Canadian Press/National Post »

The Highway 407 East project in Ontario is being done in two phases as separate public-private partnerships (P3s), however the province will manage and collect the tolls. The $1 billion P3 contract for Phase 1 was awarded to 407 East Development Group (407EDG) and is expected to open late 2015. The $1.2 billion P3 contract for Phase 2 was recently awarded to Blackbird Infrastructure with construction scheduled to start in fall 2015.