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this post was submitted on 15 Sep 2026
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Selling the airports is scary. The 407 is said to be the most profitable company in Canada. Selling highway 407 created a constant profit pool that is now too expensive to return to the province. It's doubtful it ever reached its volume promises and this is wasting public resources. High charges keep many away. Will the airports become equally undersubscribed due to sweet spot profit pricing and unusable by everyone driving on the QEW?
With profits going to the Canada Pension plan. How awful.
That's how traffic relief highways work. If it were cheap, it would be full of idiots commuting across Toronto every day and no better than the 401.