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or Name
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CA



Enbridge Inc
Symbol ENB
Shares Issued 846,209,196
Close 2014-08-11 C$ 53.52
Market Cap C$ 45,289,116,170
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FP says protesters halt work at Enbridge's Line 9

2014-08-12 07:35 ET - In the News

The Financial Post reports in its Tuesday, Aug. 12, edition that a group of protesters is interrupting work at an Enbridge ($53.52) pipeline site in north Toronto. A Canadian Press dispatch to the Post reports that the blockade is the latest in a series of actions to protest the company's controversial Line 9 project. A spokesman for the group, dubbed the Community Response Unit for Decontaminating our Environment, says the protesters are attempting to stop the project and stand in solidarity with previous demonstrations. Enbridge plans to reverse the flow and increase the capacity of Line 9, which shuttles oil between Sarnia, Ont., and Montreal. Critics argue the pipeline puts the environment at risk and there has been little consultation with aboriginal communities. Police say the demonstration is peaceful and there are officers on scene. On Monday, five protesters were arrested at another blockade site in Innerkip, Ont., near Woodstock. The group said last week it will continue its protest until its concerns are addressed. Protest spokesman Hannah Batten said last week the activists would remain at the site indefinitely. Enbridge has said Line 9 has a good safety record.

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