58
Canada's PM Carney says Gordie Howe bridge tolls won't be split with U.S. until the $6.4B of debt is repaid (www.cbc.ca)
submitted 1 week ago by to c/canada@lemmy.ca
14 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 1 week ago (1 child)

Well thanks for the added context. My understanding was that the profits were going to Canada considering that we paid for the bridge.

I guess the Moroun's really obfuscated the information out there.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] [S] 4 points 1 week ago (2 children)

    Like I said, it's possible I'm misunderstanding something about the tolls, but that's my interpretation.

    The other piece of the "new deal" that seems to be new is the wording about the Americans having approval about changes to the tolls - Reuters says this means the US can veto any toll hike over 10% of the current value, which...I don't know, it seems like such a hike would be in their best interests to approve should it be proposed, since it would lead to more of the net revenue they seem to care so deeply about.

    I'm also unclear about whether the "regional investment" the new deal refers to is some kind of new money unrelated to tolls. It would be nice to get clarity there.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 3 points 1 week ago (1 child)

    US can veto any toll hike over 10%

    Either direction. If, say, we lower the tolls to below the "other" bridge I believe Trumporreah would veto that to keep the other bridge profitable.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] [S] 3 points 1 week ago (1 child)

    That's not what the article says, but it would certainly make more sense.

    BUT the current standard toll is $8.00 CAD, while the Ambassador Bridge toll seems to be $14.00 CAD.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 2 points 1 week ago

    Not sure who I was watching, Clause or Large Man Abroad, but one of them suggested this possibility and it seemed sound. Considering the difference in cost to the user it seems more sound, maybe we drop the rate to get even more traffic but doubt that we would as we want it paid off asarp. Though as usual the sound bite is more important than the actual facts and regardless of facts he will still shoot himself in the foot in the end (it really did sound bad for us at first). We just need to keep on shifting away until the states are not as important to us as they currently are

  • permalink
  • fedilink
  • source
  • parent