It depends on who is maintaining it, how it's maintained, how easy it is for a competitor to build a new road, and how involved the government is in keeping the status quo. I don't see a benefit to turnpikes in general, but it would depend on the specific road we're talking about. (and I don't know anything about 407) Keep in mind it's not really a "private" road (as in free market) if the government is granting specific companies permission to build and maintain the road. It's like talking about "private prisons" when no such thing exists.
Keep in mind it's not really a "private" road (as in free market) if the government is granting specific companies permission to build and maintain the road. It's like talking about "private prisons" when no such thing exists.