34 Days
Source:
وكالة الأنباء الليبية
Canadian Prime Minister: Will Not Share Bridge Toll Revenue with the United States Until Debts Are Paid
Canadian Prime Minister Mark Carney stated that Canada will not share in the revenues from tolls on the new bridge connecting Windsor and Detroit until it recovers its investment of $4.7 billion. This is in accordance with the bridge financing agreement signed in 2012, which grants Canada the right to collect all toll profits until its costs are reimbursed. The net revenues will be shared with the United States over the first fifteen years after deducting expenses, with the portions allocated to the U.S. government reinvested into economic development. This comes amid rising tensions following the closure of the Gordie Howe Bridge, funded by Canada and scheduled to open in July, which has impacted economic and political relations between the two countries, especially amidst ongoing wildfires.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)