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Thursday, 01 November 2012

TICO: CONSULTATION ON COMPENSATION FUND RATE INCREASE
!!!TICO: CONSULTATION ON COMPENSATION FUND RATE INCREASE
The TICO Board of Directors is proposing to increase the Compensation Fund contribution rates effective April 1, 2013, with subsequent increases effective April 1, 2014 and April 1, 2015.

A Consultation Paper has been sent to all registrants and is posted on TICO’s website at tico.ca.
 
All registrants are encouraged to provide comments on the proposed contribution rate increase by November 30, 2012.

Feedback can be provided by email, mail or by fax as follows:

Email: tico@tico.ca

Mail: Travel Industry Council of Ontario
Proposed Compensation Fund Rate Increase
2700 Matheson Blvd. East
Suite 402, West Tower
Mississauga, Ontario L4W 4V9

Fax: (905) 624-8631


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Elisa Goldman2012-11-01
Is the compensation fund low on funds why the increase... in todays economy with commisions lower and lower any hit to our bottom line is trouble.


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