- Recipient of the Royal Canadian Academy of the Arts Award.
- Received the Academy of Canadian Film and Television's Award for "Outstanding Contribution to the Business of Filmmaking".
- Inducted into the Canadian Film and Television Hall of Fame in 2008.
- Recipient of the Ryerson University J. Stuart MacKay Communicator of the Year Award.
- Robert Lantos holds an honourary doctorate from McGill University.
- Member of jury at the Mar del Plata International Film Festival in 2005
- He visited Argentina to a member of the jury in Mar del Plata International Film Festival 2005. (March 2005)
- Recipient of the University of Toronto Arbor Award.
- Recipient of the Toronto Arts Award.
- Canadian Film and Television Producers Association Award for "Entrepreneurial Excellence".
- Recipient of The Queen's Diamond Jubilee medal.
- Has over the decades been praised for championing Canadian cinema and the right of Canadians to have their own personal cinema culture. However, he has also received criticism for the fact that most of the films he has produced and financed do not have anything distinctly Canadian about them, such as Canadian characters, Canadian settings, and Canadian themes.
- Has referred Canadians who favor American commercial films as, "popcorn-munching teens".
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