this post was submitted on 10 Jul 2026
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[–] CanIFishHere@lemmy.ca 0 points 1 week ago* (last edited 1 week ago) (4 children)

First line. USA Canada to split profits. If the deal is so good, why won't Carney release the full details?

The operating costs on a brand new bridge would be next to nil.

[–] ThuggyG@piefed.ca 1 points 1 week ago* (last edited 1 week ago) (3 children)

What about the payment of debt you dunce.

At best you’re willfully ignorant and have poor reading comprehension.

At worst you’re trolling and spreading misinformation.

[–] CanIFishHere@lemmy.ca 1 points 1 week ago* (last edited 1 week ago) (2 children)

If by debt you mean the cost of construction, that is now off the table. Profits (money left after operating costs) is split between USA and Canada. This is pretty much common knowledge by now.

At least we don't have to rename it the Donald J Trump bridge.

[–] ThuggyG@piefed.ca 1 points 1 week ago (1 children)

you’re 100% wrong. We’re splitting net profits which is calculated after the payment of interest and debt.

Grow up and educate yourself

[–] CanIFishHere@lemmy.ca 1 points 1 week ago* (last edited 1 week ago)

This was really hard to find. Had to do some assumptions myself. If the deal is $4.6B at a 50 yr amortization at 3% interest the combined principle / interest payment per month would be about $15M a month. No story makes it explicit, but if we assume this is taken out prior to calculating net profit, this is the number.