Canada to keep bridge tolls until investment repaid
3 min read
Prime Minister Mark Carney said Canada will not share toll revenues from the new Gordie Howe bridge linking Windsor and Detroit until Canada recovers its initial $4.7 million investment, citing a 2012 agreement that entitles Canada to collect all toll profits until costs are repaid. Carney said net revenues will be split with the United States for the first 15 years after operational costs such as maintenance and snow removal, and that early net revenue is expected to be modest. The delayed opening and the revenue dispute have created political friction amid broader U.S.-Canada trade negotiations.
Canada will keep toll revenues until its bridge costs are repaid.
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