The replacement Champlain Bridge in Montreal will open on schedule at the end of the year, according to the SNC-Lavalin-led consortium heading the project.
Cost of the entire corridor project is set at US$3.3 billion of which around $1.8 billion is for construction of the bridge, approach roads and highway adjustments.
Failure to open the bridge to vehicular traffic on time means the consortium faces stiff fines, according to media reports: around $77,500 a day for the first seven days followed by $31