@tripimus@sarobertson_ 3/3
This stated, it is likely that the deal will be renegotiated and returned to the previous in-good-faith agreement signed with the State of Michigan.
@tripimus@sarobertson_ 1/3 Let's try this again. For the first 15 years the net profits will be split 50-50, this we agree on. There is a is a 5-6 billion dollar debt being serviced, so after O&M expenses and debt service there will be little if any profit to distribute.
@tripimus@sarobertson_ 2/3
Under the previous deal profits were to be split 50-50 in perpetuity. This is a better deal as eventually the debt will be paid off.
Remember this is public infrastructure, it is not a profit making private enterprise.
@PierrePoilievre Yes, listen closely to the PM again. what is left over after servicing the debt will be the net (profit) is split 50-50 for 15 years.
Let's wait until the full text of the agreement is published. Then we can have an adult discussion based on facts
@tripimus@sarobertson_ Yes, listen closely to the PM again. what is left over after servicing the debt will be the net (profit) is split 50-50 for 15 years.
Let's wait until the full text of the agreement is published.
@endofthelake@sarobertson_ Yes, listen closely to the PM again. what is left over after servicing the debt will be the net (profit) is split 50-50 for 15 years.
Let's wait until the full text of the agreement is published.
@jackisagonner@sarobertson_ Yes, listen closely to the PM again. what is left over after servicing the debt will be the net, which is then is split 50-50 for 15 years.
Let’s wait until the full text of the agreement is published.
@ExplainDontTalk@ShangX69@itswpceo So the licensed based from Rockwell ( HQ in Iowa), from which a bespoke version was created. So there is some US content but since it is also included in the commercial versions of the Global series, the US value of the deal will be in the low (very) 6 figures.
@LegalUSCitizen2@TrumpDailyPosts Let's see if Mr. Trump can negotiate a better deal that a bridge that is fully funded by someone else and then jointly owned and operated by Canada and Michigan.