Ron Greenwood
One-time ACTA President and Algonguin Travel Founder Ronald Greenwood has been sentenced to 18 months of jail and ordered to pay restitution of $2,036,933 to the Ontario’s Travel Compensation Fund in relation to the failure of MKI Travel and Conference Management Inc.
The failure resulted in a more than $2M claim against the Fund, the largest single claim in the history of the Fund that is administered by the Travel Industry Council of Ontario.
Greenwood was found guilty of:
- Two counts of failing to prevent MKI from committing an offence of failing to deposit trust funds into the trust account;
- One count of failing to prevent MKI from committing an offence of failing to obtain the Registrar’s consent in advance of opening a second trust account.
Based in Ottawa, MKI was a registered travel agent and wholesaler whose registration was voluntarily terminated effective 13MAY, 2013. TICO describes Greenwood as “a director and the guiding mind of MKI.”

Bruce Parkinson Editor-in-Chief
An observer and analyst of the Canadian and international travel industries for over 25 years.
Comments
The Executive at Canada Games should be held responsible too for not doing their due diligence on him...
I'm wondering when this sentence was finally passed, as it had originally been scheduled for sometime last March, I believe?
AT Last!!
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