People aren't just watching for who will win the top honours in movies tonight, they will also have their eyes on the red carpet outfits.
Saskatchewan fashion designer Dean Renwick was on CBC's Saskatchewan Weekend to share his thoughts on Oscar fashion.
Renwick said when going into the Oscars, it's important to remember that each awards show is completely different, so it's hard to say how the fashion will unfold based on the shows that came before.
"You dress accordingly for each award show," Renwick said.
Still, Renwick's hunch is that this year the style will be pretty classic without a lot of shocking pieces.
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This actor always comes in stunning, according to Renwick. Blanchett is nominated for Best Actress for her role in Carol.
"I'm sure she's going to be wearing Armani as always. They dress her to a T," he said.
Lawrence is nominated for Best Actress for her role in Joy.
Lawrence will be wearing Dior because she has a contract with them, but Renwick said the interesting thing will be the style of the outfit, as Dior is currently without a creative director.
"The staff that work there are actually the ones that designed the line," he said, adding he'll be watching to see if they pull out all the stops to make her stunning.
Rampling is someone Renwick said he's excited to see on the red carpet. She's back as a nominee for Best Actress for her role in 45 years after a long absence.
"She hasn't been on a red carpet in a long time. She doesn't bow down to designers or trends either, so I think it's going to be very interesting to see what she wears and who she wears," Renwick said.