The Travel Industry Council of Ontario (TICO) is once again waiving registrant fees as the COVID-19 pandemic continues to financially impact Ontario’s travel agencies and wholesalers.
The news was shared in an update posted by TICO’s President and CEO Richard Smart on Thursday (Jan. 13). The Ontario government has provided funding to TICO, allowing it to waive fees for a third straight year.
“Since the beginning of the pandemic, TICO has worked closely with the Ontario government to find ways to support our registrants,” wrote Smart in a notice posted to TICO’s website. “We appreciate the government’s continued assistance and funding through these unprecedented times. While there are many challenges ahead, TICO remains committed to its mandate of strong consumer protection and the recovery of Ontario’s travel marketplace in the years ahead.”
Thanks to provincial funding, TICO has offered fee waivers to registrants for the last two fiscal years, beginning on April 1, 2020.
Due to the prolonged nature of the pandemic and the ongoing need for assistance, both the provincial and federal governments are offering further business supports, TICO says.
Travel agencies and wholesalers will receive a fee waiver for annual registration renewal fees and Travel Industry Compensation Fund payments (Form-1) owed to TICO from April 1, 2022 to March 31, 2023.
“This will allow registrants to focus on their priority business needs without the added financial stress of meeting certain payment obligations with TICO,” Smart wrote.
The waiver applies to all registrants registered with TICO as of March 31, 2022.
Registrants are still required to complete and submit their Registration Renewal Form (without payment) and their Form-1 (without payment) by the filing deadline.
Any questions can be directed to email@example.com or toll free at 1-888-451-TICO (8426).
“TICO continues to support consumers and registrants impacted by COVID-19 and will continue to provide updates as they become available,” Smart wrote.