The Globe and Mail·4 min read·medium

Side deal to share Gordie Howe toll profits with U.S. doesn’t include provision for debt repayment

S
Steven Chase
Side deal to share Gordie Howe toll profits with U.S. doesn’t include provision for debt repayment
AI Summary

A new side agreement between Canada and the US regarding the Gordie Howe International Bridge stipulates that half of the net toll revenues will be directed to a US-run economic development fund. However, the deal does not account for debt repayment, contradicting earlier statements by Prime Minister Mark Carney.

Canada solely financed the $6.4-billion Gordie Howe International Bridge, which connects Windsor and Detroit. Paul Sancya/The Canadian Press

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Side deal to share Gordie Howe toll profits with U.S. doesn’t include provision for debt repayment — Headlinne — headlinne