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Enbridge Inc
Symbol ENB
Shares Issued 856,712,928
Close 2015-07-14 C$ 58.20
Market Cap C$ 49,860,692,410
Recent Sedar Documents

Globe says TransCanada, others see energy strategy push

2015-07-15 07:36 ET - In the News

See In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Wednesday edition it is good that the premiers are meeting on Wednesday in St. John's to discuss and add some specifics to a document called the Canadian Energy Strategy. A Globe editorial says when former Alberta premier Alison Redford initiated the CES three years ago, she was trying to persuade her colleagues to ease and speed the way to building east-west pipelines in other provinces. The draft 37-page CES document ventures to mention the word "pipelines" only three times, as if "infrastructure" and "transportation" were more polite, less indelicate terms. By only hinting at pipelines, the document does not do enough to advance the whole discussion. At the same time, the three biggest provinces -- British Columbia, Quebec and Ontario -- have either enacted substantial carbon-reduction policies or have announced their policies. The CES draft says there ought to be an "absolute" target for reduction of emissions, going beyond Alberta's relative degree of "intensity" of emissions. The draft marks this whole paragraph in red -- that is, for potential deletion. Both Alberta and Saskatchewan have greatly increased their emissions since 1990.

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