In May 2024, FTI Consulting released its first report on commercial arbitration in Canada
entitled Canadian Arbitration Report 2024 (the
"Report"). The findings are the result
of a three-year survey conducted from January 2020 to December
2022, involving all stakeholders, such as arbitrators, professors,
experts and legal counsel.
The Report's conclusions are unequivocal: the use of
arbitration, whether domestic or international, as a means of
resolving disputes is increasingly prevalent in Canada. Co-authors
Professor Janet Walker and the Honourable Barry Leon write that the
future of arbitration in Canada is bright:
"[By] working cooperatively and energetically, and together
with Canadian businesses, governments, and institutions, the
practice of arbitration will see significant growth in the coming
years."
