The 407 could likely handle 3, 4 times the capacity it holds right now.
I don't know what the elasticity situation and supply/demand looks like for that highway. I can guarantee you that the owners do, and they've set it accordingly to accomplish their goals ($$). But not necessarily the goals the benefit the city.
For me it's the difference between being able to work at certain employers in the west end of the GTA vs not. The fee, paid daily, would be a big nope to me. And I'm upper middle class.
Ah alright, that makes discussion of this rather complicated. We don't really know what the road would have ever looked like when completed by the Canadian government.
I don't know what the elasticity situation and supply/demand looks like for that highway. I can guarantee you that the owners do, and they've set it accordingly to accomplish their goals ($$). But not necessarily the goals the benefit the city.
For me it's the difference between being able to work at certain employers in the west end of the GTA vs not. The fee, paid daily, would be a big nope to me. And I'm upper middle class.