CommentsD SWIDLER - October 2, 2018 @ 09:04
Another example of TICO's "rigorous financial inspection program" being nothing else than a complete waste of registrant's valuable time and money. Here's what TICO told La Presse newspaper back in June (translated): "In addition, La Presse has learned that the counterpart of the OPC in Ontario has also undertaken audits. "We are reviewing the file in the light of recent public information. The agency's license remains active, "said Richard Smart, CEO of Travel Industry Control of Ontario (TICO), who says he has Sinorama's collaboration."
On August 8, Sinorama voluntarily terminated their TICO registration. TICO now claims that the cost to registrants could exceed $5.0 million. Perhaps the new Ontario government under the very capable Minister Todd Smith will look for less costly and more efficient ways to protect consumers?