Peace Bridge tolls changing to reflect value of loonie

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FORT ERIE, Ont. — Tolls on the Peace Bridge have been changed to reflect the rising value of the Canadian loonie.

All commercial tolls will be at parity as of Dec. 1, 2007, reported the Buffalo and Fort Erie Peace Bridge Authority.

Clearly the rapid rise of the Canadian dollar led to a toll differential that was untenable and the Board acted to rectify that situation, said Anthony Annunziata, chairman of the bridge authority.

The authority also announced it will re-evaluate toll pricing twice a year to ensure the rates accurately reflect the value of the US greenback relative to the Canadian loonie.

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