wendy Crewson, Paul Gross | Drama | |
| The Grifters | Stephen Frears | John Cusack, Anjelica Huston, Annette Bening | Neo-noir crime thriller | |
| H | Darrell Wasyk | Pascale Montpetit, Martin Neufeld | Drama | Genie Award for Best Actress, Pascale Montpetit |
| Hotel Chronicles | Léa Pool | | Documentary | |
| An Imaginary Tale (Une histoire inventée) | André Forcier | Jean Lapointe, Louise Marleau, Charlotte Laurier, Marc Messier, Tony Nardi | Drama | |
| In Search of the Edge | Scott Barrie | | Short documentary | |
| Internal Affairs | Mike Figgis | Richard Gere, Andy García, Nancy Travis, Laurie Metcalf, Richard Bradford, William Baldwin | Crime thriller | |
| The Little Kidnappers | Don Shebib | Bruce Greenwood, Leah Pinsent, Charlton Heston | Family Drama | Banff World Media Festival Rockie Awards |
| Mob Story | Gabriel Markiw and Jancarlo Markiw | John Vernon, Kate Vernon, Al Waxman | Crime drama | |
| The Moving Statue (La Liberté d'une statue) | Olivier Asselin | | Experimental | |
| Moody Beach | Richard Roy | Michel Côté, Claire Nebout | Drama | |
| Mr. & Mrs. Bridge | James Ivory | Paul Newman, Joanne Woodward, Blythe Danner, Simon Callow, Kyra Sedgwick, Robert Sean Leonard | Drama | British-American-Canadian co-production |
| Musicians in Exile | Jacques Holender | | Drama | |
| The Night of the Visitor (La nuit du visiteur) | Laurent Gagliardi | Macha Grenon, Luce Guilbeault, Maka Kotto | Short drama | |
| Nightbreed | Clive Barker | Craig Sheffer, Anne Bobby, David Cronenberg, Charles Haid | Dark fantasy horror | |
| No Apologies | Ken Pittman | | Drama | |
| The Nutcracker Prince | Paul Schibli | voices Kiefer Sutherland, Megan Follows | Animated feature | |
| The Party (Le Party) | Pierre Falardeau | Lou Babin, Julien Poulin, Luc Proulx, Michel Forget, Gildor Roy | Prison drama | |
| Perfectly Normal | Yves Simoneau | Robbie Coltrane, Michael Riley, Kenneth Welsh | Comedy | |
| Princes in Exile | Giles Walker | Zachary Ansley, Stacie Mistysyn | Drama | |
| Prom Night III: The Last Kiss | Ron Oliver | Tim Conlon, Cyndy Preston, David Stratton | Slasher film | |
| Pump Up the Volume | Allan Moyle | Christian Slater, Scott Paulin, Ellen Greene, Samantha Mathis | Coming-of-age teen comedy-drama | |
| Snake Eater II: The Drug Buster | George Erschbamer | Lorenzo Lamas, Ron Palillo | Action | |
| Songololo: Voices of Change | Marianne Kaplan | Gcina Mhlophe, Mzwakhe Mbuli | Documentary | |
| The Star Turn | Nelu Ghiran | Nigel Bennett, Joe-Norman Shaw | Short drama | |
| Strand: Under the Dark Cloth | John Walker | with Georgia O'Keeffe, Cesare Zavattini, Paul Strand | Documentary | About the art and life of American photographer Paul Strand |
| Terminal City Ricochet | Zale Dalen | Peter Breck, Germain Houde, Jello Biafra | Drama | Direct to DVD |
| Too Close for Comfort | Peg Campbell | Stephen Fanning, Peter Stebbings | Short docudrama | |
| Understanding Bliss | William D. MacGillivray | Catherine Grant, Rick Mercer | Drama | |
| Vincent and Me | Michael Rubbo | Tchéky Karyo, Nina Petronzio, Christopher Forrest | Family film | From the Tales for All series; Canada-France co-production |
| White Room | Patricia Rozema | Kate Nelligan, Maurice Godin, Margot Kidder, Sheila McCarthy | Drama | |