Lies Deception! Everyday, More Lies.
“We get the revenues. Then the servicing of the costs of the bridge and paying the debt of the bridge, and then what’s left over, there’s a split of that for 15 years,” Mr. Carney told CTV last Sunday, adding later: “There’s not going to be a lot of net to split.”
The official called the new side deal with the U.S. a parallel agreement to the 2012 Canada-Michigan agreement and said it stipulates that an amount equal to half the net revenues from the bridge will be paid into a U.S.-run economic development fund. The mandate of the fund would be to increase economic development and trade between Canada and the U.S., but it will be up to the U.S. how the money is spent, the official said. The official emphasized that the money paid to the United States would not come directly from the toll revenues but would come from Canadian government coffers in an amount equal to half the net revenues from tolls.
Net revenues, not gross revenues.
It says that twice
Yes but that usually doesn’t include debt repayment.
Americans word is worthless now. They cannot be trusted.
I’ll wait until Carney releases the actual deal.