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Connor reiterates position on timeshare protection

Source: The Daily Herald 09 Feb 2015 06:27 AM

Dear Editor,

After having just returned home to Canada after a wonderful holiday at our Timeshare in Guana Bay, I am greatly distressed by the Caravanserai debacle! While one can sympathize with the bank for wanting to recover some funds after a bad investment, the fact remains that the bank should never have accepted investor-owned timeshare assets to support a management loan without investor-owner agreement!

While it is encouraging that Minister of Tourism and Economic Affairs Claret Connor recognizes that it would be a 'colossal error' to ignore consumer protection for timeshare investors, he should recognize that his government's response will be noted by tourists and investors alike in Canada and the United States!

Brian Weller

Ontario, Canada

Claret Connor mentioned 1 time

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