07:36:09 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 938,633,994
Close 2016-12-06 C$ 55.40
Market Cap C$ 52,000,323,268
Recent Sedar Documents

Globe says Enbridge hears Kinder pipe good for B.C. GDP

2016-12-07 08:38 ET - In the News

The Globe and Mail reports in its Wednesday edition that Alberta Premier Rachel Notley insists an economic case can be made for not just the Kinder Morgan pipeline, but the oil and gas industry more broadly. The Globe's Gary Mason writes that in 2012, for instance, 44,000 British Columbians derived an income totalling $2-billion working mainly in Alberta's oil fields. She insists a pipeline will raise B.C.'s gross domestic product, on an annualized basis, near $1-billion. She says there are people in British Columbia's forestry sector who are in real economic pain because of the state of the industry and could use some of the employment benefits the Kinder Morgan project could provide. It is clear, however, Ms. Notley is trying to go after the ideological middle who do not have hardened positions on pipelines and the environment. These are usually the same people who determine elections in British Columbia. The Liberals have their base, the NDP theirs, and then there is a group of 10 per cent to 15 per cent of the electorate in the centre that ends up deciding power. Throughout history, according to Mr. Mason, a strong economic message has most often resonated with this group.

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