A prize of $130,000 Canadian (approximately $96,748) is given annually for a poetry collection published during the current year and written in, or translated into, English. Should the prize-winning book be a translation, 60 percent of the prize is awarded to the translator and 40 percent to the poet. Finalists each receive $10,000 Canadian (approximately $7,442) for their participation in the Griffin Poetry Prize Shortlist Readings held in Toronto. Publishers may submit four copies of a book no less than 48 pages in length and published between July 1, 2023, and December 31, 2023, by December 31; books published in the first half of the year were to be submitted by June 30. There is no entry fee.