Quick Answer: How Does 407 Billing Work?

Is 407 faster than 401k?

The 407 through Toronto is fast, far faster than the 401 on the same stretches through the city.

According to CANCEA and average 413K commuter trips occur every weekday on the highway.

The trips are smooth and fast with 85% of vehicles travelling at or above 100 km/h..

How does 407 toll work?

Tolls are calculated electronically and are applied to your account. If you travel Highway 407 more than six times a year, a transponder will save you money by avoiding Camera Charges. A Camera Charge is added to every trip that is processed by our licence plate recognition system.

Is the 407 free on weekends?

85 FREE kilometres on Saturdays and Sundays. … 60 FREE kilometres on Sunday Travel. 3¢ off per litre. 120 litres per month.

How much does the 407 charge per km?

Trip ChargesWith a TransponderWithoutToll charge (16.271km @ 47.43 ¢/km)$7.72$7.72Toll charge (-.—km @ –.–/km)$-.–$-.–Trip charge$1.00$1.00Camera charge$0.00$4.201 more row

How long do you have to pay 407 bill?

As outlined in the Act, if a 407 bill is outstanding for 35 days, a notice of failure to pay can be sent to the customer.

How much does the 407 make per year?

407 International Inc. (the “Company”) announced today revenues of $1,390.3 million for the year ended December 31, 2018, compared to $1,267.7 million for 2017. Earnings before interest, taxes, depreciation and amortization (“EBITDA”1) totalled $ 1,210.6 million for 2018 as compared with $1,103.8 million for 2017.

How much does it cost to use the 407?

Complete Fee DetailsFeeLight Vehicle (5,000 kg and under)Heavy Multiple Unit VehicleCamera Charge (Camera Recorded Trip)$4.20 per Trip$50.00 per TripTrip Toll Charge (This is not a per kilometre charge, applicable for trips including travel on 407 ETR only).$1.00 per Trip$3.00 per Trip9 more rows

Does the 407 go to the 400?

King’s Highway 407 (pronounced “four-oh-seven”) is a tolled 400-series highway in the Canadian province of Ontario. … The route interchanges with nine freeways: the QEW, Highway 403, Highway 401, Highway 410, Highway 427, Highway 400, Highway 404, Highway 412, and Highway 418.

Can 407 suspend your license?

407 ETR Collections & Code of Conduct Because there are no barriers, 407 ETR cannot stop someone from using the highway – even if they are significantly in debt. … In addition, 407 ETR can request the Registrar of Motor Vehicles to deny the renewal of existing licence plates and the issuance of new plates.

How do I dispute a 407 charge?

How To Resolve A DisputePlease call 1-888-407-0407 and speak to one of our Customer Service Representatives (CSRs) or you can contact us via web. … If you are not able to resolve the issue with one of our CSRs, you can speak with a Customer Advocate from the Office of the President.More items…

Is 407 free right now?

“There will be a toll-free period on the new Highways 407 and 412 until the new year, allowing drivers to travel on these roads free of charge,” according to a news release from the Ministry of Transportation. … “Following that, tolls will be in place.”

What country owns the 407?

The 407 is owned by Spain’s Cintra Global S.E., a subsidiary of Ferrovial, which owns a 43.23 per cent stake. Indirectly owned subsidiaries of the Canada Pension Plan Investment Board own 40 per cent of the highway, and, once Friday’s deal closes, OMERS will own 10.01 per cent and SNC-Lavalin 6.76 per cent.

What happens if you go on 407 without transponder?

Without a valid transponder, you run the risk of being charged under the Highway Traffic Act. Trips where the entry or exit of a light vehicle is not captured by our systems will have one of following toll calculations applied, in addition to the Trip Toll.

How can I pay my 407 bill without an account?

Log in to your account. By logging in first, all of your information will automatically appear in the fields provided. If you wish to make a secure Online Payment to your 407 ETR account without logging in, click here to pay your bill without logging in.

Why did I get a 407 bill?

Sometimes, our system can misread a character or a symbol on a particular licence plate. If this happens, the wrong customer may be billed for a trip on the 407 ETR. This is exactly it.

Can I use my 407 transponder in another car?

We encourage all our customers to not share transponders between vehicles. In order to avoid additional charges to your account, we recommend that you lease a separate transponder for each vehicle that you plan to use on 407 ETR.

Why is the 407 concrete?

Concrete. … The 407 was originally designed as a bypass for trucks to use so they didn’t have to go through Toronto on the 401, hence the concrete base, as it lasts longer than asphalt with truck traffic. We have concrete roads for the 401 down here in Windsor as well because there is a lot of heavy truck traffic.

What is a 407 enforcement fee?

An Enforcement Fee* of $20.00 for accounts submitted to the Registrar of Motor Vehicles for plate denial in respect of the collection of your account. Effective annual interest rate on overdue accounts is 26.82%.

What happens if you take a toll road in a rental car?

If you’ve rented a car and do not have a transponder, the toll charge will be sent to the vehicle’s owner—the rental car company—which will promptly forward that charge to you, the driver. In addition, that toll charge will be accompanied by an extra administration fee.

What happens if you don’t pay 407 bill?

Customers who don’t pay their 407 bills will see their account accumulate interest at a rate of almost 27 per cent annually and can have their licence plate denied. … The toll road also has programs in place to help customers dealing with financial hardship due to COVID-19.

How do I stop the 407?

Note that on Google Maps you can click on “Show options” right under the destination field and select “Avoid tolls”. Then click on “get directions” again and it will give you directions that don’t use the 407.

Is the 407 expensive?

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. … The Conservative government of Mike Harris and Ernie Eves subsequently privatized the highway for 99 years for a stunningly stupid $3.1 billion.

Does 407 affect credit?

It can affect your credit rating. Any bill can. If you used it, you need to pay it, and you should consider not using it anymore.

Does the 407 send you a bill?

407 ETR sends each customer a bill on a monthly basis. … In all cases, 407 ETR will send all customers a bill to their last known address at least once per year.

Can you claim 407 on taxes?

Only the business use portion of your car expenses can be deducted on your personal income tax return, which includes: … Capital cost allowance (i.e. tax depreciation, at a rate of 30% per year) 407 charges. Parking fees.

Is there HST on 407 toll charges?

407 ETR operates Highway 407 (the “Highway”), a toll highway north of Toronto. … The province initially did not charge GST to the 407 ETR for these services; however, with the implementation of the Ontario HST in July 2010, it began charging HST.

Does the 407 read front plates?

There are three privacy components that set Ontario’s 407 ETR apart from other toll roads. First, the plate recognition system only records the rear licence plate of the vehicle. … The OTCC agreed with the IPC that it was not necessary to obtain pictures of the front plates of passenger cars for toll-collection purposes.

What is the difference between 407 and 407 ETR?

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.