Arcade Fire, Drake, Owen Pallett and 38 other Canadian artists will find out if they've made the cut today when the 2014 Polaris Music Prize shortlist is released in Toronto.

The 40-album longlist came out last month pitting commercial successes, like Drake's Nothing Was The Same and Arcade Fire's Reflektor against indie offerings like Rae Spoon's My Prairie Home and Odonis Odonis' Hard Boiled Soft Boiled.

Here's the full longlist of this year's potential Polaris winners, chosen solely on artistic merit:

Arcade Fire, Reflektor

AroarA, In The Pines

Austra, Olympia

BADBADNOTGOOD, III

Basia Bulat, Tall Tall Shadow

Bry Webb, Free Will

Chad VanGaalen, Shrink Dust

Chromeo, White Woman

Cousins, The Halls of Wickwire

Cowboy Junkies/Various Artists, The Kennedy Suite

Dead Obies, Montréal Sud

DIANA, Perpetual Surrender

Drake, Nothing Was the Same

Freedom Writers, Now

Fresh Snow, I

Frog Eyes, Carey's Cold Spring

Gorguts, Colored Sands

Greg MacPherson, Fireball

Jessy Lanza, Pull My Hair Back

Jimmy Hunt, Maladie d'amour

Kalle Mattson, Someday, The Moon Will Be Gold

Mac DeMarco, Salad Days

Moonface, Julia With Blue Jeans On

Mounties, Thrash Rock Legacy

Odonis Odonis, Hard Boiled Soft Boiled

Owen Pallett, In Conflict

Philippe B, Ornithologie, la nuit

Pink Mountaintops, Get Back

PUP, PUP

Rae Spoon, My Prairie Home

Shad, Flying Colours

Shooting Guns, Brotherhood of the Ram

Solids, Blame Confusion

Tanya Tagaq, Animism

The Darcys, Warring

The Sadies, Internal Sounds

The Strumbellas, We Still Move On Dance Floors

Thus Owls, Turning Rocks

Tim Hecker, Virgins

Timber Timbre, Hot Dreams

YAMANTAKA//SONIC TITAN, UZU

The nation-wide jury of journalists and industry experts will slash this list two more times with the $30,000 prize handed out in a gala in Toronto on September 22.

Past winners have included Feist, Patrick Watson and Godspeed You! Black Emperor.