TICO Board Approves Comp Fund Claims


On June 24, TICO’s board of directors approved payment of $51,020.54 to assist 51 consumers who did not receive the travel services for which they had paid.

The payment was due to the closure of Amigo Travel Ltd. in Toronto ($9,171.00); Joy Travel & Tours in Toronto ($1,790) and Sky Asia Travel in Toronto ($40,059.54).

The board denied one claim as the claim was based on a payment for travel services that were available, but not received because of an act or a failure to act on the part of the customer or person travelling.