Ontario Considers Highway 407 Buyback
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Highwaytorontosun
•Ontario considering buying back Highway 407, premier says
63% Informative
Ontario Premier Doug Ford says his government is considering buying back Highway 407.
The Mike Harris government sold the highway in 1999 for $3.1 billion dollars .
The Canada Pension Plan Investment Board now owns 50.01% of 407 ETR , which runs the tolled highway.
Ford is also doubling down on his idea to build an expressway tunnel underneath Highway 401 .
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