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TICO Assists With Regulation Changes

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The Travel Industry Council of Ontario (TICO) is reminding stakeholders that amendments to Ontario Regulation 26/05 came into force on July 1 and has released an “Explanatory Paper” to help with any confusion.

The following is a summary of the amendments:

  • Exempting businesses that exclusively offer one day tours from the requirements of the Act.
  • Modifying the security deposit and working capital requirements to provide some flexibility for lower risk businesses that are closely tied to government.
  • Aligning the filing deadline for regular claims and trip completion claims at six months.

Effective January 1, 2017:

  • All-in pricing. This provision will require registered businesses to display the total price to consumers, including all fees, levies and other charges, when advertising travel services.

(http://www.tico.ca/files/ExplanatoryPaper-Reg170-July2016.pdf)

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