Canada-U.S. Bridge Revenue Split Revealed | Calgary News

Canada and the U.S. finally revealed how they’ll split revenue from the Gordie Howe International Bridge — with Canada sending 50% of net profits to the U.S. for the first 15 years, after covering operating costs. But the rollout sparked confusion and backlash: Canada initially claimed the U.S. would get its share after deducting debt costs, while U.S. officials insisted their cut was “before interest and principal,” leading to accusations of misleading the public. Critics slammed the Prime Minister’s explanation, arguing it flipped the actual terms — especially since Canada funded the entire $6.4 billion project. The U.S. also gets veto power over toll hikes or drops, adding tension as strained Canada-U.S. relations simmer with looming trade tariffs. Still, the bridge — designed to relieve congestion on the Ambassador Bridge — opens July 27th, regardless. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/578ee55c9de5b4fc