Author Gordon Pitts Wins National Business Book Award

    Sponsored by
    PricewaterhouseCoopers LLP and BMO Financial Group

    TORONTO, May 7 /CNW/ - This year's National Business Book Award winner is
Gordon Pitts for his book Stampede! The Rise of the West and Canada's New
Power Elite, published by Key Porter Books. The announcement was made this
afternoon at an award luncheon in Toronto.
    In his book, Pitts presents the concept of Calgary and Alberta becoming
the financial and corporate centres of Canada. He investigates how this could
be achieved and which players might make it happen. He also profiles the
issues, personalities and societal and cultural nuance that will define this
new order.
    Pitts points out that Canada is becoming increasingly resource dependant
while value-added manufacturing erodes across the country. The book succinctly
captures Canada on the cusp of a profound socio-economic change.
    In its 24th year, the National Business Book Award is considered one of
Canada's most prestigious and respected literary awards. Co-sponsored by
PricewaterhouseCoopers LLP and BMO Financial Group, the National Business Book
Award honours the author of an outstanding Canadian business-related book with
a $20,000 prize.
    "As the award approaches its 25th year, we continue to celebrate the
talent and integrity of Canada's business writers and the publishing
community," said Gino Scapillati, National Managing Partner,
PricewaterhouseCoopers. "Books have the ability to help us reflect on the
past, learn lessons from the lives of others, stimulate our thinking, and
navigate the future."
    "This year's finalists gave us a look at the lives of Canada's business
pioneers and in-depth analyses of the Canadian economy," said Richard
Rudderham, Senior Vice-President, Institute for Learning, Human Resources
Division, BMO Financial Group. "Business books - and the authors who write
them - deserve special recognition for their contribution to Canadian culture
and the business world. We are proud to have this opportunity to honour these
talented writers."
    This year's jury is chaired by Roger Martin, Dean, Rotman School of
Management, University of Toronto. The jury includes: Jane Cooney, President,
Books for Business; William Dimma, Chairman Emeritus, Home Capital Group Inc.;
Peter Mansbridge, Chief Correspondent, CBC Television Network; Deirdre
McMurdy, Vice-President, Public Policy Forum; and The Honourable Pamela
Wallin, Senator.
    Gordon Pitts is a bestselling author, public speaker, and senior writer
for The Globe and Mail's Report on Business, focusing on management,
entrepreneurship and family business. In 1989 he was a press fellow at Wolfson
College, Cambridge University, during which time he wrote his first book,
Storming the Fortress, a finalist for the National Business Book Award in
1990. He also has been a finalist for his three subsequent books: In the
Blood: Battles to Succeed in Canada's Family Businesses, Kings of Convergence:
The Fight for Control of Canada's Media, and The Codfathers: Lessons of the
Atlantic Business Elite.

    Finalists for this year's National Business Book Award:

    -   Margaret Atwood, Payback: Debt and the Shadow Side of Wealth,
        published by House of Anansi Press.

    -   Peter C. Newman, Izzy: The Passionate Life and Turbulent Times of
        Izzy Asper, Canada's Media Mogul, published by HarperCollins.

    -   Ted Rogers with Robert Brehl, Relentless: The True Story of the Man
        behind Rogers Communications, published by HarperCollins.

    -   Kenneth Whyte, The Uncrowned King: The Sensational Rise of William
        Randolph Hearst, published by Random House Canada.

    The National Business Book Award winner for 2008 was William Marsden for
Stupid to the Last Drop: How Alberta is Bringing Environmental Armageddon to
Canada (and doesn't seem to care).

For further information:

For further information: or to arrange interviews, please call: Mary Ann
Freedman, Phone: (416) 868-1500, Email:,

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