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Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 934,234,152
Close 2016-09-20 C$ 57.62
Market Cap C$ 53,830,571,838
Recent Sedar Documents

Globe says Enbridge's Northern Gateway is now in limbo

2016-09-21 08:32 ET - In the News

The Globe and Mail reports in its Wednesday, Sept. 21, edition that the fate of Enbridge's proposed Northern Gateway pipeline project is in limbo while Ottawa mulls its next step. The Globe's Mark Hume and Laura Stone write that in separate announcements Tuesday, both the government and Northern Gateway Pipelines Inc. announced they will not appeal a July court ruling quashing an order-in-council approving the project. The Federal Court of Appeal ruling also nullified two National Energy Board certificates for the pipeline. The ruling found that while Northern Gateway Pipelines had met its requirements, the government had not adequately fulfilled its duty to consult first nations. The proposed 1,177-kilometre twin pipeline cannot proceed without the OIC and the NEB certificates. Natural Resources Minister Jim Carr said the government will not challenge the court judgment. Mr. Carr said: "We're not appealing the decision because we understand what the court has said. The court was not critical of Enbridge, was not critical of the regulator, but was critical of the Harper government that didn't do its job. So we're not going to contradict the court's judgment in this case."

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