TICO Module 1 Exam Questions and Answers
with Verified Solutions | Latest Updated 2026
Ontario Travel Industry Act Sets down the rules under which travel
retailers
and travel wholesalers must operate in
Ontario
Ontario Regulation 26/05 Sets out the requirements for how the
rules will be
enforced
Ministry of Consumer Services Provincial Government Body responsible
for the
Travel Industry Act and Ontario
Regulations 26/05
The Ministry delegated responsibility for
administering the TIA, 2002 to TICO, and
holds
TICO accountable for correctly performing
this
function
, TICO Travel Industry Council of Ontario
A not-for-profit corporation that regulates
and is
financed by the retail and wholesale travel
communities
Financed entirely from the registration fees
of
travel agencies and travel wholesalers
registered in
Ontario
TICO mission To promote a fair and informed
marketplace where
consumers can be confident in their travel
purchases
TICO Vision To be a progressive regulator advancing
consumer
protection, ethical business practices and
a trusted
market place where consumers are
confident
purchasing travel from registered
professionals
Registrant A travel agent or a travel wholesaler who is
registered as a travel agent, or a travel
wholesaler,
or both under the Travel Industry Act, 2002
with Verified Solutions | Latest Updated 2026
Ontario Travel Industry Act Sets down the rules under which travel
retailers
and travel wholesalers must operate in
Ontario
Ontario Regulation 26/05 Sets out the requirements for how the
rules will be
enforced
Ministry of Consumer Services Provincial Government Body responsible
for the
Travel Industry Act and Ontario
Regulations 26/05
The Ministry delegated responsibility for
administering the TIA, 2002 to TICO, and
holds
TICO accountable for correctly performing
this
function
, TICO Travel Industry Council of Ontario
A not-for-profit corporation that regulates
and is
financed by the retail and wholesale travel
communities
Financed entirely from the registration fees
of
travel agencies and travel wholesalers
registered in
Ontario
TICO mission To promote a fair and informed
marketplace where
consumers can be confident in their travel
purchases
TICO Vision To be a progressive regulator advancing
consumer
protection, ethical business practices and
a trusted
market place where consumers are
confident
purchasing travel from registered
professionals
Registrant A travel agent or a travel wholesaler who is
registered as a travel agent, or a travel
wholesaler,
or both under the Travel Industry Act, 2002
