| Title | Director | Cast | Genre | Notes |
| Alias Will James | Jacques Godbout | Will James | National Film Board documentary | Music by Robert M. Lepage & Ian Tyson |
| American Gothic | John Hough | | Horror | |
| Apprentice to Murder | Ralph L. Thomas | | Thriller | |
| Backfire | Gilbert Cates | | Thriller | |
| The Box of Sun (La boite à soleil) | Jean Pierre Lefebvre | | Drama | |
| The Brain | Ed Hunt | Cyndy Preston, George Buza | Horror | |
| Bruce and Pepper Wayne Gacy's Home Movies | Bruce LaBruce | | Short | |
| Calling the Shots | Holly Dale & Janis Cole | Includes Agnès Varda, Amy Heckling, Martha Coolidge, Jeanne Moreau | Documentary | |
| Candy Mountain | Robert Frank | Kevin J. O'Connor, Tom Waits, Bulle Ogier | Drama | Canada-France-Switzerland co-production |
| The Carpenter | David Wellington | Wings Hauser | Slasher film | |
| The Cat Came Back | Cordell Barker | | National Film Board animated short | Genie Award – Animated Short; Academy Award nominee – Animated Short |
| Clair Obscur | Bashar Shbib | | Drama | |
| Comic Book Confidential | Ron Mann | with Jack Kirby, Will Eisner, Robert Crumb | Documentary | Script by Ron Mann & bp Nichol; Genie Award - Feature documentary |
| Cowboys Don't Cry | Anne Wheeler | Ron White, Zachary Ansley, Janet-Laine Green, Rebecca Jenkins | Drama | Genie Award - Song |
| Dead Ringers | David Cronenberg | Jeremy Irons, Geneviève Bujold, Shirley Douglas, Stephen Lack, Heidi Von Palleske | Drama | Made with U.S. financing |
| Finding Mary March | Ken Pittman | Richard Boland, Jacinta Cormier | Historical drama | |
| Gaspard and Son (Gaspard et fil$) | François Labonté | Jacques Godin, Gaston Lepage, Monique Miller | Comedy | |
| Glory Enough for All | Eric Till | | Historical drama | |
| God Bless the Child | Larry Elikann | | Drama | |
| Growing Up in America | Morley Markson | | Documentary | |
| The Heat Line (La ligne de chaleur) | Hubert-Yves Rose | Gabriel Arcand, Gerard Parkes | Drama | |
| Inside/Out | Lori Spring | Emma Richler, Jackie Burroughs | Short drama | |
| Into the Fire | Graeme Campbell | Susan Anspach, Art Hindle | Thriller | |
| Iron Eagle II | Sidney J. Furie | Louis Gossett Jr., Mark Humphrey, Stuart Margolin, Alan Scarfe, Maury Chaykin, Colm Feore | Action adventure | Canada-Israel co-production |
| Kalamazoo | André Forcier | Rémy Girard, Marie Tifo, Tony Nardi | Drama | |
| The Kiss | Pen Densham | Joanna Pacula, Meredith Salenger, Mimi Kuzyk | Horror | Made with U.S. financing |
| Malarek | Roger Cardinal | Elias Koteas, Kerrie Keane, Al Waxman, Daniel Pilon | Drama | |
| Martha, Ruth and Edie | Norma Bailey, Deepa Mehta, Danièle J. Suissa | Jennifer Dale, Andrea Martin, Lois Maxwell, Margaret Langrick | Drama | |
| Milk and Honey | Glen Salzman & Rebecca Yates | Josette Simon, Lyman Ward, Fiona Reid, Tom Butler | Drama | Genie Award – Screenplay; Canada-U.K. co-production |
| The Mills of Power (Les Tisserands du pouvoir) | Claude Fournier | | Historical drama | Two-part film which received brief theatrical distribution before airing as a television miniseries in 1989 (French) and 1990 (English) |
| The Mysterious Moon Men of Canada | Colin Brunton | Gerry Quigley | Short | Genie Award – Live-Action Short |
| Office Party | George Mihalka | David Warner, Michael Ironside, Kate Vernon, Jayne Eastwood | Thriller | |
| The Outside Chance of Maximilian Glick | Allan Goldstein | Noam Zylberman, Saul Rubinek, Jan Rubeš, Fairuza Balk, Aaron Schwartz, Susan Rubeš | Coming-of-age drama | Toronto Festival of Festivals – Best Canadian Feature |
| Palais Royale | Martin Lavut | Kim Cattrall, Matt Craven, Kim Coates, Dean Stockwell | Crime drama | |
| Pin | Sandor Stern | David Hewlett, Cyndy Preston, John Pyper-Ferguson | Horror | |
| Pissoir | John Greyson | Paul Bettis, Pauline Carey | Experimental gay feature | Berlin Film Festival – Teddy Award |
| The Revolving Doors (Les Portes tournantes) | Francis Mankiewicz | Monique Spaziani, Gabriel Arcand, Miou-Miou, François Méthé, Rémy Girard | Drama | Canada-France co-production |
| A Rustling of Leaves: Inside the Philippine Revolution | Nettie Wild | | Documentary | |
| Shadow Dancing | Lewis Furey | Nadine van der Velde, Christopher Plummer, James Kee, John Colicos | Gothic mystery/dance | |
| Something About Love | Tom Berry | Stefan Wodoslawsky, Jan Rubeš, Jennifer Dale, Ron James | Drama | |
| The Squamish Five | Paul Donovan | Nicky Guadagni, Michael McManus, Robyn Stevan, Albert Schultz | Docudrama | |
| Straight for the Heart (À corps perdu) | Léa Pool | Matthias Habich, Johanne-Marie Tremblay, Michel Voïta, Jean-François Pichette | Drama | Canada-Switzerland co-production |
| The Tadpole and the Whale (La grenouille et la baleine) | Jean-Claude Lord | Fanny Lauzier, Denis Forest, Marina Orsini, Félix-Antoine Leroux, Jean Lajeunesse | Children's film | From the Tales for All series; Golden Reel Award |
| Tales from the Gimli Hospital | Guy Maddin | Kyle McCulloch | Drama | Guy Maddin's first feature |
| Tenderfoot (Le Pied tendre) | Roger Boire | Massimo Agostinelli, Mario Bertrand, Andréa Davidson | Short drama/dance | |
| Tommy Tricker and the Stamp Traveller | Michael Rubbo | Lucas Evans, Anthony Rogers | Children's film | From the Tales for All series |
| The Understudy: Graveyard Shift II | Jerry Ciccoritti | | Horror | Direct to video |
| Watchers | Jon Hess | Corey Haim, Michael Ironside, Barbara Williams, Lala Sloatman | Horror | |
| Witnesses: The Untold War in Afghanistan | Martyn Burke | | Documentary | |
| The World Is Watching | Peter Raymont | Peter Jennings, Ted Koppel | Documentary | Genie Award - Short documentary |
| You're Beautiful, Jeanne (T'es belle, Jeanne) | Robert Ménard | Marie Tifo, Michel Côté, Pierre Curzi | Drama | |
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