1978 Grey Cup Most Valuable Players
- Grey Cup Most Valuable Offensive Player — Tom Wilkinson (EDM)
- Grey Cup Most Valuable Defensive Player — Dave Fennell (EDM)
- Grey Cup Most Valuable Canadian Player — Angelo Santucci (EDM)
1978 Most Outstanding Players
- Player — Tony Gabriel (OTT)
- Defensive Player — Dave Fennell (EDM)
- Offensive Lineman — Jim Coode (OTT)
- Canadian Player — Tony Gabriel (OTT)
- Rookie — Joe Poplawski (WPG)
Other 1978 Awards
- Tom Pate Memorial Award — John Helton (CGY)