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ARTICLE · 05 APRIL 2017

Ontario's New International Commercial Arbitration Act, 2017

On March 22, 2017, key aspects of Ontario's arbitration legislation were significantly revised when Bill 27, Burden Reduction Act, 2017 received Royal Assent from the Lieutenant Governor.

CanadaLitigation, Mediation & Arbitration

On March 22, 2017, key aspects of Ontario's arbitration legislation were significantly revised when Bill 27, Burden Reduction Act, 2017 received Royal Assent from the Lieutenant Governor. According to its own introductory note, Bill 27 is part of a government initiative to reduce the regulatory burden on business and to achieve a cost savings for government.

International Commercial Arbitration Act, 2017

Under Bill 27, the International Commercial Arbitration Act, R.S.O. 1990, c. I.9 (ICAA) was repealed and replaced with the International Commercial Arbitration Act, 2017 (ICAA, 2017). While there are a number of changes in the new legislation, two key features of the modernized ICAA, 2017 include:

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