Gordie Howe Bridge Deal Breakdown | Canada News

The Gordie Howe Bridge is finally set to open July 27th, but the financial deal between Canada and the U.S. just got more complicated. For the first 15 years, Canada will send half of the bridge’s net revenues to a U.S.-controlled economic development fund aimed at boosting cross-border trade. This marks a shift from the 2012 plan, where Canada would’ve covered the full cost and collected tolls until paid back. Now, Canada’s payments are separate and netted — meaning they get their money back first before any profit sharing. The U.S. holds full control over the fund’s management, even though both nations agree on its purpose. It’s a complex, still-proposed arrangement that could shape trade for years to come. 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/bb691c490d088b9f