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Weston Foundation Pledges $4 Million to Secure Giller Prize

This gift intends to stabilize the prize's finances by funding expanded year‑round programs to help preserve the award's place in Canadian literature.

Overview

  • The Giller Foundation announced Monday that the Hilary and Galen Weston Foundation has committed a confirmed $4 million multi‑year gift to the Giller Prize to shore up operations.
  • The donation builds on a reported $1 million Weston family contribution made last year and is being presented in honour of the late Hilary M. Weston.
  • The funds are designated to expand the prize’s year‑round programming and help sustain the $100,000 annual award ahead of the Nov. 16, 2026 winner announcement.
  • The Giller sought outside help after ending its long title sponsorship with Scotiabank following 2023 protests over a Scotiabank subsidiary’s investments in Elbit Systems; that subsidiary later divested and a boycott was reported lifted in April 2026.
  • Organizational reforms such as the new Giller Prize Writers’ Circle and a broader partner list are under way, and the gift should ease immediate financial strain while readers watch how the foundation and Giller translate funding into lasting support for writers and book‑industry workers.