Travelling throughout Atlantic Canada will soon cost much less for many.

Ottawa is reducing tolls on the Confederation Bridge and interprovincial ferries in Atlantic Canada.

Prime Minister Mark Carney visited the island on Monday morning to make the announcement.

“By cutting tolls on the Confederation Bridge and fares on ferries in Atlantic Canada, Canadians and businesses will save millions of dollars,” said Carney.

“That means more travel and trade between provinces, a stronger, more united economy, and more prosperity and opportunity for Canadians.”

As of Friday, the Confederation Bridge toll will be reduced by more than half, from more than $50 to $20.

Ottawa is also cutting fares in half for passengers, vehicles and commercial traffic on several interprovincial ferries, including:

• Wood Islands, P.E.I., to Caribou, N.S.
• Saint John, N.B., to Digby, N.S.
• Îles-de-la-Madeleine, Qué., to Souris, P.E.I.

For the ferries between Nova Scotia and Newfoundland and Labrador, fares will be cut in half for passengers and passenger vehicles, and commercial freight rates will be frozen.

Reducing the tolls and fares on the Confederation Bridge and the Nova Scotia to P.E.I. ferry was something Carney had promised during the recent federal election campaign.