Weston Foundation Gives C$4M to Rescue Giller Prize After Scotiabank Split

The Giller Prize, Canada's top literary award, has secured long-term funding from the Hilary and Galen Weston Foundation, which has made a C$4 million donation to support the prize and its associated programs. This follows a C$1 million bridge funding provided by the same foundation earlier, after the prize broke ties with its longtime sponsor Scotiabank in early 2025. The initial split left the Giller Prize without the means to sustain its C$100,000 award and other initiatives. The Weston Foundation's new commitment ensures the continuation of the prize, which is a significant cultural institution in Canada. The announcement was made via The Canadian Press, as reported on MSN. The Giller Prize, established in 1994, is one of the most prestigious literary awards in Canada, and its survival is crucial for the country's literary community. The foundation's support underscores the importance of private philanthropy in sustaining cultural awards.