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ICYMI - Canada Gave Up Bridge Profits. Here's Why It Still Wins
Canada financed the Gordie Howe Bridge, and under the new deal with the US, half the profits now go to an American development fund. Journalist Matt Gurney breaks down why that sounds worse than it is: Canada still recovers every dollar of construction costs before profit sharing even starts.
Gurney's real argument is bigger than the bridge itself. He calls the deal proof that American credibility, built over eighty years, is being traded away for a few million dollars a year, and that watching it happen in real time changes how every country negotiates with the US going forward.
The…
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