Steve X
Senior Member
I believe they are pretty much at the maximum designed weight allowed for the overpasses that carry the highway. They couldn't widen it anymore. The 407ETR is also responsible for paying for all the lanes they add to the highway. This might not be as successful if MTO still owned the highway as people will get angry at the high rates and thus Queens Park can't afford to widen the highway as much as the 407 ETR did. So the 407 might end up with more congestion if MTO still owned it. The 407 wasn't completed at the time of the sale. Part of the contract was for the 407 ETR to finish off the highway with their own funds. There was a fuss about lower standards on those sections built. So a couple of billion was invested on the 407ETR after the sale and still is today.As part of the lease the 407ETR was granted the right to increase lanes as the volume of traffic increased (but only when specified demand warrants it). Future growth of lanes depends on the term on the contract. I assume that the contract has a set maximum amount of lanes/space that they can occupy (but I have not read the contract to know if that is true or the number of lanes they can grow to).
Remember, the 407ETR was sold when there was virtually zero volume on it and as such the bidders had no guarantee of income. Hence the favourable terms of the contract. The province was so worried about volume they specified that the 407ETR had to pay them if there was not enough traffic (goal was to de-congest the 401)
Meanwhile they are widening the highway in the Pickering part of the 407ETR to match the 6 lane highway of the 407 EAST. https://www.407etr.com/en/highway/highway/construction-update.html
With the 30 year maintenance contract, all investments would be MTO's responsibility. MTO would have to budget for any new lanes on the 407 EAST, new interchanges or any other construction cost.