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House Committee to Debate Gordie Howe Bridge Deal
The deal would share half of net toll revenues with the United States for 15 years, drawing scrutiny over Carney’s earlier comments.
A House of Commons committee is holding a special meeting today to debate the Gordie Howe International Bridge revenue-sharing agreement as the Liberal government faces scrutiny over the deal with the United States.
The bridge opened to motorists on Monday, and the proposed agreement stipulates Canada will share half of net toll revenues with the United States for the next 15 years.
Prime Minister Mark Carney previously stated that tolls would not be split with the United States until Canada's debt to build the bridge was paid back, contradicting the current proposed terms.
Facing pressure, the Liberal government continues to answer questions regarding this shift as the committee reviews how the revenue-sharing agreement aligns with previous commitments made regarding project financing.
Lawmakers are examining the financial implications of the revenue-sharing plan as stakeholders seek clarity on how the agreement impacts the repayment timeline for the infrastructure project connecting Windsor and Detroit.