Prime Minister Mark Carney announced Monday that tolls on the Confederation Bridge and ferry fares across federally supported routes would be significantly lowered, effective August 1.

Prime Minster Mark Carney's decision to cut tolls on the Confederation Bridge satisfied a Percy Downe's long-standing quest for equality — but it didn't come without a question.

August 1 marks the first day of Confederation Bridge tolls and ferry fares being reduced on Prince Edward Island, and local businesses are already feeling the excitement.