Business book award winner foresees shift in power to Alberta
A book that considers the possibility Alberta might become the financial and corporate centre of Canada has won the National Business Book Award.
Gordon Pitts was named winner of the $20,000 prize on Thursday for his Stampede! The Rise of the West and Canada's New Power Elite.
Pitts contends that business leadership is changing across the country and centres on personalities who are leading the change.
Stampede speculates that the centre of power might move west from Ontario and Quebec to Alberta as manufacturing wanes and the oil industry remains strong.
A Toronto-based journalist and feature writer for the Globe and Mail's Report on Business, Pitts has had three previous books shortlisted for the award.
Storming the Fortress is about getting into the EU business market, In the Blood is a look at prominent Canadian business families, and Kings of Convergence is about the media business.
The other contenders for the 2009 prize were:
- Margaret Atwood, Payback: Debt and the Shadow Side of Wealth.
- Peter C. Newman, Izzy: The Passionate Life and Turbulent Times of Izzy Asper, Canada'sMedia Mogul.
- Ted Rogers with Robert Brehl, Relentless: The True Story of the Man Behind Rogers Communications.
- Kenneth Whyte, The Uncrowned King: The Sensational Rise of William Randolph Hearst.