the federal government has released details of the controversial new gordie howe bridge deal between canada and the u.s. following days of confusion and mixed messaging.
the online post sheds more light on what prime minister mark carney has stated about the agreement, which will see canada split 50 per cent of the net revenues with the u.s. through an economic development fund.
windsor mayor dilkens, who once said canada should not “bend the knee” to u.s. president donald trump to get the bridge open, called it a good deal.
“i don’t think the prime minister bent the knee,” said dilkens. “i think donald trump is positioning it politically as he brought canada to bent knee and he extracted a better deal from canada. i expect very little money will actually flow, if any at all, into that regional economic development fund over 15 years.”
the windsor-detroit bridge authority (wdba), a canadian crown corporation that oversees the bridge, has posted the “proposed agreement in principle” on its website.
the agency and representatives of housing, infrastructure and communities canada, which the wdba reports to, did not respond to requests for comment.
the details come nearly two weeks after the federal government announced the long-delayed bridge will finally open to traffic on july 27 following a new agreement with the u.s.
as part of the initial 2012 deal, canada paid the entire $6.4-billion cost of the windsor-detroit bridge on the condition it will collect all tolls over several decades until it was repaid.
details of the new terms posted by the wdba states canada “will provide annual economic participation payments, outside the 2012 canada–michigan crossing agreement.”
the deal states that for the first 15 fiscal years, canada will send 50 per cent of the bridge’s net revenues to a united states-canada economic development fund. those profits include “all revenues collected with respect to the bridge,” minus all operating costs.