Severe drought conditions in 2018 prompted concerted efforts by Irish authorities to establish a formal planning process for drought risks as part of the wider national water management strategy. More than two decades had passed since Ireland had experienced a socioeconomically significant drought, but recently reconstructed long-term data have shown that drought is a much more frequent hazard here than previously thought. With climate change impacts likely to affect the temporal and spatial distribution of precipitation in coming decades, there is an ongoing need for further planning and preparation to reduce the vulnerability of the Irish water system to droughts. In this article, we report results of a systematic comparison of Irish drought management plans and policies with those in southwestern Ontario, Canada, a region that shares many similar drought risk factors and management challenges but has longer established institutional practices for managing droughts. Key recommendations for Irish water managers emerging from this project include fostering a culture of water conservation among the Irish public; using catchments as the spatial unit for drought monitoring and management decisions; creation of standing drought management teams that involve and broaden key stakeholders and user groups; and further refining data collection to support planning for future challenges associated with climate change. Pursuing future opportunities for peer-to-peer learning between Irish water managers and their counterparts in other jurisdictions is a wider opportunity for developing best practices for drought management in the Irish context.