EDITOR:
The Confederation Bridge opened in 1997. The rate for automobiles was $ 35 (if I remember correctly). Less than we used to pay for the ferry crossing to New Brunswick.
In 2000, the rate was $ 36.25 and, in comparison, $47 for the ferry to Nova Scotia (P.E.I. roadmap that year). Now in 2020, the bridge costs $48.50.
Although we do not know the exact details, we may assume that the contract between Strait Crossing Bridge Limited and the federal government is specific about these rate increases, and that they are not just a New Year tradition as suggested in The Guardian editorial Jan. 2, 2020.
The duration of the contract is 35 years and given the trend, by 2032, we may see a rate of $55. One thing seems sure, had the bridge not been built, the cost of transportation to and from the Island would have been much higher than it is now.
“As of 1997, and for the following 35 years, the taxpayers’ cost for the bridge will be no more than that of the ferry service” (from a government advertisement in the 1996 P.E.I. Visitors Guide).
I do not know how this relates to the ideas to allow for a lesser rate or no rate at all before the end of the contract and the investors are paid off.
Perhaps we should discuss instead what the rate plan will be after 2032 when the federal government takes over.
Maybe at that time we can also change the name to Abegweit Bridge?
Annet Tol,
Cornwall
