The 20th Toronto Film Critics Association Awards, honoring the best in film for 2016, were awarded on December 11, 2016,^[1] with the exception of the award for Best Canadian Film, which was presented on January 10, 2017.^[2]

The winner of the award for Best Canadian Film was Hugh Gibson for his documentary film The Stairs.^[2] Gibson received a prize of $100,000, with runners-up Kazik Radwanski and Matt Johnson each awarded $5,000.^[2] Unusually, however, the three directors revealed that they had agreed to pool the entire $110,000 in prize money, and split it equally among all three regardless of which film won.^[3]