The Travel Industry Council of Ontario (TICO) will reinstate its fees in 2023, according to a bulletin that was released on Wednesday (Sept. 21).
It will also be launching a comprehensive review of its funding model and Compensation Fund.
Previously, between April 1, 2020 and March 31, 2023, all TICO annual registration renewal fees and Compensation Fund assessments that were owed during this period were waived.
“This was possible due to temporary funding from the Ontario government,” TICO wrote. “This allowed registrants to focus on their priority business needs without the added financial stress of meeting certain payment obligations with TICO.”
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