Canada’s offer to finance the Michigan portion of the planned Detroit River International Crossing began as a suggestion by the Michigan Dept. of Transportation, Crain’s Detroit Businessreports.
Last week Sen. Alan Cropsey, R-DeWitt, told the Detroit News that he was distrustful of Canada‘s offer to pay $550 million for Michigan’s part of the bridge.
“Canada wants to own the bridge. Canada wants to own all the international crossings,” he said.
There is precedent for the deal under consideration. When the first span of the Blue Water Bridge between Port Huron and Point Edward was built in the 30′s the U.S. financed a portion of Canada’s share of the bridge and recouped the loan through toll revenue.
William Shreck, MDOT’s communications director, told Crain’s that this time Michigan asked Canada for help.
“We pursued this because of tough economic times in Michigan, it had been done decades before, and the Canadians were keenly aware of Legislators’ concerns with Michigan costs for the project. This will allow Michigan to not spend additional funds to proceed with the new bridge. The Legislature raising the issue was helpful in making this agreement,”
The construction of a new bridge is expected to generate 10,000 jobs in Michigan.
The Legislature has set a June 1 deadline for a vote on Michigan’s participation in the bridge project.