Information Bulletin
Currency Equity Toll Adjustment
April 1, 2012
Effective
12:00 AM April 1, 2012
- Canadian currency toll rates
will be increased for all classes
- U.S. rates remain unchanged,
ie. Auto = $3.00, Commuter = $2.10, Commercial = $4.00/axle
- The Canadian commuter rate
will increase from $2.05 to $2.10
| Class Type |
U.S.
Rate |
CDN Rate |
CDN Rate |
| October
1, 2011 |
October 1, 2011 |
April 1, 2012 |
| 1 |
Car, light duty truck
and motorcycle |
3.00 |
2.90 |
3.00 |
| 2 |
Car, light duty truck
with 1-axle trailer |
4.50 |
4.35 |
4.50 |
| 3 |
Car, light duty truck
with 2-axle trailer |
6.00 |
5.80 |
6.00 |
|
Per extra axle for cars,
light duty trucks |
1.50 |
1.45 |
1.50 |
| 29 |
Commuter |
2.10 |
2.05 |
2.10 |
| 12 |
Recreational Vehicle |
5.50 |
5.30 |
5.50 |
|
Per extra axle for
Recreational Vehicles |
2.75 |
2.65 |
2.75 |
| 5
& 11 |
Commercial Truck, Bus
with 2-axles |
8.00 |
7.80 |
8.00 |
| 7 |
Commercial Truck, Bus
with 3-axles |
12.00 |
11.70 |
12.00 |
| 8 |
Commercial Truck with
4-axles |
16.00 |
15.60 |
16.00 |
| 9 |
Commercial Truck with
5-axles |
20.00 |
19.50 |
20.00 |
| 16 |
Commercial Truck with
6-axles |
24.00 |
23.40 |
24.00 |
| 17 |
Commercial Truck with
7-axles |
28.00 |
27.30 |
28.00 |
| 18 |
Commercial Truck with
8-axles |
32.00 |
31.20 |
32.00 |
| 19 |
Commercial Truck with
9-axles |
36.00 |
35.10 |
36.00 |
| 20 |
Commercial Truck with
10-axles |
40.00 |
39.00 |
40.00 |
| 21 |
Commercial Truck with
11-axles |
44.00 |
42.90 |
44.00 |
|
Per extra additional axle over
11 |
4.00 |
3.90 |
4.00 |
| 34 |
IQ Card Deposit |
20.00 |
20.00 |
20.00 |
|
IQ Prox Card Fee |
5.25 |
5.10 |
5.25 |
|
Commercial debit card fee |
3.00 |
2.90 |
3.00 |
All deposits purchased on
trip-based accounts before February 26, 2009, on accounts in good
standing, will be honored at the purchase price.
Background
Since September 1, 2009, the Sault Ste. Marie International Bridge has
been jointly operated by virtue of a cooperative intergovernmental
agreement between the St. Mary’s River Bridge Company (owner
of the half of the bridge in Canada, and the Michigan Department of
Transportation (owner of the half of the bridge in the United States).
A provision in the agreement
requires that toll equity in terms of currency exchange rates be
maintained to within a nickel of the U.S. currency benchmark. The
adjustment shall be made to the nearest nickel, rounded as may be
necessary for administrative efficiency.
The agreement requires that on
October 1 and April 1 of each year the Canadian currency toll rate be
adjusted based on the average daily currency exchange rate for the
previous six-month period ended September 1 and March 1 respectively.
THE
SAULT STE. MARIE INTERNATIONAL BRIDGE
"Bridging our Past, Connecting
our Future"
For 49 Years
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