Toronto– Placido Calore and 407488 Ontario Ltd. o/a Business & Vacation Travel Planners and Blue Mountain Travel (BMT) plead guilty and were each convicted of the following offences under the Travel Industry Act, 2002 (Act) and Ontario Regulation 26/05 made under the Act (the Regulation).

  1. Five (5) counts of failing to deposit customer funds into the trust account contrary to s. 27(3) of the Regulation.
  2. One (1) count of carrying on business with an unregistered travel agent, Carolyn (Michelle) Solomon, contrary to s. 20 of the Regulation
  3. One (1) count of failing to notify the Registrar, 5 days in advance of closing of its Trust Account, contrary to s. 17(2) of the Regulation.

The following sentence was imposed:

  1. BMT- Fine in the amount of $20,000.
  2. Placido Calore- Fine in the amount of $10,000.
  3. Placido Calore- Pay restitution to consumers in the amount of $13,679.
  4. Placido Calore- Pay restitution to the Travel Industry Council of Ontario in the amount of $31,704, payable as follows:

(a) $7,000 - payable as a lump sum on the day of sentencing;
(b) $24,704 – payable over a period of 24 months;

     5. Placido Calore- Probation Order for a period of 24 months.

Placido Calore was an officer and director of BMT, a travel agent registered under the Act, which operated in Toronto and elsewhere in Ontario. BMT’s registration was voluntarily terminated effective July 31, 2015.

In a related prosecution, TICO has charged Carolyn Solomon, a former employee of BMT, with 18 counts of operating as a travel agent without registration. She is also facing criminal charges of fraud. Both matters are currently before the Court.

Formed in 1997, TICO is a not-for-profit corporation wholly financed by Ontario-registered travel agents and wholesalers.  It administers the Travel Industry Act, 2002 and the Ontario Travel Industry Compensation Fund.  TICO may be contacted at (905) 624-6241 or 1-888-451-TICO.  Visit TICO’s website at or email TICO at This email address is being protected from spambots. You need JavaScript enabled to view it.


For More Information, Media Please Contact:

Mr. Richard Smart, President & C.E.O. or  Dorian Werda, Vice President, Operations
Tel: (905) 624-6241 / Toll Free: 1-888-451-TICO