U.S.Commerce Secretary Howard Lutnick has publicly endorsed the revenue-sharing agreement for the Gordie Howe International Bridge, stating the U.S.will receive 50% of net revenues until 2041.
The deal, which connects Windsor, Ontario, and Detroit, Michigan, involves complex financial terms, including toll governance and a 15-year economic development fund.Canadian Prime Minister Mark Carney previously noted that initial revenues may be negative as tolls are not split until the $6.4-billion construction cost is repaid.
Conservative leader Pierre Poilievre criticized Carney for contradictory statements about revenue sharing, emphasizing Canada’s original promise to retain 100% of tolls until the bridge’s debt is settled.A U.S.official clarified that interest and depreciation costs would not be deducted from revenue calculations, potentially increasing the U.S.share.Both nations have not disclosed the full details of the agreement, with officials working to finalize legal and administrative specifics.
Lutnick’s comments, referencing Donald Trump’s memoir, highlight the political and economic significance of the bridge, which officially opened on July 27, 2026.
Original title: Referencing ‘Art of the Deal,’ Lutnick says U.S. will get 50% of net revenue on Gordie Howe bridge
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