The Globe and Mail reports in its Thursday edition that the Giller Prize will be forced to shut down at the end of this year without federal funding, according to the Giller Foundation. The Globe's Brad Wheeler writes that the annual $100,000 award for fiction, the richest in Canada, is in dire financial straits after its decades-long partnership with Bank of Nova Scotia ended prematurely earlier this year. The Giller Foundation is in the process of appealing to the federal government for funds. A drafted letter to Ottawa states the prize is in "urgent need of financial assistance" and that "without stable funding, the Giller will be forced to cease operations at the end of 2025." The Giller Foundation faced criticism and protests for its association with former lead sponsor Scotiabank, whose subsidiary 1832 Asset Management was a big investor in prominent Israeli arms company Elbit Systems Ltd. At the nationally televised Giller Prize gala in November, 2023, after the start of the Israel-Hamas war that October, anti-Israel protesters jumped onstage carrying signs that read "Scotiabank Funds Genocide." After the disrupted ceremony, a group of Canadian authors signed an on-line letter in support of the protesters.