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Enbridge Inc
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Shares Issued 856,712,928
Close 2015-09-30 C$ 49.55
Market Cap C$ 42,450,125,582
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Globe says natives split on TransCanada's proposals

2015-10-01 08:33 ET - In the News

See In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Thursday edition aboriginal leaders from Quebec, Ontario and Manitoba said on Wednesday they are keen to form a national alliance to oppose pipelines from Alberta's oil sands. The Globe's Brent Jang writes a visiting delegation met in Vancouver with the Union of B.C. Indian Chiefs to press the case for fighting proposals, such as TransCanada's Energy East pipeline. However, a statement issued by a group of first nations from Northern British Columbia declared support for Eagle Spirit Energy Holdings Ltd., the Aquilini-backed company that envisages refining bitumen into finished products either in Alberta or northeast B.C., before piping them to the West Coast for export. Forty-eight Lax Kw'alaams tribal leaders and members also signed the letter. With Eagle Spirit's plans, there are notable dissenting views. Lax Kw'alaams Mayor Garry Reece has said he opposes the pipeline that would enter his group's territory. Given that the elected Lax Kw'alaams council has spurned Pacific NorthWest LNG's proposed site on Lelu Island for exporting liquefied natural gas, it is hard to imagine widespread support for refined oil exports from a location near Lax Kw'alaams.

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