ScotiaBank To Bail Out Giller Prize

“The Bank of Nova Scotia is preparing to unveil itself as the financial saviour of the Giller Prize, cementing Bay Street’s growing reputation as the deep-pocketed patron of the national arts community… The prize pays $25,000 to the best novel or collection of short stories written in English, but the cost of staging the extravagant black-tie event is said to be several times that amount.”