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Enbridge Inc
Symbol ENB
Shares Issued 856,712,928
Close 2015-06-19 C$ 57.31
Market Cap C$ 49,098,217,904
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Globe says Suncor, rivals hear Notley is all ears

2015-06-22 08:20 ET - In the News

See In the News (C-SU) Suncor Energy Inc

The Globe and Mail reports in its Saturday edition that Premier Rachel Notley says she is listening to energy producers. The Globe's Justin Giovannetti writes that Ms. Notley says: "There's the potential for us to build legislation that will really make us a national leader. There once was a time when Alberta was a leader -- I think we could be again." Ms. Notley plans to increase corporate and personal income taxes, draft a new climate-change strategy and commence a review of energy royalties. She has also taken over the Canadian discussion on minimum wage, announcing plans to set a floor of $15 per hour by 2018. "We need to be doing more upgrading of our product before we ship it offshore. I'd like to see more of that upgrading here, but maybe it doesn't all need to be done in Alberta. I don't think that can be separate from our obligation to deal with the citizens of the country who are legitimately concerned about our environmental record." Ms. Notley's critics in Alberta have criticized her for refusing to back Enbridge's Northern Gateway or TransCanada's Keystone XL pipelines. She does support one pipeline project to transport Alberta's oil to British Columbia's coast.

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