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Ontario residents push to halt highway through Greenbelt (www.nationalobserver.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 1 year ago* (last edited 1 year ago) (1 children)

https://en.wikipedia.org/wiki/Ontario_Highway_407?wprov=sfla1

As of August 2022 and unchanged since 2019, ownership of the 407 ETR Concession Company Limited ("407 ETR"), the operator/manager of the highway, is as follows:

Indirectly owned subsidiaries of Canada Pension Plan Investment Board 50.01%

Cintra Global S.E., a subsidiary of Spanish firm Ferrovial S.A. 43.23%

SNC Lavalin 6.76%

Technically it's majorly Canadian-owned when you add SNC and CPP's ownership. Doesn't change the rest of the point much.