The annual total prize value for the Sobey Art Award, Canada’s pre-eminent contemporary art award, has been increased to 100,000 CAD. In addition to the 50,000 CAD prize awarded to the winner of the Sobey Art Award, additional funding will increase the award to each of the four remaining short-listed artists to 10,000 CAD (previously 5,000 CAD) and to introduce a 500 CAD award to each of the remaining 20 long-listed artists. 
“The Sobey Art Award was created to foster the careers of young Canadian visual artists and as such the Trustees of the Sobey Art Foundation felt it appropriate to use the funds available to give a boost to all of the long listed artists in this process,” said Rob Sobey, Chair of the Sobey Art Foundation.
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