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or Name
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CA



Enbridge Inc
Symbol ENB
Shares Issued 846,209,196
Close 2014-08-01 C$ 53.90
Market Cap C$ 45,610,675,664
Recent Sedar Documents

Globe says tactics, not facts, plague Enbridge's Gateway

2014-08-05 09:20 ET - In the News

The Globe and Mail reports in its Tuesday edition that under Canadian laws, major projects are subjected to regulatory hearings conducted by panels possessing the necessary expertise to reach technically and environmentally sound decisions. The Globe's Gwynn Morgan writes that proponents and opponents make their cases for and against, recognizing a tribunal will make the final decision. That was before "social licence" became an additional obstacle. The social licence argument provides anti-development lobby groups with the opportunity to impact a project's fate by fostering opposition not only from those directly affected, but the public at large. In this dynamic, the playing field is almost always tipped against the project sponsor. A case in point is the effort environmental NGOs exerted to convince first nations that Enbridge's Northern Gateway would destroy their water supplies and pollute their soil. Mr. Gwynn says these same groundless tactics have been used in an effort to turn public opinion in British Columbia, and across Canada, against the project. Hidden from the public is the NGOs' real agenda, which Mr. Gwynn says is stopping development of the Canadian oil sands.

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