The US did not buy the canal, we dug it.
Colombia
Theodore Roosevelt was in office when he was authorized by the US Congress to purchase rights to build the Panama Canal through the passing of the Spooner Act in 1902.
Because it was called the Panama Canal
Panama. The canal is the Panama Canal, built by the US between 1904 and 1914.
It is the Panama Canal. It was originally built by the US. However Panama just completed a major improvement of the canal.
panama
No, France sold the rights to the Panama Canal to the US.
The French had the idea to build a canal across Panama first and they started the project; after about their sixth year working on the canal they ended up going bankrupt. that is when the US showed interest in buying the canal for the French, but Columbia, who at the time owned Panama, would not allow the purchase. An agreement was made with Panama to help them get their independence the US would be allowed to finish building the canal.
The capital city of Panama is Panama City, which straddles the Panama Canal (originally the US-occupied Canal Zone).
YES!
in 1999
The US turned it over to Panama.