Nixon has been awarded the Order of Canada and the Order of Ontario and is an inductee into the Canadian Business Hall of Fame. He is a recipient of Canada's Outstanding CEO of the Year Award, the Canadian Business Leader Award, and has been included on both Barron's list of the World's Best CEO's and Bloomberg's list of the World's Most Influential People. Nixon is an Honouree of the Public Policy Forum and is a recipient of the CIJA/UJA Words and Deeds Leadership Award, the Rotary Foundation's Paul Harris Fellowship, the Queen's Golden Jubilee and Diamond Jubilee Medals, a Learning Partnership Champion of Public Education Tribute and an American Banker Innovator of the Year Award.