Comparing the "Regional Recycling" Depot (Encorp) with the Nanaimo Recycling Exchange
Let’s compare how the corporate non-profit “Regional Recycling” (RR, the more recent brand name for the federally incorporated Encorp) and the Nanaimo Recycling Exchange (NRE) go about their "business." Firstly, the local RR depots are privately owned. They are licenced by the federally incorporated not-for-profit Encorp. So how are they funded? Encorp : Especially in the earlier days, when Encorp's “Return-it” was only a bottle depot, they were given the eco-fees generated whenever someone purchased a bottled beverage. They got to keep 100% of those deposits, even when the container was not given to them for a refund. They amassed large sums of our money ($43 million at its peak). They still get to keep these public funds. In the last year they reported (2016) about three-quarters of all of their income came from the eco-fees charged to us. The rest comes from selling the recyclables and other income. Click here for that information. The NRE has very...