....open the Gordie Howe Bridge. The entire construction of which was paid for by Canada. The use of which would improve the efficiency of goods flowing across the #1 busiest crossing between the USA and Canada to the great benefit of both countries...
But Trumpf's buddy owns the old, rapidly deteriorating, narrow and outdated Ambassador Bridge and will lose a lot of money if the new bridge is opened, so he gave a $million to Trumpf and the opening is put off.
Aside: how is it that important international infrastructure, such as the Ambassador Bridge, is under private, for-profit ownership?
The Gordie Howe International Bridge is jointly owned by the Government of Canada (through the Windsor-Detroit Bridge Authority) and the State of Michigan. While ownership is shared equally, the Canadian government funded the entire construction cost upfront. Canada will collect toll revenues until its investment is recouped, after which toll profits will be split with Michigan.
Dave
But Trumpf's buddy owns the old, rapidly deteriorating, narrow and outdated Ambassador Bridge and will lose a lot of money if the new bridge is opened, so he gave a $million to Trumpf and the opening is put off.
Aside: how is it that important international infrastructure, such as the Ambassador Bridge, is under private, for-profit ownership?
The Gordie Howe International Bridge is jointly owned by the Government of Canada (through the Windsor-Detroit Bridge Authority) and the State of Michigan. While ownership is shared equally, the Canadian government funded the entire construction cost upfront. Canada will collect toll revenues until its investment is recouped, after which toll profits will be split with Michigan.
Dave
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