The winner receives $6,000 from the Canada Council for the Arts, a two-week writing residency at Banff Centre for Arts and Creativity and their work will be published on CBC Books.

Four finalists each receive $1,000 from the Canada Council for the Arts and their work is also published on CBC Books. 

The prize is open to all Canadian citizens and permanent residents of Canada who have reached the age of majority in their province or territory of residence, whether living in Canada or abroad. For rules and regulations go to:  https://www.cbc.ca/books/literaryprizes/cbc-literary-prizes-rules-regulations-1.4090957