Polarimetric Synthetic Aperture Radar (PolSAR) imagery is a complex multi-dimensional dataset, which is an important source of information for various natural resources and environmental classification and monitoring applications. PolSAR imagery produces valuable information by observing scattering mechanisms from different natural and man-made objects. Land cover mapping using PolSAR data classification is one of the most important applications of SAR remote sensing earth observations, which have gained increasing attention in the recent years. However, one of the most challenging aspects of classification is selecting features with maximum discrimination capability. To address this challenge, a statistical approach based on the Fisher Linear Discriminant Analysis (FLDA) and the incorporation of physical interpretation of PolSAR data into classification is proposed in this paper. After pre-processing of PolSAR data, including the speckle reduction, the H/α classification is used in order to classify the basic scattering mechanisms. Then, a new method for feature weighting, based on the fusion of FLDA and physical interpretation, is implemented. This method proves to increase the classification accuracy as well as increasing between-class discrimination in the final Wishart classification. The proposed method was applied to a full polarimetric C-band RADARSAT-2 data set from Avalon area, Newfoundland and Labrador, Canada. This imagery has been acquired in June 2015, and covers various types of wetlands including bogs, fens, marshes and shallow water. The results were compared with the standard Wishart classification, and an improvement of about 20% was achieved in the overall accuracy. This method provides an opportunity for operational wetland classification in northern latitude with high accuracy using only SAR polarimetric data.