Port Mann Bridge Won’t Turn a Profit Until 2025

The Province reports, “The money-losing Port Mann Bridge won’t start turning a profit until 2025 — eight years behind its original schedule, according to newly released government figures. Financial forecasts for the bridge, provided to Postmedia News, show it is projected to continue suffering tens of millions in annual losses until 2025-26, when it hits a break-even point. After that, the forecast calls for the bridge to start aggressively repaying both its original construction costs, as well as 13 years of accumulated annual losses, before fully retiring the debt by 2050.”