The Giller Prize, founded by Jack Rabinovitch in 1994, highlights the very best in Canadian fiction year after year. In 2005, the prize teamed up with Scotiabank who increased the winnings 4-fold. The Scotiabank Giller Prize now awards $100,000 annually to the author of the best Canadian novel, graphic novel or short story collection published in English, and $10,000 to each of the finalists.