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Author Stephen Bown, in an undated handout photo. Bown was named a co-winner of the National Business Book Award on Wednesday.Clara Bown/The Canadian Press

Former Bank of Canada governor Mark Carney and historical author Stephen Bown have been named as co-winners of the National Business Book Award.

Organizers said Wednesday’s announcement marked the first time the honour has been awarded to two books. The authors will split the $30,000 cash prize.

Mr. Carney was recognized for Value(s): Building a Better World For All, published by Signal, in which he lays out his vision for a more equitable postpandemic economy.

Banff, Alta.-based Mr. Bown won for The Company: The Rise and Fall of the Hudson’s Bay Empire, from Doubleday Canada, charting the corporation’s role in shaping the early colonial history of Canada.

Founded in 1985, the National Business Book Award recognizes the best business-related title published the previous year.

This year’s runners-up are: Grand Chief Ronald Derrickson for Fight or Submit: Standing Tall in Two Worlds, published by ECW Press; Jeff Rubin for The Expendables: How the Middle Class Got Screwed By Globalization, published by Random House Canada; and Roger Martin for When More Is Not Better: Overcoming America’s Obsession with Economic Efficiency, published by Harvard Business Review Press.

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