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Ontario announces plans to extend Highway 427


May 16, 2013
By Aggregates and Roadbuilding

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May 16, 2013, Toronto, Ont. – Ontario Premier
Kathleen Wynne announced the government's commitment to extend Highway 427 to
Major Mackenzie Drive, connecting communities and supporting thousands of jobs
throughout York Region.

May 16, 2013, Toronto, Ont. – Ontario Premier
Kathleen Wynne announced the government's commitment to extend Highway 427 to
Major Mackenzie Drive, connecting communities and supporting thousands of jobs
throughout York Region.


The 6.6 kilometre extension is included in the
2013 Budget, which is pending government approval. It is part of the
government's commitment to make smart infrastructure investments across the
province. This extension would help create jobs and strengthen the economy by
helping goods and people to move more efficiently.


Investing in modern infrastructure is part of
the government's six-point strategy to create jobs, help Ontario create a
competitive business environment and help people in their everyday lives.


 


QUICK FACTS


   If
the Budget bill is passed and proclaimed, construction on the Highway 427
extension would begin in 2016/17.


   The
project includes three new interchanges, nine bridges and protection for a
future transitway and transit stations along the west side of the highway.


   Since
2003, the government has invested approximately $85 billion in public
infrastructure.


   Planned
investments in Ontario’s highways support more than 25,000 jobs on average in
each of the next three years.


   The
Conference Board of Canada recently found that each $100 million of public
infrastructure investment in Ontario boosts GDP by $114 million, particularly
in the construction and manufacturing sectors.