RPRA Announces Consultation on Distribution of the OTS Surplus

The Resource Productivity and Recovery Authority is consulting on Ontario Tire Stewardship’s (OTS) plan to return remaining Used Tires Program surplus funds to stewards. The plan was developed by Grant Thornton Limited, the court appointed OTS liquidator, as a Surplus Funds Addendum to the Used Tires Program Wind-Up Plan. The proposed addendum includes:

• which tire classes are eligible to share in the surplus
• a proposed methodology to allocate funds to stewards
• a proposal to address the Minister of the Environment, Conservation and Parks’ direction that the surplus funds returned to stewards be used to benefit consumers

You can review the proposed addendum and provide your feedback between January 29 and February 26, 2021. Learn more about the consultation process.

The Authority is hosting a webinar on Thursday, February 11, 10:00 to 11:30 a.m. to present the proposed addendum, answer questions and solicit feedback from stakeholders. 

Register for the Webinar

Stakeholders can also submit their feedback via email to  [email protected]. All feedback must be received by the Authority on or before Friday, February 26, 2021.

Source: RPRA