Absolutely!
Here’s the LIS listing in DOAJ: http://www.doaj.org/doaj?func=subject&cpid=129 (100 journals as of today)
American/Canadian LIS OA journals that I know of include:
(PR = peer-reviewed)
Code4Lib: http://journal.code4lib.org/
Collaborative Librarianship (PR): http://www.collaborativelibrarianship.org/
Communications in Information Literacy (PR): http://www.comminfolit.org
CRL News: http://crln.acrl.org/
D-Lib Magazine: http://www.dlib.org/
Electronic Journal of Academic and Special Librarianship (PR): http://southernlibrarianship.icaap.org/
Evidence Based Library and Information Practice (PR): http://ejournals.library.ualberta.ca/index.php/EBLIP
Issues in Science and Technology Librarianship (PR): http://www.istl.org/
Journal of Electronic Publishing (PR): http://www.journalofelectronicpublishing.org/
Library Philosophy and Practice (PR): http://www.webpages.uidaho.edu/~mbolin/lpp.htm
Library Student Journal (PR): http://www.librarystudentjournal.org/
Practical Academic Librarianship (PR): http://journals.tdl.org/pal
And of course, CUNY’s own Urban Library Journal (PR): http://lacuny.org/ulj/