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Enbridge Inc
Symbol ENB
Shares Issued 846,371,626
Close 2014-09-22 C$ 55.61
Market Cap C$ 47,066,726,122
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Globe says Prentice envisions Enbridge road to success

2014-09-23 06:52 ET - In the News

The Globe and Mail reports in its Tuesday edition that Alberta Premier Jim Prentice says getting first nations approval for Enbridge's proposed Northern Gateway pipeline will be "pretty tough," as long as the proposed terminus remains at Kitimat, B.C. The Globe's Gary Mason writes that Mr. Prentice says there are other options besides Kitimat from which to load unrefined, heavy oil onto tankers destined for Asian ports. Mr. Prentice says the environmental concerns of coastal first nations to the existing plan need to be respected. Mr. Prentice says he is conscious of Alberta's image as an environmental miscreant and plans to address it -- including developing a climate-change strategy. Mr. Prentice says he remains optimistic that a solution can be found to overcome British Columbia first nations pipeline objections, allowing Alberta to gain access to vital tidewater on the West Coast. "I believe there is a way to get to success on this, I really do," says Mr. Prentice, who consulted with aboriginal groups in B.C. on behalf of project proponent Enbridge before winning the leadership of Alberta's Progressive Conservative Party earlier this month. He says he has a "strong relationship with first nations."

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