TICO Module One Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026
June 25, 1997 The ON government delegated the
administration
of the Travel Industry Act to the Travel
Industry
Council of Ontario.
TICO Travel Industry Council of Ontario
TIA Travel Industry Act
Travel Industry Compensation Refunds (fully or in part) eligible
Fund consumers who
bought travel services from an
Ontario-registered
travel agency but did not receive them
because of
the bankruptcy or insolvency of a registrant
or an
airline or cruise line end supplier.
,End supplier A person that operates a travel service for
which
they have owner-ship. Examples of end
suppliers
include airlines, cruise lines, hotels and car
rental
companies.
Do end suppliers need to be No, provided that they do not otherwise act
registered under the travel industry as a
act, 2002? travel agent or travel wholesaler in Ontario.
The Travel Industry Compensation Airlines and cruise lines
Fun does not cover the non-
provision of travel services by an
end
supplier except for...
Who is TICO financed by? The registration fees of travel agencies
and travel
wholesalers registered in Ontario. Those
same
agencies and wholesalers also finance the
Travel
Industry Compensation Fund.
What is TICO? This is a not-for-profit corporation that
regulates,
and is financed by, the retail and
wholesale travel
community.
, What does the Act govern? Travel retailers and wholesalers registered
in
Ontario.
Who is currently responsible for The provincial Ministry of Consumer
consumer legislation in Ontario, Services / "the
including the Travel Industry Act, Ministry"
2002?
Answers with Verified Solutions | Latest
Updated 2026
June 25, 1997 The ON government delegated the
administration
of the Travel Industry Act to the Travel
Industry
Council of Ontario.
TICO Travel Industry Council of Ontario
TIA Travel Industry Act
Travel Industry Compensation Refunds (fully or in part) eligible
Fund consumers who
bought travel services from an
Ontario-registered
travel agency but did not receive them
because of
the bankruptcy or insolvency of a registrant
or an
airline or cruise line end supplier.
,End supplier A person that operates a travel service for
which
they have owner-ship. Examples of end
suppliers
include airlines, cruise lines, hotels and car
rental
companies.
Do end suppliers need to be No, provided that they do not otherwise act
registered under the travel industry as a
act, 2002? travel agent or travel wholesaler in Ontario.
The Travel Industry Compensation Airlines and cruise lines
Fun does not cover the non-
provision of travel services by an
end
supplier except for...
Who is TICO financed by? The registration fees of travel agencies
and travel
wholesalers registered in Ontario. Those
same
agencies and wholesalers also finance the
Travel
Industry Compensation Fund.
What is TICO? This is a not-for-profit corporation that
regulates,
and is financed by, the retail and
wholesale travel
community.
, What does the Act govern? Travel retailers and wholesalers registered
in
Ontario.
Who is currently responsible for The provincial Ministry of Consumer
consumer legislation in Ontario, Services / "the
including the Travel Industry Act, Ministry"
2002?
