 The first group of members was inducted in 1998, and it has since expanded to include the RBC Emerging Artist Music Mentorship Prize competition, which assists emerging Canadian musicians with getting their careers off the ground.The Walk of Fame was first conceived in 1996 when Peter Soumalias suggested the idea of a Walk of Fame for famous Torontonians to the board of the Toronto Entertainment District Association.They rejected his idea but he went on to establish a Walk of Fame for Canadians.