TICO to implement inflationary fee increase for registrants with Ontario gross sales greater than $10 million
January 28, 2026
Mississauga, ONT. – The Travel Industry Council of Ontario (TICO) is announcing a targeted, inflationary adjustment to renewal fees for registrants with sales exceeding $10 million.
For payments due on or after April 1, 2026, TICO will implement a 2.4% inflationary increase on renewal fees, which only applies to registrants with Ontario gross sales greater than $10 million. This adjustment affects about 10% of TICO’s registrant base.
There are no other fee changes being introduced, including for the Compensation Fund. For 90% of registrants, fee rates will be maintained at the levels set in April 2024.
“We recognize that businesses continue to face challenging economic conditions, and we have kept this adjustment as modest as practicable,” said TICO CEO Richard Smart. “TICO remains focused on protecting travel consumers, while being mindful of the financial realities faced by Ontario’s travel businesses.”
A detailed breakdown of the fee change is provided in the table below:
Rates per $1,000 of Gross Sales
|
Bands |
Current Rate |
New Rate |
|
Less than or equal to $10M |
750 |
750 |
|
$10M - $50M |
0.2900 |
0.2970 |
|
$50M - $100M |
0.2700 |
0.2765 |
|
$100M - $250M |
0.2500 |
0.2560 |
|
Greater than $250M |
0.2300 |
0.2355 |
Why is this change being made?
The inflationary adjustment is being implemented to ensure continued sustainability, quality, and reliability of services provided to Ontario’s travel consumers and registrants, in the context of rising operational costs driven by inflation.
For many years, from 2011 to 2024, TICO’s funding levels remained unchanged. While this helped limit short-term increases, it also meant that funding did not keep pace with inflation or the evolving environment of delivering consumer protection and regulatory oversight. As a result, a more significant review and funding realignment took place in 2024.
Coming out of that process, TICO committed to a more proactive funding approach that includes regular reviews and more modest inflation-based adjustments, only when necessary.
Quick facts
- Like many organizations in Ontario, TICO’s operating costs have increased due to inflation. This fee adjustment keeps fees aligned with cost pressures; it does not generate surplus revenue.
- This targeted approach provides for a fee structure that is fair and proportional, without creating undue burden on small and medium businesses.
- There is no fee change for registrants with Ontario gross sales of $10 million or less.
More information
If you have any questions about your renewal fees or Compensation Fund assessments, please contact