Economic Impacts of Highway 407 ETR
Highway 407 ETR is a route that provides drivers in the Greater Toronto and Hamilton Area (GTHA) with a congestion-free alternative for East-West travel for a toll. Operated by 407 ETR since 1999, it provides transportation across the leading region for job creation in Ontario, contributing to better connectivity and improved flow of people and goods. This study aims to quantify the economic…
The challenge
<p>Highway 407 ETR is a route that provides drivers in the Greater Toronto and Hamilton Area (GTHA) with a congestion-free alternative for East-West travel for a toll. Operated by 407 ETR since 1999, it provides transportation across the leading region for job creation in Ontario, contributing to better connectivity and improved flow of people and goods. </p> <p>This study aims to quantify the economic benefits from the use of Highway 407 ETR, as well as the economic impacts of its operation and investments by 407 ETR. This analysis was conducted using CANCEA’s socio-economic simulation platform and outputs from the GTHA Emme Network model calibrated to reflect changes in traffic volumes and speeds due to changing toll levels.</p> <div class="elementor-element elementor-element-cf20230 elementor-widget elementor-widget-button" data-id="cf20230" data-element_type="widget" data-widget_type="button.default"> <div class="elementor-widget-container"> <div class="elementor-button-wrapper"> <a href="https://beta.cancea.ca/wp-content/uploads/2022/11/Economic-Impacts-of-Highway-407-ETR.pdf" target="_blank" class="elementor-button-link elementor-button elementor-size-sm" role="button" rel="noopener"> <span class="elementor-button-content-wrapper"><span class="elementor-button-text">Download the Report</span></span> </a> </div> </div> </div>
The approach
Key results
Source
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