Featured Stories

View More
Carney says U.S. will split ‘modest’ Gordie Howe bridge net revenues after debt paid

The updated deal Canada struck with the White House to get the Gordie Howe Bridge open will share some revenues from tolls immediately, but only after the operational costs to run the bridge are deducted, Prime Minister Mark Carney said Thursday.And, Carney insisted, initially there won’t be much left over to share.But the arrangement does mean Canada will not keep 100 per cent of the revenues until the cost of building the bridge is paid back, as was the deal Ottawa signed in 2012 with former Michigan governor Rick Snyder, a Republican.Under that deal, Canada agreed to shoulder the full…

Digital World

Travel & Tourism

More Top Stories