One solution using flowfram
:

\documentclass[a5paper]{article}
\usepackage[latin]{babel}
\usepackage[margin=1cm,bmargin=2cm,paperheight=9cm]{geometry}
\usepackage{flowfram}
\newflowframe*[all]{.47\textwidth}{\textheight}{0em}{0em}[colA]
\newflowframe*[all]{.47\textwidth}{\textheight}{.51\textwidth}{0em}[colB]
\usepackage{lipsum}
\begin{document}
\lipsum[1-10]
\end{document}
Another (quite different) with tcolorbox
, that could more convenient if you want more than a simple frame:
\documentclass[a5paper,twocolumn]{article}
\usepackage[latin]{babel}
\usepackage[margin=1cm,bmargin=2cm,paperheight=9cm]{geometry}
\usepackage{tcolorbox}
\tcbuselibrary{breakable}
\usepackage{lipsum}
\begin{document}
\begin{tcolorbox}[breakable,
colback=white, colframe=black,
sharp corners,boxsep=0pt]
\lipsum[1-10]
\end{tcolorbox}
\end{document}
\fancypage
does use the whole page, it does not care about the two columns – user31729 Jan 30 '17 at 23:42