The Ontario Minister of the Environment, Conservation and Parks (MOECP) recently issued new directions regarding the use of surplus funds remaining from the wind up of Ontario Tire Stewardship and Ontario Electronic Stewardship. The Ontario Resource Productivity & Recovery Authority has extended consultations on the Wind Up Plan for the two stewardship organizations.
As a result of a ruling by the Canada Revenue Agency, the amount of surplus funds held by Ontario Tire Stewardship (OTS) will be more significant than what was anticipated at the time RPRA approved the Wind-Up Plan.
The Minister issued a letter directing the OTS to amend its Wind-Up Plan to establish a program for the return of the surplus funds they hold to tire consumers. In order to comply with the Minister’s direction, OTS will be holding consultations on options for managing surplus funds.
RPRA has been directed by the Minister to conduct additional consultations on Ontario Electronic Stewardship’s (OES) Wind-Up Plan. The additional consultations will seek feedback on options to ensure that OES’s surplus funds be used for the benefit of Ontario consumers; for example, through a consumer rebate program.
As a result of this direction, RPRA incorporated this topic into our remaining consultation sessions on the OES Wind-Up Plan held on April 9 and April 10. All consultation materials, including the presentation and webinar recording, are available on our website. RPRA has extended the deadline to provide feedback on the Wind-Up Plan to Thursday, April 25 to accommodate this new direction. Feedback will be accepted through the online survey or via email to [email protected].