TICO to administer unpaid claims from clients of C3 Holidays Print E-mail
Friday, 18 June 2010 09:30

TORONTO — Ontario travel agencies with clients still owed money from the failure of Canada 3000 Holidays may want to check the Travel Industry Council of Ontario website.

The Ontario Superior Court of Justice approved the discharge of PricewaterhouseCoopers Inc. (PWC) as the Judicial Trustee of C3 Leisure Limited o/a Canada 3000 Holidays and appointed TICO to administer the funds remaining in the trust account.

Prior to its discharge, PWC held funds in trust for distribution to legitimate claim holders of Canada 3000 Holidays. Over the years, PWC lost contact with many claimants, where refund cheques were returned and all efforts to locate claimants proved unsuccessful.

Currently $282,062.37 related to 1,035 claims remains unclaimed in Ontario.

TICO has set up a process by which clients can submit a Refund Application against C3 Leisure Limited trust funds to TICO. In order to claim, consumers must have purchased their Canada 3000 Holidays travel services from Ontario travel agencies and have previously filed a claim with the Trustee, which was approved but not paid in full.

PWC has provided TICO with a list of the individuals who have an outstanding refund due to them. The list of claimant names may be found on TICO’s website at www.tico.ca. Only individuals whose names appear on the list provided by PWC and who have an outstanding claim against the C3 Leisure Limited trust funds may file a Refund Application.

Clients can obtain a Refund Application by calling (905) 624-6241 or 1-888-451-TICO (8426) or by downloading an application at www.tico.ca. The filing deadline to submit a refund application to TICO is Nov. 18, 2012.

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