The Canadian Music Hall of Fame was established in 1978 by the Canadian Academy of Recording Arts and Sciences (CARAS) to honour Canadian musicians for their lifetime achievements in music. The award presentation is held each year as part of the Juno Award ceremonies. Since 2012, the inductee also performs at the ceremony, almost always as the final performer.

The Juno Awards, or simply known as the Junos, are awards presented by the Canadian Academy of Recording Arts and Sciences to recognize outstanding achievements in Canada's music industry. They were originally called the Gold Leaf Awards, and the trophy resembled a metronome. Alongside the Canadian Screen Awards, they are considered one of the main annual Canadian entertainment award shows. The first Juno Awards ceremony was held on February 23, 1970 to honour the musical accomplishments of performers for the year 1969. New members of the Canadian Music Hall of Fame are also inducted as part of the awards ceremonies.