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Writers Joan Barfoot, David Bergen, Camilla Gibb, Lisa Moore and Edeet Ravel are in the running for one of Canada's most prestigious literary awards.

The five were announced Wednesday as nominees for the newly named Scotiabank Giller Prize, which will be given out in Toronto on Nov. 8.

The shortlist was chosen from a total of 94 books submitted for consideration.

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The nominees were announced during a press conference in Toronto. This year's jury includes Richard B. Wright - who won the prize in 2001 for his book Clara Callan - as well as writers Eliabeth Hay and Warren Cariou.

The Giller was founded in 1994 by businessman Jack Rabinovitch, who named the prize in honour of his late wife, literary critic Doris Giller. The award now ranks among this country's top prizes for literature.

Last week, the award was renamed the Scotiabank Giller Prize after Bank of Nova Scotia agreed to act as co-sponsor. That agreement also saw the total prize money offered double.

The winner now receives $40,000, up from $25,000 previously. The other four finalists also now get $2,500.

Ms. Barfoot was nominated for her book Luck, while Ms. Gibb was selected for her work, Sweetness in the Belly.

Ms. Moore was nominated for Alligator and Ms. Ravel for A Wall of Light. Mr. Bergen was short listed for his book, The Time In Between. Last year's award was won by Alice Munro for her collection of short stories, Runaway. It was her second win.

Past winners have included Margaret Atwood, Mordechai Richler and Michael Ondaatje.

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