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Enbridge Inc
Symbol ENB
Shares Issued 851,951,607
Close 2015-03-12 C$ 58.94
Market Cap C$ 50,214,027,717
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Globe says Hage believes Enbridge's Gateway is saveable

2015-03-13 06:39 ET - In the News

The Globe and Mail reports in its Friday, March 13, edition that former Canadian diplomat Robert Hage is urging the federal, Alberta and British Columbia governments to work together to get public and first nations support for Enbridge's proposed Northern Gateway pipeline project. The Globe's Mark Hume writes that although the proposed $6.5-billion pipeline was approved last year by the Tory government, it remains contentious in B.C., where it is strongly opposed by first nations, environmental groups and effectively by the provincial government, which has imposed five as-yet-unmet conditions for acceptance. Because of the widespread opposition some media pundits have declared Northern Gateway dead, but Mr. Hage's paper for the Macdonald-Laurier Institute, a conservative Canadian think tank, says the pipeline can be saved if governments work together to address some of the causes of that opposition. "This paper has found that this is an issue fraught with contradictory questions and contradictory answers, with economic needs but environmental misgivings, with public scrutiny but lack of public awareness, with careful planning but missed opportunities," Mr. Hage says.

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