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Carney Clarifies Bridge Revenue Deal | Calgary News
Prime Minister Mark Carney admits he could’ve clarified the Gordie Howe Bridge toll revenue deal with the U.S. better—especially while sporting a cowboy hat at the Calgary Stampede. The new agreement, unveiled this week, means Canada won’t count debt servicing costs as operating expenses before splitting net revenues 50-50 with the U.S. for 15 years. This contradicts Carney’s earlier July 12th explanation. The bridge, built to ease congestion since 2018, originally had a 2012 deal where Canada kept all tolls until debt—including interest—was paid off, then shared revenues. U.S. President…
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