Prime Minister Mark Carney is defending the deal brokered between Canada and the United States to open the delayed Gordie Howe International Bridge, despite changes made to split revenue with the U.S. sooner than originally planned.
Prime Minister Mark Carney is defending the deal brokered between Canada and the United States to open the delayed Gordie Howe International Bridge and insists the revenue split with the Americans will be minimal. “We are sharing after Canada is paid back,” Carney said in an interview with CTV Calgary’s Tara Nelson at the Calgary Stampede on Sunday when asked about the agreement. “We get the revenues.
Then the servicing of the costs of the bridge and paying the debt of the bridge, and then what’s left over, there’s a split of that for 15 years,” he said. “There’s not going to be a lot of net to split,” the prime minister later added. The federal government announced late Friday that the bridge, which will connect Windsor, Ont.
and Detroit, Mich., will open on July 27 after an agreement was struck following weeks of delays and public criticism from U.S. President Donald Trump. The new crossing is expected to significantly ease congestion at the nearby Ambassador Bridge and streamline cross-border trade. According to a senior government source, Canada will get 50 per cent of the bridge’s toll profits in the first 15 years, with the other 50 per cent going into an economic development fund.
The
Source and reference
source also tells CTV News that the U.S. will need to agree if Canada wants to increase bridge tolls by more than 10 per cent or lower them below compared regional averages. Those changes are a major shift in the agreement first signed in 2012 as part of the Canada-Michigan Crossing Agreement. In that deal, Canada agreed to front the full construction costs, which grew to $6.4 billion, and later collect 100 per cent of toll profits until it recouped its investment. The agreement estimated that recoupment would take at least fifty years after which Canada and Michigan would equally split toll revenues. Despite those changes, Carney called it a “good deal for Canada.” “I’m happy the bridge is going to be open. We need it. We need it because we’re expanding. We’re still expanding,” Carney said. The prime minister also said the money in that economic development fund will be “invested...
Read original source- Published
- Jul 12, 2026
- Updated
- Jul 12, 2026
- Source
- Ctv News
- Category
- Politics
- Read time
- 4 min
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