Tag: Travel News
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TICO Confirms Compensation Fund Rate Increase Effective May 1
After reviewing feedback from stakeholders on proposed increases to Compensation Fund rates, the Board of Directors of the Travel Industry Council of Ontario has decided to proceed with a fee increase from 5 cents to 15 cents per $1,000 of sales effective May 1, 2013. The proposal to raise rates was introduced at TICO’s 15th…