Main Street Tunnel technique, whereby the tunnel was excavated, the concrete poured, and the structure buried, on top of which the canal channel was built. This avoided costly boring beneath an active waterway; the structure cost C$11 million. This price was split 50–50 between Transport Canada and the St. Lawrence Seaway Authority. The tunnel opened with a parade featuring the Welland Police pipe band and various officials on the morning of May 20, 1972. Main Street Tunnel The Main Street Tunnel, located in Welland, Ontario, Canada, is an underwater tunnel, carrying Niagara Road 27 and the unsigned designation of Highway 7146 under the
Channel Tunnel build the tunnel, but financing was through a separate legal entity, Eurotunnel. Eurotunnel absorbed CTG/F-M and signed a construction contract with TML, but the British and French governments controlled final engineering and safety decisions, now in the hands of the Channel Tunnel Safety Authority. The British and French governments gave Eurotunnel a 55-year operating concession (from 1987; extended by 10 years to 65 years in 1993) to repay loans and pay dividends. A Railway Usage Agreement was signed between Eurotunnel, British Rail and SNCF guaranteeing future revenue in exchange for the railways obtaining half of the tunnel's capacity. Private funding