The object of the project consists of:
In January 2009, the province announced that Highway 407 East would be tolled. The province will retain control and ownership of the highway, and will be responsible for setting the toll rates.
Highway 407 East Phase 1 is under construction and is expected to be open to traffic in late 2015. The first segment of Phase 2, which will run from Harmony Road to Taunton/East Durham Link is expected be open to traffic in 2017, with the remainder to be completed by 2020.