The Toronto Worldwide Short Film Festival has changed its name to the Canadian Film Centre's Worldwide Short Film Festival. Founded by Brenda Sherwood in 1994, the festival was acquired by the Canadian Film Centre in 2000. The Canadian Film Centre is Canada's foremost institution for advanced training and production in film, television and new media. In addition to competition screenings of international and Canadian shorts, the festival will feature panels, symposiums, special presentations, retrospectives and gala screenings. The festival market offers an opportunity for filmmakers and industry representatives to connect, converse and conduct business. Over CA$40,000 (US$26,450) in cash and prizes will be awarded to winners, including the Sun Life Financial Best Canadian Short Film award of CA$25,000 (US$16,531).