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Toronto-area toll highway announces rate increase
January 2, 2008
Source: Canadiandriver
Toronto, Ontario - 407 ETR, the toll highway in the Greater Toronto Area, will cost an additional 1.65 cents per kilometre during peak hours as of February 1, 2008. The company said that the rates, combined with more lanes added in 2006 and 2007, will help keep traffic flowing on the highway.
"Highway 407 was built to be an express route which offers a fast, safe and reliable trip," said 407 ETR President and CEO Antonio de Santiago. "We keep traffic moving by adding new lanes and setting toll rates which balance affordability with keeping traffic moving."
Currently, rates on the highway vary based on vehicle size, time of day, transponder use and distance travelled. Starting February 1, peak rates will also vary slightly based on the section or "zone" of the highway travelled. The Regular Zone will be between Highways 401 and 404, the busiest section of the highway where lanes have recently been added. The remainder of the highway is the Light Zone, from the QEW in Burlington to Highway 401, and from Highway 404 to Brock Road in Pickering.
The Regular Zone peak rate for light vehicles (cars, motorcycles and SUVs) will be 19.25 cents per kilometre. Heavy single-unit trucks will be 38.50 cents, and 18-wheel trucks will be 57.75. For light vehicles, peak rates in the Light Zone will be 19.0 cents, and the entire highway will be 18.0 cents during off-peak and night hours.
407 ETR has also announced it will offer a 30 per cent discount on the transponder lease fee to those customers who choose an annual rather than a monthly fee.
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Wow Frost Ur really Quick with all this news stuff 407 Just Updated there site and the 1st time this went public was Dec 28
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well I'm not really that quick, If I find something posted of interest on some sites I go to all the time I'll post it here... if anything I was a little slow as you mention it was made public on the 28th.
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Made public but it was still Hush Hush a notice will be sent out in the 407 Bills starting today and then thats when majority of people will find out
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Love the 407, hate to pay for it.
Gotta pay if your gonna play.
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I just love the fact that they upped the rates effective Feb 1/08 but say zilch in my December bill :rolleyes:
I mean sure they have the right to raise the rates, but a decent amount of notice would be nice :angry:
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meford4u,Jan 2 2008, 08:43 PM Wrote:Love the 407, hate to pay for it.
Gotta pay if your gonna play.
[right][snapback]255430[/snapback][/right]
True dat.
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meford4u,Jan 2 2008, 07:43 PM Wrote:Love the 407, hate to pay for it.
Gotta pay if your gonna play.
[right][snapback]255430[/snapback][/right]
I tell myself that every time I fill the RX-8 :P
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Looks like its time for me to start jackin Dad's transponder again :lol:
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did i read that right? $1.65 ??
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01-04-2008, 01:22 PM
(This post was last modified: 01-04-2008, 01:23 PM by Frost__2001.)
NikiterZTS,Jan 3 2008, 06:49 PM Wrote:did i read that right?ÃÂ ÃÂ $1.65 ??
[right][snapback]255517[/snapback][/right]
yes you did. Makes me glad I don't use the 407, if I have to spend some extra time in traffic to get to where I'm going, then it's worth it to me, as I still think the 407 is run by crooks.
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so glad I don't use the 407, highway robberly :P
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i use it once in a while...but only with the transporder being on......HW 7 is waaaay to packed any time of the day....and 401 is a bit too far from me
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Frost__2001,Jan 4 2008, 03:22 AM Wrote:NikiterZTS,Jan 3 2008, 06:49 PM Wrote:did i read that right? $1.65 ??
[right][snapback]255517[/snapback][/right]
yes you did. Makes me glad I don't use the 407, if I have to spend some extra time in traffic to get to where I'm going, then it's worth it to me, as I still think the 407 is run by crooks.
[right][snapback]255539[/snapback][/right]
ummmm
no you didn't read it right
Quote: an additional 1.65 cents per kilometre
so thats +$0.0165/km
that doesn't seem like it would have any effect on traffic at all
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01-07-2008, 02:40 PM
(This post was last modified: 01-07-2008, 02:46 PM by Frost__2001.)
naz,Jan 5 2008, 07:14 PM Wrote:Frost__2001,Jan 4 2008, 03:22 AM Wrote:NikiterZTS,Jan 3 2008, 06:49 PM Wrote:did i read that right?ÃÂ ÃÂ $1.65 ??
[right][snapback]255517[/snapback][/right]
yes you did. Makes me glad I don't use the 407, if I have to spend some extra time in traffic to get to where I'm going, then it's worth it to me, as I still think the 407 is run by crooks.
[right][snapback]255539[/snapback][/right]
ummmm
no you didn't read it right
Quote: an additional 1.65 cents per kilometre
so thats +$0.0165/km
that doesn't seem like it would have any effect on traffic at all
[right][snapback]255654[/snapback][/right]
Either or I still think it's dumb as they are upping the price every few months on this... the peak thing is bs...
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