The 2011 Polaris Prize is underway, and they’ve just announced the short list. Go over here to check it out.

A few really established artists get nods, like Destroyer, Ron Sexsmith, and Arcade Fire. Ron Sexsmith is perennial favourite, but the Bob Rock-produced Long Player Late Bloomer doesn’t go to the same heights as the rest of his discography. I’d count Arcade Fire out as well; The Suburbs made them the world’s biggest independent artists which could easily work against them when the jury convenes to decide on the winner. Destroyer’s Kaputt has a really good shot.

Beyond that, look for Timber Timbre – who opened for Owen Pallett a ways back in Regina – and saxophonist Colin Stetson to make some good odds.

Anyone have a favourite for the winner?