Investment negotiation

US Shakes Down Canada For New Bridge Toll Deal

It appears that a significant development has occurred regarding the new bridge between the United States and Canada, with reports indicating that a deal has been struck on tolls, paving the way for its opening on July 27th. This agreement, however, seems to be the culmination of a rather contentious negotiation, with many on the Canadian side feeling that their interests have been compromised.

A central point of contention appears to be the financial arrangement for the bridge, which Canada largely funded. The initial understanding was that Canada would recoup its investment through 100% of the toll revenue until the bridge was paid off, after which the revenue would be shared.… Continue reading