Two teenage boys are dead after a vehicle sped out of control and struck a pole in Milton.

The collision happened on James Snow Parkway near Esquesing Line Sunday afternoon, Halton Regional Police said.

According to police, a vehicle was travelling west at a high rate of speed when it left the roadway, struck a pole and caught fire.

The driver of the vehicle was declared dead at the scene, while the passenger was transported to hospital in Hamilton where he later died.

The teens have not yet been identified.

Police are investigating the collision.