Limits of Liability and Compensation Per Incident for Oil Tanker Spills in Canada
Figure 1 shows the limits of liability and compensation available under the 1992 CLC and the 1992 IOPC Fund Convention. The Supplementary Fund provides $993,324,650 million beyond the amount available under the CLC and IOPC Funds.
International Conventions and Funds
Total Domestic Fund (SOPF)
Total Available to Canada
The aggregate amount available under the 1992 CLC, the 1992 IOPC Fund and the Supplementary Fund is $1.362 billion. The SOPF amount of $171.693 million, on top of the International Conventions, results in approximately $1.534 billion being available for a tanker spill in Canadian domestic waters, including the territorial sea and the exclusive economic zone.