The decision to privatize the 407 years back was short-sighted and expensive to the people of Ontario.
Tolls on highways, that’s something I’d like to see more of. But to turn that revenue stream over to a private company is to give away the store. Tolls have nowhere to go but up, rapidly. And on the 407 they have. Those who don’t pay the high cost of using the 407 end up using other nearby highways, highways that are paid for by taxpayers. Although private, the 407 is still being indirectly subsidized by taxpayers.
Let’s admit the mistake and buy back this public asset.