In 2025, the Polaris Music Prize celebrated its 20th anniversary. Entering its third decade, the award is undergoing what might be its biggest period of change. From funding to voting process, the organization is continuing to evolve.

The cultural not-for-profit organization has spent the better part of two decades creating a space in the industry for Canadian acts to be recognized based solely on artistic merit, rather than sales, genre or support from a record label. Founded in the 2000s as Canada’s answer to the Mercury Prize, the organization became a registered Canadian charity in 2017.

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Over its two-decade run, the Polaris Music Prize has awarded many notable acts, including Kaytranada, Haviah Mighty, Jeremy Dutcher (Twice), Caribou, Feist and more. It’s also recognized greats like Alanis Morissette, Leonard Cohen, Beverly Glenn-Copeland and Neil Young through the Slaight Family Polaris Heritage Prize.

To commemorate its anniversary, Polaris introduced the SOCAN Polaris Song Prize and launched Polaris Festival, a multi-day event across Toronto, showcasing a range of Canadian talent.