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Enbridge Inc
Symbol ENB
Shares Issued 848,767,814
Close 2014-11-21 C$ 52.35
Market Cap C$ 44,432,995,063
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Globe says Enbridge, rivals hear court fights rising

2014-11-24 06:18 ET - In the News

The Globe and Mail reports in its Saturday, Nov. 22, edition that the situation at Burnaby Mountain illustrates the growing resistance inside British Columbia to anything that involves digging holes and extracting the mineral or energy riches that lie beneath the earth. The Globe's Gary Mason writes that more than a couple dozen protesters trying to block Enbridge rival Kinder Morgan's attempts to do preparatory work on its proposed pipeline expansion have been arrested in recent days. Mr. Mason says something new is taking place. The opposition to resource development, in particular, is growing. Mr. Mason explains that it is not just tree-bound activists and first nations leaders determined to stop anything that looks environmentally dangerous or that would encourage fossil fuel dependency. Increasingly it is the province's political leadership as well. Vancouver Mayor Gregor Robertson campaigned on his desire to thwart the Kinder Morgan expansion. Mr. Mason notes that there may not be a bigger adversary of the project than Burnaby Mayor Derek Corrigan, who recently said, "This is going to be a war and it's going to be one that carries on for a number of years."

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