TORONTO—Stewardship fees on passenger, light truck and medium truck tires will decrease May 1, according to Ontario Tire Stewardship.
Passenger and light truck tire fees will fall to $4.75 from the previous $5.43 for every new tire sold, according to OTS, the not-for-profit organization that manages Ontario's Used Tires Program.
Fees for medium truck tires will be set at $12.95, down from the previous $14.65, OTS said.
This is the third straight year OTS has reduced stewardship fees, according to OTS Executive Director Andrew Horsman.
“This is a great accomplishment, and reflects Ontarians' support of the program and our organization's commitment to keep the program running efficiently,” Horsman said.
Under the provisions of Ontario's Waste Diversion Act, OTS calculated 2015 stewardship fees using the actual quantities of new tires supplied in 2014 and the actual cost of collecting, transporting and recycling tires during the year, OTS said.
OTS uses tire stewardship fees for fund the collection, transportation and processing of scrap tires. They also help fund the manufacture of recycled rubber goods.
“OTS envisions a self-sustaining tire recycling industry in Ontario, and these latest fee reductions signal that we are one step closer to that reality,” the organization said in an April 28 press release.