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Polaris: Canada's Musical Badge of Honor

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On Monday evening, the winner of the 2nd annual Polaris Music Prize will be announced. This is not earth shattering news because many don’t even know what it is.

The Polaris Music Prize is Canada’s equivalent to the U.K.’s Mercury Prize. It is an award given to the best Canadian album of the year, regardless of genre, sales, or record label. The winner receives $20,000 cash and a bevy of publicity. The initial jury consists of over 170 Canadian music journalists, bloggers, and broadcasters. The actual winner is chosen from a much smaller jury of 11. Last year’s winner was Final Fantasy’s He Poos Clouds.