407 ETR operates Highway 407 ETR, an all-electronic open-access toll highway serving the Greater Toronto Area under a 99-year Concession Agreement with the Province of Ontario. The system eliminates traditional toll booths - vehicles with transponders pass through without stopping, with tolls assessed electronically. Since 1999, the operation has expanded to nearly double lane capacity, with over $1.6 billion invested in extensions and infrastructure improvements across the 53-kilometer route from Burlington to Pickering.
The technical infrastructure centers on electronic tolling systems and transponder technology. 407 ETR designs and manufactures approximately 2 million active transponders at its Mississauga facility, managing the hardware ecosystem that enables frictionless tolling at scale. The core systems stack includes real-time vehicle detection, transponder communication protocols, toll calculation and billing engines, and traffic management infrastructure across a high-volume regional corridor.
Security and operational resilience are inherent to the business model. An all-electronic toll system eliminates cash handling and booth infrastructure but introduces dependency on transponder authentication, communications integrity, and billing system availability. The operation processes transactions daily across thousands of vehicles, requiring robust systems for transaction processing, fraud detection, and infrastructure monitoring. 407 ETR is majority Canadian-owned through a consortium of institutional investors including Cintra, CPP Investments, and PSP Investments.