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The Gordie Howe International Bridge, linking Detroit and Windsor, Ontario, is set to open on July 27 after the U.S. and Canada resolved a dispute over tolling and profit-sharing. Source: Fox Business The multibillion-dollar bridge, originally scheduled to open in June, was delayed due to unresolved issues between the two countries.
Key details of the deal include:
The original agreement had all toll revenue going to Canada until its construction costs were recovered. The new terms reflect a compromise that balances both nations' interests.
“The United States and Canada have reached a deal to open a new multibillion-dollar bridge linking Detroit and Windsor, Ontario, ending a dispute that delayed the project’s launch.”
“President Donald Trump — who earlier this year threatened to block the bridge's opening unless the U.S. had an ownership stake in it — announced on Truth Social early on Saturday that he 'was able to cut a MUCH BETTER DEAL for America.'”
“Both sides agreed that half of the net profit the bridge generates will go to a regional development fund, The Wall Street Journal reported, citing a Canadian official.”
“The Canadian official also told The Journal that the bridge authority will need U.S. approval before raising tolls by 10% or more. Approval would also be needed if the authority were to cut tolls below what is charged for comparable crossings, such as Ambassador Bridge, the official said.”