Latest news with #407ETR
Yahoo
6 days ago
- Business
- Yahoo
Canadian toll firm hires US construction exec as CEO
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Jose Espinosa is taking the reins as president and CEO of toll highway company 407 ETR, according to a news release from the Woodbridge, Ontario-based firm. He brings to the role more than 25 years of international experience in tolling and highway infrastructure across the U.S., Canada, Europe and Australia. Espinosa succeeded Javier Tamargo, who served as president and CEO since September 2020, on July 16. Tamargo is now CEO of Austin, Texas-headquartered highway firm Cintra US, a subsidiary of Amsterdam-headquartered civil engineering company Ferrovial. Espinosa also joined the 407 ETR board of directors this month. His appointment is a return to the firm: Between 2009 and 2016, Espinosa worked as corporate shareholder liaison and reporting manager, and later as project director for Highway 407 ETR East operations, per the release. Espinosa recently served as CEO of three North Texas highways — the Lyndon B. Johnson Expressway, North Tarrant Express and North Tarrant Express 35W — where he worked to increase capacity and connectivity on main arteries in the Dallas-Fort Worth area, per the release. Prior to that, he served as CEO at I-77 Mobility Partners in Charlotte, North Carolina. Previously, Espinosa also worked at Ferrovial, starting in 2000 as an analyst in the corporate treasury department and progressing through several management positions at Madrid-based Cintra, according to his company biography page. "Mr. Espinosa comes with a proven track record in complex infrastructure management and is well positioned to lead 407 ETR through its next phase of growth and operational excellence. His global experience will be instrumental as we continue to drive innovation, enhance the customer experience, and deliver long-term value to our stakeholders," said 407 International Board Chair David McFadden in the release. Recommended Reading Sundt promotes from within for Southwest division leader Sign in to access your portfolio
Cision Canada
16-07-2025
- Business
- Cision Canada
Jose Espinosa appointed as President & CEO of 407 ETR
Mr. Espinosa brings over 25 years of infrastructure leadership to the role TORONTO, July 16, 2025 /CNW/ - 407 ETR is pleased to announce the appointment of Jose Espinosa as President & CEO, effective July 16, 2025. Mr. Espinosa succeeds Javier Tamargo who has served as President & CEO since September 2020. Mr. Espinosa brings more than 25 years of international experience in tolling and highway infrastructure across Canada, Europe, Australia and the United States. He recently served as CEO of North Texas Highways: Lyndon B. Johnson Expressway, North Tarrant Express and North Tarrant Express 35W. In this role, he spearheaded multiple projects to increase capacity and connectivity while reducing congestion on main arteries serving the Dallas-Fort Worth community. Prior to that, he served as CEO at I-77 Mobility Partners in Charlotte, North Carolina. "Mr. Espinosa comes with a proven track record in complex infrastructure management and is well positioned to lead 407 ETR through its next phase of growth and operational excellence. His global experience will be instrumental as we continue to drive innovation, enhance the customer experience, and deliver long-term value to our stakeholders," says David McFadden, Chair of the Board, 407 International. "On behalf of the 407 International Board, we thank Mr. Tamargo for his exceptional leadership during the challenging times of the pandemic. His contributions have helped position 407 ETR for continued success in a rapidly evolving transportation landscape." Learn more about 407 ETR's leadership team at Fast Facts Mr. Espinosa is a seasoned executive with over 25 years of global experience. He recently served as CEO of three highways in Dallas-Fort Worth, Texas. Prior to his role in Dallas, he held CEO positions at I-77 in Charlotte, USA; Western Netflow Western Roads Upgrade in Melbourne, Australia; and Autema in Barcelona, Spain. Mr. Espinosa's appointment marks a return to 407 ETR. Between 2009 and 2016, he held positions as Corporate Shareholder Liaison & Reporting Manager, and later as Project Director for Highway 407 ETR East operations. Mr. Tamargo has been appointed CEO of Cintra US. About 407 ETR Highway 407 ETR is an all-electronic open-access toll highway located in the Greater Toronto Area in Ontario, Canada. The highway spans 108 kilometres from Burlington in the west to Pickering in the east. 407 International Inc. is the sole shareholder of 407 ETR and is owned by: Cintra Global S.E., a subsidiary of Ferrovial S.A. (48.29%) Canada Pension Plan Investment Board (CPP Investments) and other institutional investors (44.20%) Public Sector Pension Investment Board (PSP Investments) (7.51%)
Associated Press
08-07-2025
- Business
- Associated Press
407 ETR Celebrates Collaboration with Credit Valley Conservation Foundation at the Crane Gathering Space
407 ETR has been a long-standing sponsor of the Credit Valley Conservation Foundation and has donated over $160,000 since 2018 TORONTO, July 8, 2025 /CNW/ - 407 ETR is proud to celebrate a meaningful milestone in its long-standing collaboration with Credit Valley Conservation Foundation (CVCF) and Credit Valley Conservation (CVC), marked by the unveiling of the Crane Gathering Space at Island Lake Conservation Area. Since 2018, 407 ETR has contributed over $160,000 to support conservation and community initiatives across the Credit River Watershed, including a 100-kilometre pathway and the Crane Gathering Space at Island Lake Conservation Area. The Crane Gathering Space is the first Indigenous placemaking site along the Credit Valley Trail. It was developed by the Credit Valley Trail Indigenous Roundtable, an Indigenous-led committee with representation from the Mississaugas of the Credit First Nation, Cree and Huron-Wendat First Nations, in collaboration with CVC and CVCF. The inspiration for this space comes from the Ajijaak Dodem (Crane Clan), in Anishinaabe tradition, the Ajijaak is known as an 'echo maker' and is the speaker for the clans. The sandhill crane uses Island Lake Conservation Area as a stopover site during its annual migration. '407 ETR is honoured to support the creation of the Crane Gathering Space and to stand alongside our partners in honouring Indigenous culture and environmental education,' says Javier Tamargo, President & CEO, 407 ETR. 'Our investment in the Credit Valley Trail and Indigenous placemaking reflects our broader commitment to connect the natural spaces that define our region.' Representatives from 407 ETR joined CVCF and CVC at Island Lake Conservation Area in Orangeville to celebrate the opening of the space, which serves as a place of cultural connection, reflection and learning for all visitors. 'We are deeply grateful to 407 ETR for their steadfast commitment to sustainability, community investment, and environmental stewardship,' says Terri LeRoux, Interim Chief Administrative Officer, Credit Valley Conservation. 'Their generous support since 2018 has been crucial in advancing key initiatives such as the Credit Valley Trail, land securement, and Indigenous placemaking. As we celebrate with 407 ETR the Crane Gathering Space, the first Indigenous placemaking site along the trail, we also celebrate both a meaningful step forward in reconciliation and the strong partnership that makes this work possible. Together, we are building a legacy of connection, conservation, and community that will benefit generations to come.' '407 ETR's generous partnership is essential to advancing the Foundation's mission to protect and connect the natural spaces within the Credit River Watershed,' says Dayana Gomez, Executive Director, Credit Valley Conservation Foundation. 'Their ongoing support not only drives critical conservation projects but also reinforces our shared commitment to environmental stewardship and Indigenous reconciliation. As we celebrate 407 ETR's generosity, we invite other community partners to join us in this vital $10 Million Campaign—together we can build a lasting legacy while ensuring a resilient, thriving watershed for generations to come.' For more information about how 407 ETR supports communities in the GTA, visit To learn more about the Credit Valley Trail and how to support the campaign, visit Fast Facts: About 407 ETR Highway 407 ETR is an all-electronic open-access toll highway located in the Greater Toronto Area in Ontario, Canada. The highway spans 108 kilometres from Burlington in the west to Pickering in the east. 407 International Inc. is the sole shareholder of 407 ETR and is owned by: About Credit Valley Conservation (CVC) Credit Valley Conservation (CVC) is a local conservation authority established by the Ontario government in 1954 to protect, restore and enhance the natural environment of the Credit River Watershed. That watershed is the area of land where all rainfall, snowmelt and runoff drains ('sheds') into lands and waters flowing into the Credit River. CVC creates connections between people and nature, knowledge and action. It inspires a deep appreciation for the role of nature in keeping people connected, healthy and happy. CVC is a member of Conservation Ontario. About Credit Valley Conservation Foundation Credit Valley Conservation Foundation is a registered environmental charity working to help protect and conserve the lands and waters of the Credit River Watershed. The Foundation accomplishes this by raising funds in support of the valuable conservation projects carried out by Credit Valley Conservation (CVC) that protect the health and well-being of the flora and fauna, the watershed and its inhabitants for today and tomorrow. CVC inspires a deep appreciation for the role of nature in keeping people connected, healthy and happy. SOURCE 407 ETR Concession Company Limited
Cision Canada
08-07-2025
- General
- Cision Canada
407 ETR Celebrates Collaboration with Credit Valley Conservation Foundation at the Crane Gathering Space
The Crane Gathering Space is the first Indigenous placemaking site along the Credit Valley Trail. It was developed by the Credit Valley Trail Indigenous Roundtable, an Indigenous-led committee with representation from the Mississaugas of the Credit First Nation, Cree and Huron-Wendat First Nations, in collaboration with CVC and CVCF. The inspiration for this space comes from the Ajijaak Dodem (Crane Clan), in Anishinaabe tradition, the Ajijaak is known as an 'echo maker' and is the speaker for the clans. The sandhill crane uses Island Lake Conservation Area as a stopover site during its annual migration. "407 ETR is honoured to support the creation of the Crane Gathering Space and to stand alongside our partners in honouring Indigenous culture and environmental education," says Javier Tamargo, President & CEO, 407 ETR. "Our investment in the Credit Valley Trail and Indigenous placemaking reflects our broader commitment to connect the natural spaces that define our region." Representatives from 407 ETR joined CVCF and CVC at Island Lake Conservation Area in Orangeville to celebrate the opening of the space, which serves as a place of cultural connection, reflection and learning for all visitors. "We are deeply grateful to 407 ETR for their steadfast commitment to sustainability, community investment, and environmental stewardship," says Terri LeRoux, Interim Chief Administrative Officer, Credit Valley Conservation. "Their generous support since 2018 has been crucial in advancing key initiatives such as the Credit Valley Trail, land securement, and Indigenous placemaking. As we celebrate with 407 ETR the Crane Gathering Space, the first Indigenous placemaking site along the trail, we also celebrate both a meaningful step forward in reconciliation and the strong partnership that makes this work possible. Together, we are building a legacy of connection, conservation, and community that will benefit generations to come." "407 ETR's generous partnership is essential to advancing the Foundation's mission to protect and connect the natural spaces within the Credit River Watershed," says Dayana Gomez, Executive Director, Credit Valley Conservation Foundation. "Their ongoing support not only drives critical conservation projects but also reinforces our shared commitment to environmental stewardship and Indigenous reconciliation. As we celebrate 407 ETR's generosity, we invite other community partners to join us in this vital $10 Million Campaign—together we can build a lasting legacy while ensuring a resilient, thriving watershed for generations to come." For more information about how 407 ETR supports communities in the GTA, visit To learn more about the Credit Valley Trail and how to support the campaign, visit Fast Facts: This year, 407 ETR proudly sponsored the Little Native Hockey League tournament in Markham with $180,000 in funding and in-kind travel. The Company has donated over $600,000 to support local biodiversity initiatives and is on track to complete $1.8 million investment in environmental initiatives over three years (2023-2025). 407 ETR proudly supports Toronto and Region Conservation Authority's Sugarbush Maple Syrup Festival. Running annually from March to April and attracting over 30,000 attendees, this vibrant event showcases the rich Indigenous origins of maple syrup production, an iconic Canadian staple. Attendees can explore the evolution of maple syrup production, from traditional Indigenous methods to modern techniques. About 407 ETR Highway 407 ETR is an all-electronic open-access toll highway located in the Greater Toronto Area in Ontario, Canada. The highway spans 108 kilometres from Burlington in the west to Pickering in the east. 407 International Inc. is the sole shareholder of 407 ETR and is owned by: Cintra Global S.E. which is a wholly owned subsidiary of Ferrovial S.A. (48.29%); Canada Pension Plan Investment Board (CPP Investments) and other institutional investors (44.20%); and Public Sector Pension Investment Board (PSP Investments) (7.51%) About Credit Valley Conservation (CVC) Credit Valley Conservation (CVC) is a local conservation authority established by the Ontario government in 1954 to protect, restore and enhance the natural environment of the Credit River Watershed. That watershed is the area of land where all rainfall, snowmelt and runoff drains ("sheds") into lands and waters flowing into the Credit River. CVC creates connections between people and nature, knowledge and action. It inspires a deep appreciation for the role of nature in keeping people connected, healthy and happy. CVC is a member of Conservation Ontario. About Credit Valley Conservation Foundation Credit Valley Conservation Foundation is a registered environmental charity working to help protect and conserve the lands and waters of the Credit River Watershed. The Foundation accomplishes this by raising funds in support of the valuable conservation projects carried out by Credit Valley Conservation (CVC) that protect the health and well-being of the flora and fauna, the watershed and its inhabitants for today and tomorrow. CVC inspires a deep appreciation for the role of nature in keeping people connected, healthy and happy. SOURCE 407 ETR Concession Company Limited
Cision Canada
18-06-2025
- Business
- Cision Canada
407 ETR and Canadian Wildlife Federation expand pollinator habitat restoration along Highway 407 ETR corridor and beyond
In 2023, the Company signed onto a three-year, $500,000 sponsorship with CWF to support its Rights-of-Way as Habitat Program. In addition to supporting the planting of native wildflowers and grasses, 407 ETR's funding is helping CWF educate rights-of-way managers about best practices in roadside vegetation management to support the recovery of monarchs, bees, hummingbirds and other pollinator species. "Our collaboration with 407 ETR enables restoration of native meadow habitat along rights-of-way in the GTA," says Carolyn Callaghan, Senior Conservation Biologist, Terrestrial Wildlife at CWF. "By establishing thriving meadow ecosystems, we're helping native pollinator species, like the monarch butterfly, flourish while also enhancing the natural pollination of flowering plants and increasing biodiversity on the landscape." The Pollinator Pathway expansion by Oakvillegreen Conservation Association, located by a roadside at Kingsford Gardens, in the path of monarch migration, is flourishing thanks to the collaboration. With additional native plants added in 2024, the site became more welcoming to pollinators and monarch butterflies were spotted in the fall of 2024. The next few years will be critical for other meadow projects that are in their "creep phase" as the native seeds develop roots to grow into successful plant communities, supporting the monarch butterfly and other pollinators around the GTA. "As stewards of a vital transportation corridor in the GTA, we recognize our responsibility to protect and enhance the biodiversity along our rights-of-way," says Javier Tamargo, President & CEO, 407 ETR. "At 407 ETR, we want to be part of the solution by supporting land restoration efforts in the communities we serve, and it's great to see these spaces turning into thriving ecosystems, contributing to a healthier environment for generations to come." For a full list of project locations, please visit 407 ETR remains committed to exploring new opportunities to promote sustainability and environmental stewardship along the highway corridor and improve its own operations. Learn more about 407 ETR's commitment to environmental, social and governance at Fast Facts: There are over 200,000 kilometres of roadways in Ontario, representing tens of thousands of hectares of vegetated land. Insect abundance has declined by 50 to 90% in North America and Europe. 1 Eight species of native bees are considered at risk in Canada 2 and the population of the monarch butterfly has declined by 75% in North America. GTA residents can support pollinators with native species for their gardens. Native plants have co-evolved with the wildlife of that area and are often their perfect food. They require less maintenance, are less susceptible to disease and pests, and many produce colourful blooms. Learn more at Since 2023, the Company has planted 30,000 native trees along Highway 407 ETR. The Company is supporting Nature Conservancy of Canada's Conservation Intern program with a three-year, $800,000 sponsorship. The program helps prepare the next generation of environmental leaders with real-world, skills-building opportunities to care for natural areas in Ontario. The Company is funding a phytoremediation study with Toronto and Region Conservation Authority (TRCA), Royal Military College and Queen's University. The research is exploring the use of biotechnology and halophyte plants to remediate salt-contaminated soils and reduce the environmental impact of road salt application. 1 Hallmann, C. A., M. Sorg, E. Jongejans, H. Siepel, N. Hofland, H. Schwan, W. Stenmans, A. Mu ller, H. Sumser, and T. Ho rren. 2017. More than 75 percent decline over 27 years in total flying insect biomass in protected areas. PloS one 12:e0185809; Møller, A. P. 2019. Parallel declines in abundance of insects and insectivorous birds in Denmark over 22 years. Ecology and Evolution 9:6581-6587; Sánchez-Bayo, F., and K. A. Wyckhuys. 2019. Worldwide decline of the entomofauna: A review of its drivers. Biological Conservation 232:8-27. About 407 ETR Highway 407 ETR is an all-electronic open-access toll highway located in the Greater Toronto Area in Ontario, Canada. The highway spans 108 kilometres from Burlington in the west to Pickering in the east. 407 International Inc. is the sole shareholder of 407 ETR and is owned by: Cintra Global S.E. which is a wholly owned subsidiary of Ferrovial S.A. (48.29%); Canada Pension Plan Investment Board (CPP Investments) and other institutional investors (44.20%); and Public Sector Pension Investment Board (PSP Investments) (7.51%) SOURCE 407 ETR Concession Company Limited
