John the Fisherman Posted August 27, 2010 Report Share Posted August 27, 2010 Take the 407 to the TSX, and invest. You'll be driving for next to nothing. http://www.theglobeandmail.com/report-on-business/canadian-pension-plan-set-to-buy-australian-toll-road-firm/article1687035/ Link to comment Share on other sites More sharing options...
Guest Johnny Bass Posted August 27, 2010 Report Share Posted August 27, 2010 (edited) Take the 407 to the TSX, and invest. You'll be driving for next to nothing. http://www.theglobeandmail.com/report-on-business/canadian-pension-plan-set-to-buy-australian-toll-road-firm/article1687035/ Hey, I'd rather the Canadian Pension have a share then some foreign company! If you read the comments, 30% share is selling for 3.4 Billion and from what I understand, the entire 407 was sold for 1 billion??? Sounds like a solid investment for CPP, since traffic will continue to increase.(editted:But I think the figure is too much) But can you imagine the revenue it would have been producing for the province if it was never sold? But I guess Harris felt the need to put some quick cash in his pocket! Edited August 27, 2010 by Johnny Bass Link to comment Share on other sites More sharing options...
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