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But we saved everything 🙂.
Lutnick delayed debut to gain more toll revenue, Scott Lincicome notes
Scott Lincicome reports that Lutnick delayed the launch of a bridge connecting Canada and the U.S. to negotiate a larger portion of the toll revenue.
Lincicome also highlights Lutnick's view that the bridge serves as leverage for the U.S. because its strategic value lies in linking Canadian exporters to the U.S. market.
Lincicome has previously criticized the rising cost of farm subsidies, highlighting a 45 percent improper payment rate in the ECP as wasteful. He has also noted that Europe is steering clear of long-term U.S. LNG contracts, causing frustration for developers. The latest report on the bridge negotiations follows this series of observations on cross-border economic policy.
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