The biennial MOCA Award in Contemporary Art is a $25,000 cash prize established by the Museum of Contemporary Art Toronto Canada in 2007 to honour a Canadian in the field for innovation, accomplishment, contribution over time, or for a specific project that has national or international significance. Eligibility extends to artists, curators, administrators, writers, educators, gallerists, patrons, philanthropists, advocates, and other professionals.

Proceeds from the Award event directly support the exhibitions and programming activities at the Museum of Contemporary Art Toronto Canada.