The 16th Toronto Film Critics Association Awards, honoring the best in film for 2012, were given on December 18, 2012.^[4][5][6]

Through a naming rights sponsorship with Rogers the Best Canadian Film Award prize money was raised to C$100,000 from $15,000 in 2010 and $10,000 prior to that, while the two runners-up took $5,000 each. It is now the largest film prize in Canada.^[7][8]

• Best Actor:
  • Denis Lavant – Holy Motors

Runners-Up: Daniel Day-Lewis – Lincoln and Joaquin Phoenix – The Master

• Best Actress:
  • Rachel Weisz – The Deep Blue Sea

Runners-Up: Jessica Chastain – Zero Dark Thirty and Emmanuelle Riva – Amour

• Best Animated Film:
  • ParaNorman

Runners-Up: Brave and Frankenweenie

• Best Director:
  • Paul Thomas Anderson – The Master

Runners-Up: Kathryn Bigelow – Zero Dark Thirty and Leos Carax – Holy Motors

• Best Documentary Film:
  • Stories We Tell

Runners-Up: The Queen of Versailles and Searching for Sugar Man

• Best Film:
  • The Master

Runners-Up: Amour and Zero Dark Thirty

• Best First Feature (tie):
  • Beasts of the Southern Wild
  • Beyond the Black Rainbow

Runner-Up: The Cabin in the Woods

• Best Foreign Language Film:
  • Amour • Austria/France/Germany

Runners-Up: Holy Motors • France/Germany and Tabu • Portugal

• Best Screenplay:
  • The Master – Paul Thomas Anderson

Runners-Up: Lincoln – Tony Kushner and Zero Dark Thirty – Mark Boal

• Best Supporting Actor:
  • Philip Seymour Hoffman – The Master

Runners-Up: Javier Bardem – Skyfall and Tommy Lee Jones – Lincoln

• Best Supporting Actress:
  • Gina Gershon – Killer Joe

Runners-Up: Amy Adams – The Master, Ann Dowd – Compliance and Anne Hathaway – Les Misérables

• Rogers Canadian Film Award:^[9]
  • Sarah Polley - Stories We Tell.^[10]

Runners-Up: Denis Côté - Bestiaire, Michael Dowse -Goon