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International Regime

Figure 1

Limits of Liability and Compensation
Per Incident for Oil Tanker Spills in Canada

Based on the value of the SDR ($1.52243) on April 1, 2011


International Funds (IOPC) $1,141,822,500
Total Domestic Fund (SOPF) $   157,803,519
Total Available to Canada $1,299,626,019

Figure 1

Figure 1 shows the limits of liability and compensation available under the 1992 CLC, the 1992 IOPC Fund Convention and the Supplementary Fund.

The aggregate amount available under the 1992 CLC, the 1992 IOPC Fund and the Supplementary Fund is $1,141.82 million. The SOPF amount of some $157.803 million on top of the International Funds results in approximately $1.300 billion being available for a tanker spill in Canadian waters, including the territorial sea and the exclusive economic zone.


    Last Updated: 1/26/2012 Important Notices