15:48:39 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 856,712,928
Close 2015-07-30 C$ 56.29
Market Cap C$ 48,224,370,717
Recent Sedar Documents

Globe says Enbridge rival Kinder faces more resistance

2015-07-31 08:25 ET - In the News

The Globe and Mail reports in its Friday edition that the National Energy Board is facing more resistance to its review of the proposed Kinder Morgan Trans Mountain pipeline expansion. A Canadian Press dispatch to The Globe reports that British Columbia's Opposition New Democrats, the City of Burnaby and the Sierra Club issued renewed challenges to the process on Thursday. The NDP says in a letter signed by its leader John Horgan and environment critic Spencer Chandra Herbert, "The NEB assessment process of this particular project is fundamentally flawed and broken." Enbridge rival Kinder Morgan hopes to triple the bitumen-carrying capacity of the Trans Mountain line, which would increase the number of tankers in Burrard Inlet to 34 from the current five a month. The strongly worded letter from the NDP details four major concerns with the NEB process, including that it lacks the public's confidence, doesn't consider climate change, has not required Kinder to disclose its emergency response plans and failed to ensure first nations were on board. Meanwhile, Burnaby is refusing to provide the NEB extra policing services for the upcoming Trans Mountain hearings in September.

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