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Bridge Deal Shifts Revenue Split | Calgary News
Canada poured in $6.4 billion to build the Gordie Howe International Bridge, originally expecting to pocket all tolls until recouping its investment — but U.S. President’s objections stalled the opening. A new deal now splits revenue upfront, with the U.S. getting a cut before Canada recoups costs, though whether debt servicing counts is still up for debate. The bridge opens July 27, and while the U.S. claims a better deal, whispers point to lobbying from Ambassador Bridge owners as a factor. The new revenue-sharing plan aims to boost Michigan’s economy and increase traffic flow. Listen in…
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