7(1)Subject to subsection (2), the Corporation has the general supervision of the acquisition, holding, owning, using, leasing, licensing, planning, designing, financing, refinancing, development, construction, improvement, operation, management, maintenance, repair, replacement, alteration, extension, expansion, rehabilitation or disposition of, or other dealings with, highways, or systems of toll collection in relation to highways, under its administration and control and shall carry out the responsibility in conformity with the standards established by the Minister of Transportation and Infrastructure or as otherwise approved by the Lieutenant-Governor in Council.