Cool. Another thing to look at while I don't visit the Yanks.
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If I'm understanding this correctly, we paid the full cost to build GH, and now the USA gets half the income AND we're not allowed to charge less than the Ambassador (only 2 months ago, the plan was tolls would be half the price).
Has the billionaire Moroun family finally been appeased?
High school history books should have a chapter about this filthy saga. Land of the freeloaders: The battle for a new cross-border bridge (2015)
Note to self as a Canadian: Never trust the USA.
I think going forward we avoid any partnership type deal like this. The US can't be trusted to uphold their end of the deal - or anything else for that matter.
The smart thing to be doing is going nowhere near the states under any circumstances until there is a change and peops won’t be getting sent to Alligator Auschwitz death camps to fill their coffers. For me, it’s too late. I will never go there ever again.
Carney caved and is splitting the tolls with the USA.
No that’s not what happened.
Carney conceded 50% of net profits because that gives the baby his candy. But net profits is calculated after paying back the construction debt and interest which is wholly owned by Canada. In addition, there’s some sort of economic development fund that’s jointly contributed to by the Canada and US, not a bad idea I guess. The big concession was giving the US veto power over toll changes for the bridge.
It depends on which way the wind is blowing on that particular day, as to whether it'll happen or not.
No, this time it is happening, because Carney folded to US demands. Again.
The U.S. government would receive 50% of the bridge's toll revenue and be able to veto any toll increase that is 10% over the current tolls, according to Reuters. Commercial shippers that sign up for the Gordie Howe Bridge's "Breakaway" discount toll program will pay charges of 6.90 U.S. dollars per axle, according to rates that the new bridge's operators announced in March.
Fuck this spineless worm. The Canadian branch of Starmer Enterprises.
This article is wrong about the deal parameters. Strange