| Position | Player | Team |
|---|---|---|
| QB | Bob Coulter | TOR |
| HB | Tony Golab | OTT |
| HB | Gord Noseworthy | MTL |
| HB (secondary defence) | Sammy Sward | OTT |
| FW | Andy Tommy, Sr. | OTT |
| SN | Doug “Suze” Turner | HAM |
| IW | George Fraser | OTT |
| IW | Len Staughton | TOR |
| MW | Dave Sprague | OTT |
| MW | Bernard “Bunny” Wadsworth | OTT |
| OW | Ed Burton | MTL |
| OW | Bernie Thornton | TOR |
* – indicates unanimous selection
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| Player | Season | Division Selection |
|---|---|---|
| Burton, Ed | 1st | 1st |
| Coulter, Bob | 2nd | 2nd |
| Fraser, George | 10th | 2nd |
| Golab, Tony | 2nd | 2nd |
| Noseworthy, Gord | 3rd | 1st |
| Sprague, Dave | 11th | 6th |
| Staughton, Len | 11th | 2nd |
| Sward, Sammy | 2nd | 1st |
| Thornton, Bernie | 7th | 3rd |
| Tommy, Andy Sr. | 8th | 2nd |
| Turner, Doug “Suze” | 1st | 1st |
| Wadsworth, Bernard “Bunny” | 7th | 3rd |
Number of times player, through 1940, has been selected to First Team Division All-Star teams. Named to divisional team on offense and defense counts as two selections.
Note: All-Canadian selections began in 1962, division selections began in 1932 (IRFU) and 1937 (WIFU).
| Team | Division Selections |
|---|---|
| Ottawa RedBlacks | 6 |
| Toronto Argonauts | 3 |
| Montreal Hornets | 2 |
| Hamilton Tiger-Cats | 1 |