Canada and the U.S. Open a New Bridge || Bonus Video for All Paid Tiers
The Gordie Howe International Bridge between Ontario and Detroit is officially open. Alongside the Ambassador Bridge, the Gordie Howe expands the capacity of one of the world's most important trade crossings.
The opening of the bridge was delayed amid political disputes between the U.S. and Canada, which is par for the course. The final agreement states the U.S. receives half the bridge's toll revenue, despite not contributing to construction costs. This is yet another reminder of the power imbalance between the U.S. and Canada.
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Comments (37)
So the delay had nothing with the owners of the Ambassador Bridge paying Howard Lutnick to lobby Trump to block the opening of the new bridge. Interesting. Call me cynical but with Trump, I usually follow the vig. I'm glad the new bridge is finally open at least.
Military heft?
Thanks for making this video available to all tiers!!!
50% of 0 revenues is cheap! 0 revenues for the next 15 years! The cost will be paid first!
We control the intrants for US economy in Canada, we will hike the prices and sell a lot elsewhere, over the time, for the next decades, it will expand. Canada is unplugging a lot from market US dependencies, a giant has awaken.
Enjoy your dominance. After Trump, everyone will be seeking ways to circumvent or minimise American influence. It will be generations before anyone trusts the US again.
The question is, who do you trust more, especially in a post Trump world: the US, China, or Russia?
So are you saying Canadians would actually have MORE Freedom as the 51st state?
Reading the comments before video I can see someone is upset. I haven't figured out whom or why so I will watch it. This will be fun :)
Watched the video. Still don't get why people are upset on Peter. On the situation, sure. Is it a shoot the messenger kind of thing?
Okay, are we celebrating that we signed a deal several years ago and now we are reneging on it, and because we can?
The US feels no need to honour any contract signed. There is no good faith agreement possible.
What's that saying about "burning bridges"? Or "Karma"?
Carney shouldn't have promoted himself as a better deal-maker than Trump.
The share is 50/50 on net revenue, not toll revenue. Al l operating and maintenance costs PLUS debt servicing come first. There will not be any "net revenue" until the construction costs and interest are paid off. Despite the Moroun's $1M bribe, their bridge is history. One thing everyone in the world now knows: no "deal" signed by Trump is worth the paper it is printed on.
Interesting context, many thanks
Peter, what’s it mean when you say they have leverage only when Washington allows it? Why would they allow anyone to have leverage
Fuck america.
Yes, very one-sided, Peter, and Canada has many ways to work around the US. It won’t be easy and there will be a time issue and possibly once Trump is gone things can get back to normal between us, but Carney is very clever and is forging new relationships because we have to and the world is full of countries who value what we can offer. (And that the US needs).
The way things are because we can.
You are laughing at this like it's just funny? Americans are pigs.
yeah it was the laughter that got me. well maybe all full members Canadians and any Americans with a conscience should just cancel their memberships maybe we'll have an outsize effect like we did with the liquor boycott he's been wrong more than he's been right all you have to do is look at his own election prediction with Trump anyways I'm gone and all you trumpers or people that defend him don't bother you won't be able to reach me 😃
Gloat a bit more peter 🤬 I know you're arrogant but this is bit much I'll be canceling my analyst membership I know you don't care but as a Canadian the arrogance is just getting too much. 😡 almost say Trump supporter
He wasnt gloating...but okay. I also detected zero arrogance. He stated some facts, not sure why you're offended.
Kamala would have never gotten a deal like that. XD
Kamala would have honored the signed contract. The USA would not be the most hated country in the world, there would not be a grassroots Canadian boycott of US alcohol and other products, the auto industry would not have last billions, and the Straits of Hormuz would be undisturbed.
Trump is a bully an carpetbagger
Bullies usually get what's coming to them at some point and we, the US, will probably get ours someday. 😕
True. We are going to have hell to pay one day.
As a Canadian, I'm glad it's open. Sometimes you have to invest in your business (country) to get things done. And I'd rather travel over this bridge owned by Canada and the USA than the privately owned bridge near to it.
Moral imbalance
Well described
"Trump being not a particularly nice person." - Peter Zeihan My how diplomatic of you.
Next time, Canada will leave the US hostages in Iran. Acting like an ass is never forgotten.
We still trying to get even over you burning down our white house.
A very one sided view and comments by Peter, very disappointing
And from this Canadians perspective; true.