In this study, we assess pan-Arctic and regional seasonal sea ice forecast skill in versions 1 and 2 of the Canadian Seasonal to Inter-annual Prediction System (CanSIPSv1 and CanSIPSv2) dynamical seasonal prediction systems. Each version applies a multi-model ensemble approach using two coupled general circulation models. CanSIPSv2 features a new model formulation (where one of the underlying models, CanCM3, was replaced with GEM-NEMO) and improved sea ice initialization. We show that the modifications made in the development of CanSIPSv2 substantially enhance forecast skill. For example, the lead time for skillful forecasts of detrended pan-Arctic September sea ice area increases from three months in CanSIPSv1 to seven months in CanSIPSv2. We also show that forecasts of detrended winter sea ice area are improved, with CanSIPSv2 producing skillful forecasts for all considered lead times (up to 11 months) for December, January, and February. We find that improvements in pan-Arctic forecast skill are due primarily to improved initialization methods.Further, a potential predictability experiment is conducted for one of the two CANSIPSv2 models, CanCM4, in order to establish – in conjunction with similar studies – the potential to further increase forecast skill with improved models, observations and initialization methods.