TORONTO, Ont. – The Ontario Court of Appeal will allow the Ontario government to appeal the Jan. 6 Ontario Superior Court decision upholding 407 ETR’s right to set tolls.
But 407 ETR officials say they’ll contest the appeal.
Jan. 6 saw Justice Maurice Cullity of the Ontario Superior Court uphold an earlier decision by retired Justice Drew Hudson, Q.C., acting as an independent arbitrator, that 407 ETR is not required to submit a Change Request, nor obtain any other Government approval, in order to change tolls or fees. In particular, Justice Hudson dismissed the province’s argument that the company must file a Change Request before increasing tolls.
The government announced Jan. 21 it would seek leave to appeal Justice Cullity’s decision.
Today, the Court of Appeal agreed to hear the case. 407 ETR expects the hearing to be later this year. “We already have had two decisions in our favour on this dispute,” said Enrique Diaz-Rato, President and Chief Executive Officer of 407 ETR. “However, we remain very confident in our legal position and look forward to having the issue heard by the Court of Appeal as soon as possible.”
407 International Inc. is the sole shareholder, operator and manager of 407 ETR, which extends 108 kilometres east/west, just north of Toronto. 407 International Inc. is owned by a consortium comprised of Cintra Concesiones de Infraestructuras de Transporte, Macquarie Infrastructure Group and SNC-Lavalin.
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