The Jutra Awards will air on Radio-Canada at 7:30 p.m. ET.
Xavier Dolan's Laurence Anyways and Rebelle/War Witch from Montreal director Kim Nguyen — which was nominated for best foreign film at the Academy Awards — are going head-to-head for best picture. Roméo Onze,Inch'Allah and Camion are also nominated in the category.
The award show will be going full circle as it brings back its first host, Rémy Girard, who hosted in 1999.
The ceremony will also pay tribute to veteran actor Michel Côté, who began his career in 1983 and performed in more than 20 movies.
Omertà, by Luc Dionne, will be awarded the Jutra for the movie which sold the most tickets in 2012.
The Quebec film industry had a poor year for tickets sales last year, with many critics blaming the shortfall on the increasing popularity of Imax films, 3D movies and the ease of online movie renting.
Last December, Mediafilm.ca's editor-in-chief, Martin Bilodeau, said American films were taking over.
"The American movies are taking about 70 to 75 per cent of the space in theatres and are often in 3D," he said.