TAKE NOTICE THAT the Annual General Meeting of the members of the Travel Industry Council of Ontario (“TICO”) will be held at 5:00 p.m. on Tuesday, June 26, 2018 at the Corporate Event Centre, 5110 Creekbank Road, Mississauga, Ontario, for the purpose of:

  1. receiving the financial statements for the previous financial year, together with the Auditor’s Report;
     
  2. receiving and considering the Annual Report;
     
  3. appointing the auditors for the Corporation and authorizing the Board of Directors to fix the auditor’s remuneration;
     
  4. considering amendments to Articles 3, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18 and 19 of TICO By-law No. 1 to eliminate the Executive and Compensation Fund Committees; reduce the size of the Board from fifteen Directors to eleven Directors by reducing by one the number of Directors appointed by the Minister, appointed by the Association of Canadian Travel Agencies, appointed by the Canadian Association of Tour Operators and elected by Registrant Members; referencing a Competency Matrix as part of its criteria for board members; increasing the term of appointed directors; decreasing the term of elected directors; clarifying some of the financial provisions; clarifying the definition of “associated with” and eliminating the definition of “Trustees”; removing transition provisions and updating section numbers as a result of the above changes; and
     
  5. transacting such other business as may properly come before the meeting.

Only members in good standing are entitled to participate in and vote at the meeting.  Members of the public are invited to attend.

Written notice must be received by the Secretary on or before May 11, 2018, of any motions to be made at the Annual Meeting.

Members who will not be attending the meeting are invited to submit written requests for proxies.  Copies of the audited financial statements as at and for the fiscal period ended March 31, 2018 will be available at the Annual General Meeting and may be requested in writing prior to the meeting.   

DATED at Mississauga this 21st day of March 2018.

On behalf of the Board of Directors

Tracey McKiernan   
Secretary