Some 800 guests including MPs, senators and other dignitaries attended the Ottawa function at Parliament Hill.
"This bodes well for the film's career," said Carolle Brabant, executive director of Telefilm Canada.
"This double triumph shows that Breakaway has all it takes to delight audiences, including a fantastic storyline that revolves around hockey - a passion of Canadians - as well as outstanding actors, among them the excellent Vinay Virmani, who co-wrote the movie and stars in the lead role."
The Indian-Canadian project, which is known in some territories as Speedy Singhs, tackles the issue of cultural integration, revolving around a young Sikh-Canadian man's dreams of becoming a hockey star.
Virmani said: "This film is like our great country, it celebrates our differences as well as reflecting the Canadian immigrant story, in an entertaining way that is moving audiences all over the world.
"I truly believe this film only could have been in Canada. The way this country supports its arts and young filmmakers is truly remarkable."
The cast of Breakaway - which includes Rob Lowe, Russell Peters, Camilla Belle and Anupam Kher - recently launched the film at an event in the UK.
Watch the trailer for Breakaway below: