TORONTO - The Giller Prize has parted ways with its lead sponsor Scotiabank more than a year after members of the literary community began protesting the bank's ties to an Israeli arms manufacturer.

The Giller Foundation, which administers Canada's richest fiction prize, said its 20-year relationship with Scotiabank ended Monday, but organizers of the No Arms in the Arts campaign say their boycott of the literary institution will continue.

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