Carney says Gordie Howe Bridge toll revenue will be shared after debt is repaid

Prime Minister Mark Carney said Canada will not share Gordie Howe International Bridge toll revenue with the United States until the project’s $6.4 billion in Canadian investment has been repaid. Speaking in London, Ontario, on Thursday, Carney said the agreement calls for Canada and the U.S. to split net revenues for 15 years, not the tolls themselves. He said any revenue sharing would begin only after all debt tied to the bridge is paid off. Carney said the bridge, which links Windsor, Ontario, and Detroit, is not expected to turn a profit in its early years because operating costs such as staffing, maintenance, and snow removal will come first. He added that net revenues are likely to be modest at first and could even be negative as traffic increases.