Two Canada Council for the Arts Molson Prizes, in the amount of $50,000 each, are awarded annually to distinguished individuals (one in the arts and one in the social sciences and humanities). The prizes are intended to encourage continuing contributions to the cultural and intellectual heritage of Canada.
The prizes are funded by an endowment from the Molson Foundation, and they are administered by the Canada Council for the Arts in cooperation with the Social Sciences and Humanities Research Council of Canada (SSHRC). The winners are chosen by a peer assessment committee, which is appointed jointly by the Canada Council and the SSHRC.
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