Ontario Premier Doug Ford says he hasn’t met with executives in charge of the secret road after making initial inquiries about buying back regions of Highway 407 to ease congestion around Toronto. Ford claimed he had not spoken with the Highway 407 technicians but that it was a discussion he needed to have when he spoke to reporters on Thursday afternoon. The top said,” I don’t know yet, but I think it’s time to sit down with them and consider all of the choices.” In September, Ford first openly discussed the possibility of acquiring Highway 407, which the provincial government had previously sold into a private contract. Ford claimed in a television interview that he had considered making an offer for the road but instead chose not to. ” We’ve thought of that as well”, Ford said. According to Ford, Highway 407 is now “worth approximately$ 35 billion,” but the government decided not to fork out to buy it back because of studies completed internally that indicate” all the 400 series highways are going to be at full capacity” in the next quarter-century.” Previous government sold it off for$ 2.3 billion, which was the biggest mistake I’ve ever seen.” Afterward, at the end of November, the Ministry of Transportation said it had been “in conversation” with Highway 407 but didn’t disclose details of what those meetings involved. Ford did not give specifics about the options that might be on the table, including subsidizing the fees imposed on some vehicles or buying the equipment back entirely, despite saying on Thursday that he wanted to meet with the burdens highway’s executives. Job on Ford’s another key strategy to combat congestion, an road tunnelled beneath Highway 401, is also getting closer to becoming a fact. Trending Then
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The first step in the study of that task, according to a spokeswoman for the Ministry of Transportation, may begin in a few days. ” As we’ve said, we’ll get moving forward with a business feeling which will be happening the next couple of weeks”, they said. In September, Ford’s plan to study the idea to see how much it had cost and how it could operate was revealed. The plan was to examine the concept and how it might work. The top claimed on Thursday that the strategy was something he wants to continue but was not a piece of cake. ” Zero is 100 per cent but we’re pushing forwards, we want to get the economic analyses done, we want to make sure we’re working with Metrolinx because it’s not just the path, we’d like to throw a bridge line down the centre”, he said. Following the market sounding exercise, companies asked to submit bids for the study. Eventually, that process would lead to a report that will help inform the government’s final decision. &, copy 2025 Global News, a division of Corus Entertainment Inc.
