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Enbridge Inc
Symbol ENB
Shares Issued 846,371,626
Close 2014-09-10 C$ 55.75
Market Cap C$ 47,185,218,150
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Globe says Enbridge expresses confidence in Prentice

2014-09-11 06:34 ET - In the News

Also In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Thursday edition that few, if any, public servants have Jim Prentice's experience in energy, environment, trade and aboriginal issues. The Globe's Jeffrey Jones writes that Enbridge says no other Alberta premier has been better suited to negotiate with first nations. The Globe says Mr. Prentice's plan for protecting the environment looks eerily similar to the plan that failed to yield desired results over the past three years, the plan that Alison Redford often touted in support of TransCanada's Keystone XL. The Globe says Mr. Prentice says he wants to establish "world-class" regulation and monitoring of the energy industry all while steering clear of anything that would "damage the competitiveness of our oil and gas industry by unilaterally imposing costs and regulations." Mr. Jones says the word carbon is conspicuous by its absence, even though it has framed debate about the oil sands and Keystone XL. Mr. Prentice in his acceptance speech talked about a new beginning and making tough choices. The Globe says nowhere is this more important than in policies affecting a sector so dependent on trade with jurisdictions that are already wary.

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