Tolls on the 407 ETR, the Canadian province of Ontario’s
only toll road, could increase as much as 9.9 percent during peak hours
starting Feb. 1.
The express toll
route saw a traffic increase in 2005. It is busiest in the northern part of Toronto, designed and
built as an alternate to other congested metro highways. It is privately owned
and operated by Cintra Concesiones de Infraestructuras de Transporte S.A.,based in Madrid, Spain.
Tolls on a typical 15-mile stretch, according to the Toronto Star, will increase from $2.99 to
$3.25 for cars, motorcycles and SUVs during peak periods. No statistics were
given for trucks.
The Ontario Minister of Transportation wants the company to seek
government approval before implementing the increase, but the company holds the
The minimum increase for cars is expected to be 8.7 percent, according
to Cintra, as quoted in Bloomberg News.