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Updated: Friday, 15 Jun 2012, 6:48 PM EDT
Published : Friday, 15 Jun 2012, 6:56 AM EDT
WINDSOR, Ontario (AP) - Officials from the Canada and U.S. governments have announced plans to build a new Canadian-financed bridge linking Detroit and Windsor, Ontario.
At a news event Friday in Windsor, the massive construction project was praised for the thousands of jobs it would create and the positive impact it would have on trade between the nations.
A summary of the agreement provided earlier to The Associated Press says Michigan won't be obligated to pay any of the costs of the bridge, which will span the Detroit River south of the existing Ambassador Bridge. Both countries would be represented on a bridge board, and a Canadian entity would handle design, construction and operation of the bridge.
Michigan Gov. Rick Snyder says construction costs for the bridge itself are estimated at $950 million.
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24 Hour News 8 Political Reporter Rick Albin is in Detroit and will have a reports throughout the day
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