Oh will ya look at that!
Today in #ProtestsWork
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In a separate e-mail to The Globe, Rabinovitch said that “following discussions, Scotiabank and The Giller Foundation agreed that the best path forward was an early end to the partnership.” She did not offer further reasons for the separation. Scotiabank declined to comment on the end of the partnership when contacted by the Globe.
The Giller Prize has been under fire since late 2023, when protesters stormed the stage at its annual gala with signs that read “Scotiabank Funds Genocide.” Scotiabank subsidiary 1832 Asset Management was at that point the biggest international investor in Elbit Systems Ltd., Israel’s most prominent publicly traded arms company.
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About 2,000 people, many from the publishing industry, signed a letter in support of the demonstrators. Though the Scotiabank subsidiary has been gradually reducing its stake in Elbit Systems, it still holds a disproportionate amount compared to other Canadian banks, and the Giller Prize spent much of 2024 facing pushback over its ties to the bank.
More than three dozen eligible authors withdrew their latest books for consideration for the 2024 Giller Prize. Alongside eight past nominees and winners, they called on the Giller Foundation in July to cut ties with numerous other organizations “who are directly invested in Israel’s occupation of Palestine.” Prize juror Dinaw Mengestu said that day that he would leave the jury.
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https://www.theglobeandmail.com/arts/books/article-giller-foundation-cuts-ties-with-lead-sponsor-scotiabank/
https://archive.ph/XoKs0 without paywall.
Now #DropTheCharges
#Toronto #TorontoActions #FreePalestine