A mechanism is described for facilitating context-based cancellation and amplification of acoustical signals in acoustical environments according to one embodiment. An apparatus of embodiments, as described herein, includes detection and recognition logic to detect an acoustical signal being emitted by an acoustical signal source; evaluation, estimation, and footprint logic to classify the acoustical signal as an emergency acoustical signal or a non-emergency acoustical signal, wherein the classification is based on a footprint or a footprint identification (ID) associated with the acoustical signal; acoustical signal cancellation logic to cancel the acoustical signal if the acoustical signal is regarded as the non-emergency acoustical signal based on the footprint or the footprint ID; and acoustical signal amplification logic to amplify the acoustical signal if the acoustical signal is classified as the emergency acoustical signal based on the footprint or the footprint ID.