• Avid Amoeba
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    1 year ago

    https://en.wikipedia.org/wiki/Ontario_Highway_407?wprov=sfla1

    As of August 2022 and unchanged since 2019, ownership of the 407 ETR Concession Company Limited (“407 ETR”), the operator/manager of the highway, is as follows:

    • 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%
    • SNC Lavalin 6.76%

    Technically it’s majorly Canadian-owned when you add SNC and CPP’s ownership. Doesn’t change the rest of the point much.