The Giller Foundation, which administers Canada's most lucrative literary prize for fiction, has ended its partnership with Scotiabank after decades of collaboration. The foundation expressed gratitude for Scotiabank's support but revealed plans to explore new opportunities and collaborations.
Elana Rabinovitch, executive director of the Giller Foundation, which awards the Giller Prize, says the foundation has ended its partnership with Scotiabank.The Giller Foundation and Scotiabank have ended their decades-long partnership, the organization shared in an exclusive statement to The Globe and Mail on Monday morning.
Elana Rabinovitch, executive director of the Giller Foundation, praised the bank for its “exceptional commitment over the past two decades,” in the statement, adding that the Giller Foundation looks to “build on that legacy” as it enters this next chapter of advocacy for Canadian writing. The Giller Prize has been under fire since late 2023, when protesters stormed the stage at its annual gala with signs that read “Scotiabank Funds Genocide.” Scotiabank subsidiary 1832 Asset Management was at that point the biggest international investor in Elbit Systems Ltd., Israel’s most prominent publicly traded arms company.
More than three dozen eligible authors withdrew their latest books for consideration for the 2024 Giller Prize. Alongside eight past nominees and winners, they called on the Giller Foundationto cut ties with numerous other organizations “who are directly invested in Israel’s occupation of Palestine.” Prize juror Dinaw Mengestu said that day that he would leave the jury.
GILLER PRIZE SCOTIABANK PARTNERSHIP LITERARY AWARDS CANADIAN LITERATURE
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