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Controversy Flares Over Panama Canal Deficit and Toll Rise
The Panama Canal faces a deficit as traffic dips to about 35 ships daily, down from 39 40 before 1970. Gov. Harold Parfitt cites inflation and governing costs, while Panamanian officials push back. A potential February toll increase and looming treaty changes add political tension to the revenue shortfall.
MENTIONED IN THIS ARTICLE
Los Angeles Times
Balboa
Canal Zone
Panama Canal
American Legion Club
Pacific Ocean
Canal
Panama Canal Co
Suez Canal
United States
Panama
Parfitt
Gerardo Gonzalez
Gonzalez
U.S
Canal Company
Partitt
Japan
White House