Auditors to Examine Tire Stewardship Spending

Following the Toronto Star’s article that outlined the Ontario Tire Stewardship’s excess spending on fancy meals, hotels and alcohol, auditors have been called to investigate the government-created organization, the newspaper reports.

Auditors will be looking at the organization’s spending, contracts, plans for its $50-million surplus and the allegation that a former executive stole recycling fees, Michael Scott, CEO of Waste Diversion Ontario, told the Star.

Ontario’s two other recycling organizations will also be investigated at for electronics and household hazardous waste – with the tire stewardship being the main priority, Scott said.

Last week, the tire stewardship filed a lawsuit claiming its former chief financial officer Perminder Kandola and other unnamed individuals moved $346,565 in tire recycling fees from a tire importer to a bank account under “Ontario Tire.” The tire stewardship is currently working with authorities, according to tire stewardship executive director Andrew Horsman.

Ascot Supply Corporation, based in Newnan, Georgia, has selected Mark Paquette for the newly created position of vice president. In this position, Ascot Supply said Paquette will oversee the growth of the company's products, corporate profitability, manage marketing and advertising and assume many other responsibilities.

He will work under the direction of current President David Kessler and officially begin his new role on June 3. Paquette joined the tire and automotive industry in the early 1980s at his father's tire shop, and his contributions to Mohawk Rubber Sales were instrumental in the company's growth and eventual sale to Myers Tire Supply in 2021, according to Ascot Supply. Paquette eventually was given a promotion to the role of director of operations at Myers Tire Supply.