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> It's owned by Spanish consortium, and was sold by a previous conservative gov't for a fraction of what it's made in profit, since. It's actually majority own

> It's owned by Spanish consortium, and was sold by a previous conservative gov't for a fraction of what it's made in profit, since. It's actually majority owned by CPP( Canadian Pension Plan). https://en.wikipedia.org/wiki/Ontario_Highway_407#:~:text=As%20of%20August%202022%20and,Spanish%20firm%20Ferrovial%20S.A.%2043.23%25 https://en.wikipedia.org/wiki/Ontario_Highway_407#:~:text=As... > 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%

cmrdporcupine 3y ago
Indirectly owned subsidiaries of Canada Pension Plan Investment Board 50.01%[36][37] Cintra Global S.E., a subsidiary of Spanish firm Ferrovial S.A. 43.23%[36][37] SNC Lavalin 6.76%[36] But the original lease sale was far more skewed: "The Ontario corporation, known as 407 International Inc., was initially owned by the Spanish multinational Ferrovial through their subsidiary Cintra Infraestructuras (61.3%), the Montreal-based engineering firm SNC-Lavalin (22.6%) as well as CDP Capital (16.1%)"