In 1999, an international consortium comprised of Concesiones de Infraestructuras de Transporte (CINTRA), SNC-Lavalin (SNC) and Grupo Ferrovial (Ferrovial) was awarded a C$3.1 billion bid for the concession of Highway 407 in Ontario. The consortium was to own and operate the 69 kilometers of the toll Highway 407 that was already in service and to design, build, own, and operate the 15-kilometer eastward and the 24-kilometer westward extensions. C$900 million was added to the bid to cover construction costs, debt service, and working capital, making a total transaction of approximately C$4.0 billion under the 99-year concession. SNC-Lavalin and Ferrovial-Agroman Internacional SA were the engineering, procurement, and construction (EPC) contractors.
The Ontario Highway 407 also used only electronic toll roads, which was ground-breaking at the time and minimized user distraction.