(POINT EDWARD, ON) – The Federal Bridge Corporation says it will maintain current toll rates at the Blue Water Bridge in Point Edward. The Bridge’s rates are reviewed semi-annually based on traffic levels, economic forecasts, and funding needs for long-term capital requirements.
Additionally, the toll rate value in US dollars is based on the average daily currency exchange rate, as published by the Bank of Canada, for the previous six-month period. Changes take effect on April 1 and October 1 of each year.
Rate adjustments are made to the nearest $0.25.
Current toll rates will not change on October 1 and will remain at $4 Canadian and $3 US per passenger vehicle. Vehicles with extra axles will still pay $4 and $3, respectively, while commercial rates will be per axle at $4.25 Canadian and $3.25 US for each crossing.
The next toll rate review is scheduled for April 1, 2018. This toll rate policy is aligned with other international crossings, where tolls are reviewed and adjusted, if necessary, based on economic needs and the value of the exchange rate, on a regular basis.
FBC owns, manages, and operates international bridges and associated structures in Sault Ste Marie, Point Edward, Lansdowne, and Cornwall, in Ontario. FBCL’s mandate is to provide the highest level of stewardship so that its international bridges and associated structures are safe and efficient for users.