TRAVEL INDUSTRY COUNCIL OF ONTARIO (TICO)
FINAL EXAM AND PRACTICE EXAM QUESTIONS 2025
ACTUAL EXAM COMPLETE EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS /ALREADY GRADED
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TICO - ..(answers)..The Travel Industry Council of Ontario - a not-for-profit
corporation that regulates Ontario's travel industry.
What does TICO stand for? - ..(answers)..Travel Industry Council of Ontario.
Who funds TICO? - ..(answers)..Ontario-registered travel retailers and
wholesalers.
What is TICO's mandate? - ..(answers)..To administer the Travel Industry Act,
2002 and oversee consumer protection in Ontario's travel industry.
When was TICO given authority to administer the Act? - ..(answers)..June 25,
1997.
What is the Travel Industry Compensation Fund? - ..(answers)..A fund that
reimburses eligible consumers for non-provision of travel services due to failure
of a registrant, airline, or cruise line.
What is an end supplier? - ..(answers)..A company or person that operates a
travel service they own, like airlines, cruise lines, hotels, or car rental companies.