Premier Doug Ford has assured Ontario residents that “anything and everything is on the table” when it comes to solving the GTA’s torturous…
Source: Ontario may still re-acquire 407 ETR to fix gridlock
sadly, no cost fta:
He noted that taxpayers collectively dole out more than $1.4 billion each year to use the roadway, which is not nearly as packed as other arteries because of its fees — fees that go to indirectly owned subsidiaries of the Canada Pension Plan Investment Board, Spain-based Cintra Global S.E., and AtkinsRéalis Canada Inc., who comprise the 407 ETR Concession Company Limited.
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The expressway spans 151 km across the Toronto area, from Burlington to Clarington, in two sections. The first portion, formally the 407 ETR, is 108 km long and is owned by the aforementioned private consortium. The provincial government holds the smaller second chunk, referred to as just Highway 407.
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and this explains the difference between 407ETR (the original 407, now owned by a cosnortium, thanks to ???? selling it) and the Ontario=-owned 407 (from Brock Rd. to 115/35)
Phase 1 of a provincially owned and tolled extension of the route, known solely as Highway 407 (not Highway 407 ETR), opened to traffic from Brock Road in Pickering to Harmony Road in Oshawa on June 20, 2016. Included as part of this extension was the construction of a tolled north–south link between Highways 401 and 407, known as Highway 412.[6] Phase 2 later extended the provincially owned portion of Highway 407 to Highway 35 / Highway 115 in Clarington. This construction was completed in two stages, with Phase 2A opening on January 2, 2018, as a 9.6 km (6.0 mi) extension to Taunton Road,[7] and Phase 2B opening on December 9, 2019, as a 23.3 km (14.5 mi) extension to Highway 35 and Highway 115. Included as part of this extension was the construction of another tolled north–south link between Highways 401 and 407, known as Highway 418.[8]
