The Canadian Folk Music Award is an annual event that celebrates the achievements of artists in the Canadian folk music scene. Established in 2005, the awards recognize excellence in various categories, including Best Traditional Album and Best Contemporary Album. The event highlights the diversity and richness of folk music across Canada. Winners are selected by a panel of judges, and the awards ceremony typically features live performances from nominated artists. The Canadian Folk Music Awards aim to promote folk music and its artists, fostering a greater appreciation for this genre within the broader Canadian music landscape.