Industry Advisory - TICO Provides Explanatory Paper to Assist with Interpretation of New Regulation Changes
The Travel Industry Council of Ontario (TICO) would like to remind stakeholders that the recent amendments to Ontario Regulation 26/05 come into force on July 1, 2016. TICO understands that there may be some confusion in relation to the interpretation of the new provisions to the Regulation and has therefore prepared an Explanatory Paper to assist stakeholders.
The following is a summary of the amendments to the Regulation that may be found in TICO’s Explanatory Paper:
Effective July 1, 2016:
- 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.
TICO’s Explanatory Paper – click here
Stakeholders are encouraged to contact TICO if they have any questions or require guidance with respect the changes to the Regulation at email
or Tel: 1-888-451-TICO (8426).
Registrar, Travel Industry Act, 2002