Order No. 2022-A-S-40

Licences cancelled effective April 6, 2023

April 1, 2022

SUSPENSION of Licence Nos. 210033 and 210034 – Caspri Ventures Inc. (Licensee).

Case number: 
22-08968
22-08969

The Licensee is licensed to operate a domestic service, small aircraft and a non-scheduled international service, small aircraft.

The Licensee's certificate of insurance on the Canadian Transportation Agency's record will expire on April 1, 2022.

The Licensee will cease to meet the requirement to have the prescribed liability insurance coverage under subparagraphs 61(a)(iii) and 73(1)(a)(iii) of the Canada Transportation Act, SC 1996, c 10 (CTA), unless the prescribed liability insurance coverage is renewed.

Therefore, pursuant to subsection 63(1) and paragraph 75(1)(b) of the CTA, the licence will be suspended at 00:01, Eastern Daylight Time (EDT), on April 2, 2022, unless proof of valid renewal of the prescribed liability insurance coverage is received by April 1, 2022, 23:59, Eastern Daylight Time (EDT).

The licences, if suspended, will be reinstated when the Manager, Licensing and Charters Division is satisfied that the requirements of subparagraphs 61(a)(ii) and (iii) and 73(1)(a)(ii) and (iii) of the CTA are met and provided that the other requirements of paragraphs 61(a) and 73(1)(a) of the CTA continue to be met.

The licences, if suspended, will be automatically cancelled if they are not reinstated within one year from the date of this Order.

Member(s)

Heather Smith
Date modified: