| Pos | Team | Pld | W | L | T | PF | PA | PD | Pts |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Toronto Argonauts (C, Q) | 18 | 15 | 3 | 0 | 660 | 327 | +333 | 30 |
| 2 | Montreal Alouettes (Q) | 18 | 13 | 5 | 0 | 509 | 532 | −23 | 26 |
| 3 | Winnipeg Blue Bombers | 18 | 4 | 14 | 0 | 443 | 548 | −105 | 8 |
| 4 | Hamilton Tiger-Cats | 18 | 2 | 16 | 0 | 362 | 549 | −187 | 4 |
Source: "1997 Regular Season Standings". Canadian Football League. Archived from the original on 2008-10-29. Retrieved 2011-05-07.
(C) First round bye; (Q) Qualified for playoffs
(C) First round bye; (Q) Qualified for playoffs