Millions of tonnes of waste are generated each year across Canada, much of which is sent to landfill or incinerated. The Made-in-Ontario Environment Plan and Canada’s zero-waste strategies emphasize material value recovery and competitive and sustainable end-markets as priorities for waste management. Creating a marketplace for hard-to-recycle material including plastic products can help address the problem and move Ontario one step closer to a circular economy.
On August 26, 2020, at 2PM CT / 3PM ET, the Council of the Great Lakes Region will officially launch the Ontario Materials Marketplace Pilot and will host a panel discussion with experts to showcase the marketplace. The panel will explore how the IC&I sector can use the marketplace to find new solutions for challenging waste and by-product materials, and to source recycled feedstocks to help reach recycled content and sustainability goals.
About The Materials Marketplace
Ontario’s Special Advisor on Recycling and Plastic Waste has stated that the province can become a leading processor of recyclables for the Great Lakes region. Pollution Probe is proud to be working with the Council of the Great Lakes Region on the Ontario Materials Marketplace project, which will help Ontario increase material value recovery and establish competitive and sustainable end-markets for hard-to-recycle waste. With the generous support of Environment and Climate Change Canada, and insights and expertise from the United States Business Council for Sustainable Development, The Marketplace will create new reuse and recycling market opportunities for the IC&I sector by allowing:
- Users to find a new life for challenging waste and by-product materials and to source recycled feedstocks.
- Recyclers to amplify the good work they’re already doing to find new customers and end-markets.
- Entrepreneurs to track trends and build new reuse and recycling businesses.
In Ontario, the Industrial, Commercial and Institutional (IC&I) Sector generates a large percentage of the province’s waste, the majority of which is not recycled. This sector includes:
- Hotels and Motels
- Office Buildings
- Multi-Residential Buildings
- Retail Shopping Establishments
- Retail Shopping Complexes
- Educational Institutions
- Large Manufacturing Establishments
The Marketplace is designed to provide cost savings to participants – for instance, through savings from reduced landfill disposal costs and potential availability of cheaper, recycled feedstock. By redefining waste as a resource, the program can help companies achieve their corporate sustainability goals and provide triple bottom line benefits – environmental, social, and economic – for themselves and their communities.