04:25:10 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 929,112,973
Close 2016-06-03 C$ 53.13
Market Cap C$ 49,363,772,255
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Globe says Enbridge rival see Van mayor step up fight

2016-06-06 05:26 ET - In the News

The Globe and Mail reports in its Saturday, June 4, edition that Vancouver Mayor Gregor Robertson and aboriginal leaders from the Lower Mainland are planning to meet this week with Natural Resources Minister Jim Carr and other cabinet members and MPs to press their concerns about Enbridge rival Kinder Morgan's Trans Mountain pipeline project. The Globe's Shawn McCarthy writes that Kinder's proposal would triple the amount of oil sands bitumen being exported through Vancouver harbour. Vancouver is also launching a campaign calling on residents to contact their local members of Parliament to voice their views on the controversial, $6.8-billion pipeline expansion, which would provide Alberta's oil industry with greatly desired access to Pacific Rim markets. Mr. Robertson said Friday: "The federal cabinet has got a big decision to make and we want to be sure they hear loud and clear from the West Coast that the Kinder Morgan proposal is a no-go. The risk is the catastrophic impact on our economy and our environment of an oil spill when it happens." The unyielding opposition from politicians and first nations in British Columbia represents a major challenge for Prime Minister Trudeau.

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