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or Name
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CA



Enbridge Inc
Symbol ENB
Shares Issued 856,712,928
Close 2015-10-07 C$ 55.89
Market Cap C$ 47,881,685,546
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Van Sun/CP say Enbridge lawyer warns project could die

2015-10-08 09:39 ET - In the News

The Vancouver Sun reports in its Thursday edition that the decision to overturn the environmental approval certificates for Northern Gateway's pipeline would kill the $7-billion proposal, a court heard Wednesday. A Canadian Press dispatch to The Sun quotes Bernard Roth, Northern Gateway's legal counsel, as telling a Federal Appeal Court panel in Vancouver: "If you quash the certificates the music stops. We can't file anything more with the (National Energy Board). We can't continue with our project." A collection of first nations, environmental groups and a union have mounted a legal challenge over what they claim is a federal review panel's failure to address the project's environmental impact and to seek aboriginal consent. The 1,200-kilometre twin pipeline would transport diluted bitumen from Alberta's oil sands to a terminal on the B.C. north coast for overseas shipping. A negative court decision risks putting a chill on large-scale infrastructure investment, said Mr. Roth. "We're at the stage in this country where you're not going to see a lot of these applications filed again if you see this court turning things around after people have literally invested half a billion dollars and growing."

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