14:32:50 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 929,112,973
Close 2016-05-26 C$ 52.69
Market Cap C$ 48,954,962,547
Recent Sedar Documents

FP says Kinder not expecting same delays as Enbridge

2016-05-27 07:46 ET - In the News

The Financial Post reports in its Friday, May 27, edition that the Trans Mountain pipeline expansion project will not face the same delays that have hurt Enbridge's Northern Gateway pipeline, Kinder Morgan Canada president Ian Anderson said Thursday. The Post's Geoffrey Morgan writes that Enbridge is seeking a three-year extension for its Northern Gateway project, conditionally approved by federal regulators in 2014. Mr. Anderson, however, said his company would begin construction work on Trans Mountain next summer, assuming it receives final federal approval in December. Mr. Anderson said he would reach out to aboriginal groups still fighting the project "very soon," but added "we never expected unanimity. We will proceed according to federal jurisdiction and decision that we get." Mr. Anderson's comments come a week after the National Energy Board recommended Ottawa approve the pipeline expansion project, subject to 157 conditions. The NEB said this week it is also asking the public to weigh on Enbridge's request for a three-year deadline extension. Enbridge had until the end of 2016 to begin building the pipeline as part of more than 200 conditions outlined in the project's environmental certificate.

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