Vallée's next film, Demolition (2015), starred Jake Gyllenhaal and Naomi Watts, and opened the Toronto International Film Festival in September 2015.
In May 2015, Vallée received the National Arts Centre Award, a companion award of the Governor General's Performing Arts Awards, given to an artist in recognition of work of an extraordinary nature over the previous performance year. The film was nominated for two Academy Awards, Best Actress for Reese Witherspoon, and Best Supporting Actress for Laura Dern.