Minister of the Environment, Conservation and Parks has issued a new direction letter to Stewardship Ontario and the Resource Productivity and Recovery Authority (RPRA) clarifying how MHSW residual funds should be managed once the program winds up on June 30, 2021.
clarifies that all residual funds remaining once the program ceases operating and all financial obligations have been accounted for should be returned to stewards. This applies to stewards managed by Stewardship Ontario, and those managed through industry stewardship plans.
Stewardship Ontario will make revisions to its MHSW Wind Up Plan to address the new direction on residual funds. The Minister expects RPRA to approve the revisions no later than February 29, 2020. The new direction is not expected to affect the the Wind Up Plan's proposed implementation timelines.