Molson Prizes
Two prizes of $50,000 each are awarded annually to distinguished Canadians, one in the arts and the other in the social sciences and humanities. Funded from the income of a $1 million endowment given to the Canada Council by the Molson Family Foundation, the Molson Prizes encourage Canadians honoured with this distinction to continue contributing to the cultural and intellectual heritage of Canada. The Canada Council administers the awards in conjunction with the Social Sciences and Humanities Research Council and assumes responsibility for choosing the winners.