Arcade Fire performs their song "Rococo" during the Juno Awards show.Peter Power/The Globe and Mail
Arcade Fire has won the $30,000 Polaris Music Prize, the latest accolade for the band's celebrated third album, The Suburbs.
The Montreal band already swept album-of-the-year honours at the Juno, Grammy and Brit Awards with the disc, which opened at No. 1 on the Billboard chart in Canada, the United States and Britain.
Other nominees for the Polaris prize included Toronto singer/songwriter Ron Sexsmith, Hey Rosetta of St. John's and Montreal rockers Galaxie.
The Polaris is awarded to the best Canadian album of the previous year based on artistic merit, not sales.
The 10-album list of finalists was based on the voting of more than 200 music journalists, bloggers and broadcasters, and the winner was chosen by an 11-person grand jury of music critics.
Past winners include Caribou, Final Fantasy and Patrick Watson.