It is presented by the Canadian Academy of Recording Arts and Sciences (CARAS).
The five nominees in the category are decided through a combination of sales and CARAS member voting, and the recipient is chosen from among these nominees by member voting.
Blue Rodeo's 13 total nominations is slightly edged out by the 14 garnered by hard rock and progressive rock band Rush, including a record eight consecutive nominations from 1977 to 1984.
The next were electronic dance music groups A Tribe Called Red in 2018 and Loud Luxury in 2020.
In 2014, Tegan and Sara became the first all-female band and the first duo to win this award.