Giller Prize Removes Scotiabank Name Amid Controversy Over Israeli Arms Investments

Brief by Shorts91 Newsdesk / 07:33am on 12 Sep 2024,Thursday International

The prestigious Canadian literary award, formerly known as the Scotiabank Giller Prize, has rebranded to distance itself from its sponsor's controversial investments. Scotiabank's asset management subsidiary holds shares in Elbit Systems, an Israeli weapons manufacturer implicated in civilian casualties. Despite the name change, Scotiabank remains the prize's main sponsor. The Giller Foundation cited a desire to focus on authors and their achievements, rather than the sponsor's activities. The move follows months of protests and criticism from literary figures and human rights groups.

Read More at The Guardian

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