Photos by Alitzia Tyminski – The Polaris Music Prize is a music award annually given to the best full-length Canadian album based on artistic merit, regardless of genre, sales, or record label. The award was established in 2006 with a $20,000 cash prize; the prize was increased to $30,000 for the 2011 award. In May 2015, the Polaris Music Prize was increased to $50,000, an additional $20,000, sponsored by Slaight Music. Additionally, second place prizes for the nine other acts on the Short List increased from $2,000 to $3,000. Polaris officials also announced The Slaight Family Polaris Heritage Prize, an award that “will annually honour five albums from the five decades before Polaris launched in 2006.”