I guess it depends what your use is but this is what I found.
Firstly I use mine for weddings and indoor events mainly. Great in low light, built like a tank, quick and accurate focus. Sharp at f2.8, very sharp when stopped f4.
Interchangeable with my 5DII as a 16m f2.8 prime, still sharp.
Cheaper than the Canon, but much harder to get hold of.
The bad, its much heavier and it tends to flair easier than the Canon. You can get use to this and a well placed hand or hat can help stop this.
Canon also has better range, faster zoom, but almost nothing in it.
Summary. If your indoors and want to switch between crop & ff go with the Tokina
If you are sticking to crop and only do outdoor landscapes or people in good light then the Canon.
Hope this helps
5DII Gripped, 7D Gripped, Canon 60D, Tokina 11-16 f2.8, Canon 17-55 f2.8, Tokina 50-135 f2.8, Canon 24-70 f2.8 L, Canon 24-105 L f4, Canon 70-200 f4 L IS, Canon 70-200 f2.8 L IS, Canon 100-400 f4.5-5.6 L, Canon EF 100 L Macro f2.8, Canon 50mm f1.4, Canon 1.4tc mkii, Speedlite 580ii, 2x Speedlite 430ii, Monfrotto tripods