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The Government of Ontario sets and regulates tolls and fees on Highways 407, 412 and 418. 407 ETR establishes the tolls and fees for Highway 407 ETR. Your 407 ETR transponder is valid on any toll highway in Ontario – including Highway 407, Highway 412, Highway 418 and 407 ETR.
Correspondingly, how do you pay for ETR?
- Online.
- Through pre-authorized payments.
- Through your financial institution’s online banking, telephone banking, or at the teller using your 407 account number.
- By cheque.
- By telephone.
- In person at 407 ETR’s Customer Service Centre.
As many you asked, how does toll work in Toronto? Unlike a traditional toll highway, there are NO TOLL BOOTHS to stop at. Overhead cameras are located at all on and off ramps and electronically record the vehicle’s license plate. The toll is then calculated automatically, and a bill is sent to the registered owner of the vehicle.
Considering this, is 407 transponder worth it? Yes, regular users of 407 ETR can definitely save money. Transponder users save the Camera Charge per trip. So, if you plan to make more than three round trips per year, a transponder will save you money. You can save another 48.3% by paying your transponder lease annually instead of monthly!
In this regard, does the 407 go to the 115? The Ontario government has announced the final stretch of Highway 407 — connecting the 407 to Highway 35/115 — and Highway 418 will be open to drivers beginning Monday, December 9th. The Highway 7 East project, a toll road owned by the Ontario government, was originally scheduled to be completed in 2020.
Is there a 408 highway in Ontario?
English: This is the highway shield for Highway 408. While this road’s designation has not been used yet, it is likely it will be used for the Mid-Peninsula Highway in Southern Ontario, as it is the lowest 400-series number available, and runs near a former extension of Highway 8.
How can I pay my 407 bill without account number?
Your account number can be found in the top right corner of your bill. If you don’t know your account number or have not yet received a bill, simply enter your licence plate and province/state and click Continue.
How can I reduce my 407 bill?
407 ETR offers a Financial Hardship Program for qualifying customers who are in Plate Denial and owe in excess of $1000.00 on their account. This program is available to those who cannot afford to pay their outstanding charges in full, are experiencing financial difficulties and require plate renewal at MTO.
What happens if you go on 407 without transponder?
If you choose to use Highway 407 without a transponder, you will be subject to a Camera Charge plus tolls per trip. You may also be stopped by the Ontario Provincial Police and/or Ministry of Transportation Enforcement Officers and be fined.
Can I use my 407 transponder in a rental car?
If a rental car goes on 407 ETR, the rental car company (as the owner of the vehicle) will be sent a bill. … We understand you may want to take the transponder into a rented vehicle. However, as with any sharing of transponders between vehicles, you are responsible for the charges that appear on your 407 ETR bill.
How do I pay my tolls in Ontario?
- online.
- through pre-authorized payments.
- through online banking, telephone banking, or at the teller using 407 account number.
- by cheque.
- in person at 407 ETR’s Customer Service Centre.
Is 427 toll free?
The HOT lanes — electronic toll lanes that require drivers who are alone in their vehicles to pay to use them — will cover 15.5 km in both directions of Hwy. 427 from south of Hwy. 409 to north of Rutherford Rd. The lanes will open in 2021.
How much is the 407 from start to finish?
The Monthly Transponder Lease Fee is $3.95. When a transponder is pre-paid annually, the fee is $24.50. Each additional transponder attached to the account is $1 per month or $9.95 when leased annually (no change from 2019).
Is the 412 free?
King’s Highway 412, or simply Highway 412, is a tolled controlled-access highway in the Canadian province of Ontario. The route is 8.9 km (5.5 mi) long, connecting Highway 401 with the eastern extension of Highway 407.
How much does a 407 transponder save you?
Leasing a transponder annually provides a savings of almost 50% over paying monthly. Where a driver makes more than six trips a year the transponder is paid for by avoiding the $4.20 per trip camera charge.
Can two cars use one transponder?
Yes, you may transfer a transponder between vehicles as long as they are of the same vehicle class. There are penalties for using a transponder in a different vehicle class (i.e. Car transponder in a tractor- trailer.)
How does 407 billing work?
A transponder saves you money by eliminating the Camera Charge that is billed for each trip when our systems take an image of your plate as you enter and exit the highway. A transponder pays for itself after just six trips a year on Highway 407. Get an annual lease that automatically renews for just $23.50 per year!
Is the 407 the most expensive toll road?
The 407’s mission is unblinking: to charge the most lucrative toll rates possible. The highway’s fees are among the world’s highest. Driving 100 km’s on the 407 costs $54 during the evening rush hour. It’s even more expensive if you don’t have a transponder.
Who owns 407 Ontario?
The Company is owned by indirectly owned subsidiaries of Canada Pension Plan Investment Board (total 50.01%), also known as CPP Investments; Cintra Global S.E., a wholly owned subsidiary of Ferrovial S. A. (43.23%); and SNC-Lavalin (6.76%).
Is 407 faster than 401k?
The 407 through Toronto is fast, far faster than the 401 on the same stretches through the city. … It’s double that on the 401. Death rates are also half on the 407. The 401 is a toll road, and even if you rent a transponder the tolls are high.
