In Ontario, numerous rules and procedures govern lawsuits but limitation periods are one of the most important to understand when considering your rights and deciding whether to commence a lawsuit.
The basic limitation period to pursue most claims is two years and is set out in the Limitations Act. If you want to sue someone to recover damages, generally you need to do so within two years of the date of loss or injury. Other limitation periods may apply to other specific situations. For instance some insurance contracts may contain a clause that substantially shortens the limitation period - a term known as “contracting out”