CHICAGO — Traffic between Michigan and Canada may not be sufficient in the short term to justify construction of a new $3.5 billion trade bridge between the two countries, but that will likely change over the long term, Fitch Ratings said in a commentary released this week.

“In the near term, it’s not as if there is massive demand,” said Tom McCormick, the Fitch analyst who wrote the  comment “New Michigan Bridge Requires Traffic Increase.”

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