Headline: UNCAPTIONED: Carney Says Canada Won't Share Bridge Toll Revenue Until Investment Is Repaid
Caption:
Carney Says Canada Won’t Share Bridge Toll Revenue Until Investment Is Repaid. Canadian Prime Minister Mark Carney says the United States will not receive bridge toll revenue until Canada's costs are recovered. Canada financed the $4.7 billion Gordie Howe International Bridge linking Windsor, Ontario, with Detroit, Michigan. Carney said the arrangement follows a 2012 agreement allowing Canada to collect toll profits until project debts are repaid. After repayment, Canada and the United States will split net toll revenue for the first fifteen years. Carney added that America's share would be reinvested into economic development rather than transferred as direct profit. Reports suggested Washington secured major concessions, but Carney insisted the underlying agreement has remained unchanged throughout negotiations. The bridge deal comes as both countries continue talks on trade while facing political tensions over Canadian wildfires. Carney also urged the United States to do more to tackle climate change, calling it a shared global responsibility.
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Keywords: Current Affairs and Politics,Mark Carney,Canada,United States,Gordie Howe International Bridge,bridge tolls,Windsor,Detroit,trade talks,climate change,infrastructure,toll revenue,Canada–U.S. relations
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