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ARTICLE · 03 APRIL 2017

Ontario's International Commercial Arbitration Act Gets A Makeover

McCarthy Tétrault
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On March 22, 2017, the Ontario government enacted the International Commercial Arbitration Act, 2017 as part of broader legislation to reduce regulatory burdens on businesses...

CanadaLitigation, Mediation & Arbitration
The International Arbitration Blog
The International Arbitration Blog
Junior Sirivar
Junior Sirivar
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On March 22, 2017, the Ontario government enacted the International Commercial Arbitration Act, 2017 ("ICAA 2017") as part of broader legislation to reduce regulatory burdens on businesses and achieve costs savings for government. ICAA 2017 replaces a previous version of the law enacted in 2006 ("ICAA 2006").

This blog article summarizes the key changes in ICAA 2017. While these changes only do not significantly change Ontario's international arbitration regime, parties drafting arbitration agreements or participating in arbitrations should certainly be aware of them. In general, ICAA 2017 makes seating arbitrations in Ontario even more practical and desirable for arbitrating parties.

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