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Toyota CDR (CAD Hedged)
Symbol TOYM
Shares Issued 150,000
Close 2026-07-14 C$ 10.23
Market Cap C$ 1,534,500
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Globe says Honda hears PM say we didn't give much up

2026-07-15 07:22 ET - In the News

See In the News (C-HNDA) Honda CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday edition that Prime Minister Mark Carney is minimizing the toll profits Canada will share with the United States for the Gordie Howe bridge deal. The Globe's Steven Chase writes that the bridge is set to open on July 27 after uncertainty due to a threat from President Donald Trump to block it. A new agreement with Washington seems to meet Mr. Trump's demands for a better deal. In the new agreement announced last week, Canada will share toll profits with the United States for the next decade and a half. Mr. Trump calls this a "MUCH BETTER DEAL for America." According to Ottawa, for 15 years Canada will send 50 per cent of the profits from tolls to an economic development fund for the apparent benefit of the U.S. Mr. Carney, however, in remarks Sunday, sought to minimize these distributions. He noted the profits shared with the U.S. would be the net profits after various costs, including debt repayment. Asked if Canada intends to release a copy of this new deal, PM spokesman Audrey Champoux did not directly answer the question. The Conservatives, arguing for transparency, say Canadians shouldn't have to rely on the Prime Minister's word that the deal is a good one.

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