09:13:18 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 929,112,973
Close 2016-06-20 C$ 53.79
Market Cap C$ 49,976,986,818
Recent Sedar Documents

Globe says Enbridge, rivals hear Grits reviewing rules

2016-06-21 06:48 ET - In the News

Also In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Tuesday edition that Ottawa is conducting a wholesale review of the environmental rules for approving major resource projects, though the current reviews of controversial pipeline proposals will proceed under the existing regime. The Globe's Shawn McCarthy writes that the federal announcement came as Vancouver launched a court challenge against the National Energy Board's review of Enbridge rival Kinder Morgan's proposed expansion of the Trans Mountain pipeline to Burnaby, B.C. Mayor Gregor Robertson calls the NEB review "flawed and biased." City lawyers argue the NEB panel failed to adequately consult communities along the pipeline's path and ignored scientific evidence. The Grits say the move is aimed at restoring credibility to the environmental review process. The Liberals will appoint expert panels to review a series of laws, including the National Energy Board Act, the Canadian Environmental Assessment Act, the Fisheries Act and the Navigation Protection Act. They are due to report next January. Environment Minister Catherine McKenna says, "We need to build trust in the environmental assessment process and we need to modernize it."

© 2024 Canjex Publishing Ltd. All rights reserved.