Wednesday, March 4th0.7°C
25405
25147

No money in Obama's budget plan to build customs plaza for US-Canada bridge

DETROIT - U.S. President Barack Obama has failed to put money in his federal budget proposal for a customs plaza on the Detroit side of a planned $3.5 billion bridge between the city and Canada.

Obama sent his $3.9 trillion fiscal 2015 budget to Congress on Tuesday, but it doesn't include the $250 million cost of a border inspection plaza.

The plaza is a vital part of the planned New International Trade Crossing to link Detroit to Windsor, Ont.

The Canadian government is funding most of the bridge, expected to open in 2020.

Democratic U.S. Rep. Gary Peters calls the decision not to fund the plaza a "grave mistake."

New International Trade Crossing coalition spokesman Tom Shields says the full $250 million isn't needed in one year but can be spread over several years.

The Canadian Press


Read more Business News

24356


Recent Trending




Today's Market
S&P TSX15082.84-51.01
S&P CDNX698.09-4.21
DJIA18096.90-106.47
Nasdaq4967.142-12.76
S&P 5002098.53-9.25
CDN Dollar0.8049+0.0001
Gold1201.60+1.00
Oil53.37+0.14
Lumber287.30-3.40
Natural Gas2.782+0.013

 
Okanagan Companies
Pacific Safety0.13-0.005
Knighthawk0.010.00
QHR Technologies Inc1.55-0.05
Cantex0.035-0.005
Anavex Life Sciences0.18+0.005
Metalex Ventures0.04-0.005
Russel Metals24.95-0.26
Copper Mountain Mining1.24-0.01
Colorado Resources0.13-0.005
ReliaBrand Inc0.0065-0.0015
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.225+0.01

 



25194

FEATURED Property
22088701075 Van Street
3 bedrooms 3 baths
$449,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Refinance your mortgage?

Canadian Mortgage rates are low and could be dropping down in time for the spring market following a drop in the Bank of Canada Rate on January 21 by 1/4% which will save new buyers and those with mo...


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


Are you asking the right questions?

Have you ever had this happen to you? You are in the middle of your second or third good discussion with a prospect and everything seems to be going great. The prospect seems engaged and happy to work...

_








Member of BC Press Council


25413