Verra Mobility exits Ontario as new speed camera ban takes effect

Core Viewpoint - Verra Mobility Corporation is exiting Ontario due to new provincial legislation banning automated speed enforcement cameras, which the company did not choose but is mandated by law [1][5]. Legislative Context - The provincial government expedited the legislative process, limiting public debate and hearings, despite strong local support for automated speed enforcement programs [2]. Effectiveness of Speed Cameras - Verra Mobility emphasizes the proven effectiveness of speed cameras in enhancing road safety, citing significant reductions in speeding and crashes, particularly in vulnerable areas like school zones [3][4]. Community Support - A significant majority (73%) of Ontario drivers supported the use of automated speed enforcement, indicating strong community backing for these safety measures [5]. Financial Impact - The exit from Ontario is projected to result in approximately $7 million in lost annual revenue, which has already been incorporated into the company's preliminary consolidated outlook for 2026 [5].