Which body does TICO report its findings and operations to?

The Travel Industry Council of Ontario (TICO) functions as the regulatory body for the travel industry in Ontario. It has a mandate to ensure that travel agencies and retailers operate fairly and ethically. Reporting its findings and operations to the provincial government is crucial because the government oversees TICO’s activities and holds the ultimate responsibility for consumer protection in the travel sector. This oversight ensures that TICO adheres to its mandates and maintains industry standards.

While TICO does interact with travel agency associations, the primary accountability rests with the provincial government. The public plays a significant role as the consumer base affected by TICO's regulations, and TICO is indeed committed to transparency and consumer protection, but it does not report directly to the public in a formal sense. Reporting to banks is not part of TICO's operational structure, as its focus is more aligned with regulatory compliance and consumer affairs within the travel industry context.