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Canada to share Gordie Howe Bridge toll profits with US ahead of July opening

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The Gordie Howe International Bridge, linking Detroit and Windsor, is set to open on July 27. Canada, which fully funded the $4.5 billion construction project over the Detroit River, has agreed to share net toll revenues with the United States once construction costs are recovered. The profit-sharing arrangement was reached to secure US approval under the Trump administration. Under the deal, the American share of proceeds will be directed toward a US-managed regional development fund. The agreement settles a prolonged dispute between the two neighboring trade partners.

Read the full story at Times of India

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Canada to share Gordie Howe Bridge toll profits with US ahead of July opening · ShortSingh