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ValueSubtracted@startrek.website to Canada@lemmy.caEnglish · 4 days ago

Gordie Howe International Bridge to open July 27, Ottawa confirms

www.cbc.ca

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Gordie Howe International Bridge to open July 27, Ottawa confirms

www.cbc.ca

ValueSubtracted@startrek.website to Canada@lemmy.caEnglish · 4 days ago
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  • CanIFishHere@lemmy.ca
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    1 day ago

    That’s what was originally negotiated. Trump demanded the split immediately. Carney caved to open the bridge.

    • ThuggyG@piefed.ca
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      24 hours ago

      Originally, Canada was to receive all profits and have complete power over toll prices until we recouped all our costs. At that point it would be 50/50.

      The new deal is fine. I don’t know what the “caving in” narrative is about.

      • CanIFishHere@lemmy.ca
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        21 hours ago

        The USA is collecting $3b because Trump stongarmed Canada.

        • ThuggyG@piefed.ca
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          21 hours ago

          How?

          The ambassador bridge makes like $100M a year in revenue. The cost of the new bridge was $6.4B once you tack on interest there will be hardly any net profits left to split.

          I’m sorry, but this argument makes no sense.

          • CanIFishHere@lemmy.ca
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            20 hours ago

            We both know the original deal was Canada was to receive all the toll money until the costs ($6.4B) was recouped. Now the USA receives half the tolls, or effectively $3.2B for contributing nothing. Those are just the facts. You can say it doesn’t matter, but it’s still $3.2B because of a shakedown, not a negotiation.

            • ThuggyG@piefed.ca
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              19 hours ago

              Ok so here’s the problem. In the politest way possible, you don’t understand the new deal.

              Canada owns the 6.4B in costs to construct the bridge. This includes the debt and interest.

              Canada WILL RECOUP ALL COSTS TO CONSTRUCT THE BRIDGE. DEBT WILL BE PAID OUT. YOU HAVE TO PAY THE DEBT AND INTEREST IN ORDER TO GET NET PROFITS.

              After the debt is paid you get net profits. These net profits will now be split 50/50. Previously, Canada was to receive all of the net profits in an effort for Canada to recoup the costs of construction faster. Then the split would be 50/50.

              • CanIFishHere@lemmy.ca
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                18 hours ago

                Nope. Tolls are split immediately.

                • ThuggyG@piefed.ca
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                  17 hours ago

                  https://www.detroitnews.com/story/news/politics/2026/07/13/gordie-howe-bridge-opening-update-trump-carney/90901991007/

                  https://www.ctvnews.ca/canada/article/good-deal-for-canada-pm-carney-insists-not-a-lot-of-revenue-to-split-with-us-on-gordie-howe-bridge/

                  https://www.theglobeandmail.com/canada/article-gordie-howe-bridge-split-good-deal-both-countries-minister-says/

                  you can choose your preferred source.

                  You’re wrong, stop posting misinformation

                  • CanIFishHere@lemmy.ca
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                    12 hours ago

                    First line. USA Canada to split profits. If the deal is so good, why won’t Carney release the full details?

                    The operating costs on a brand new bridge would be next to nil.

                  • k_rol@lemmy.ca
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                    14 hours ago

                    I don’t know what’s up with that guy. The new deal is fine, sure it was better before as it was pretty clear we keep everything but splitting half the PROFIT is alright. Also there is no word about preventing the toll to be lower than other bridge. They just can’t see past their hate for Carney I suppose.

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