industry founded 1969 headquarters 111 peter street toronto canada key people michael merrithew ceo parent merit travel group website travelcuts.com travel cuts doing business under the style travelcuts french voyages campus is a canadian travel agency catering to student youth educational and budget travellers . under its original ownership travelcuts was operated as a hybrid commercial enterprise and non profit organization . 1 travelcuts is currently owned and operated by merit travel group . contents 1 operations 2 history 3 references 4 external links operations edit travelcuts was founded with the purpose of providing discounted travel and international student identity cards to students ; however it has since expanded to serve the general public as well . 1 travel cuts operates 19 locations in canada often on or near university and college campuses cuts was originally an acronym for canadian university travel service . 2 in 2014 the on campus locations of travelcuts we re re branded to join the flagship retail travel brand merit travel . travelcuts became a full service travel call centre and online travel agency . in the province of quebec the company operates as voyages campus . travel cuts also owns and operates several specialty divisions catering to different categories of travellers volunteer abroad student work abroad innovative group travel history edit travel cuts had its origins in the 1950s with travel services offered by the now defunct canadian union of students cus through an unincorporated operation . 2 after the cus dissolved in 1969 a group of ontario university student councils formed the association of ontario student councils which took over the operation of the student travel service . 1 2 in the next few years the association of ontario student councils expanded across canada and came to be called the association of students councils aosc . 2 as a result of legislation passed by the canadian government requiring airline tickets to be sold through travel agents citation needed in 1974 the aosc incorporated a wholly owned subsidiary canadian university travel services limited cuts . 2 in 1979 cuts established its student work abroad program swap which is still in operation . 2 swap assists students to obtain the necessary documentation to travel and work in foreign countries . in 1981 the canadian federation of students cfs was founded and replaced a large number of provincial and national student organizations . 2 after its creation cfs incorporated a separate division cfs services which took over operation of the services previously operated by the aosc including cuts . 2 at that time cuts adopted the trade name travel cuts . 2 in 1996 the university of western ontario university students council initiated a lawsuit against cfs services alleging that it illegally transferred assets from the aosc to itself at a 1987 meeting . 3 the student societies of three other universities alma mater society of the university of british columbia queen s alma mater society and university of alberta students union later joined the suit as co plaintiffs . 3 the parties settled the action out of court resulting in the plaintiffs acquiring a minority interest of the shares of travel cuts and two seats on its board of directors . 4 as a result the cfs held 76 % of the shares and the canadian student horizons group the plaintiff student groups held 24 % . 1 travel cuts went into receivership on october 23 2009 and several offices in canada closed . 5 on october 26 2009 merit travel group a privately held canadian travel company purchased travel cuts . 6 7 references edit a b c d quarter jack ; mook laurie ; armstrong ann 2009 . understanding the social economy a canadian perspective . toronto toronto university press . p. 71 . isbn 978 0 8020 9695 1 . a b c d e f g h i canadian federation of students services 1982 11 08 . chronological history pdf . canadian federation of students services . retrieved 2011 06 18 . a b smusiak cara 2006 03 03 . travel cuts lawsuit settled . queens journal . queens university . retrieved 2008 08 16 . shearon kimberley 2006 03 03 . travel cuts suit settled . the charlatan . retrieved 2008 08 31 . canadian federation of students services november 2009 . cfs national executive report pdf . canadian federation of students services . retrieved 2013 04 20 . acquisition press release 1 travel cuts about us external links edit travel cuts voyages campus merit travel group retrieved from https en.wikipedia.org w index.php title travel cuts & oldid 644161981 categories 1950s establishments in canadacompanies established in 1974travel agenciestravel and holiday companies of canadahidden categories all articles with unsourced statementsarticles with unsourced statements from june 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 25 january 2015 at 22 08 . text is available under the creative commons attribution sharealike license ; 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