The League of Canadian Poets, a national not-for-profit poetry organization founded in 1966, invites Canadian youth to participate in its Jessamy Stursberg Poetry Contest for Canadian Youth. There are two age categories, junior (grades 7-9) and senior (grades 10-12).
First place poems in each category will receive a cash prize:

Winners: $350
Second Place: $300
Third Place: $250

Learn more here.