08:40:51 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 943,186,589
Close 2017-03-07 C$ 56.13
Market Cap C$ 52,941,063,241
Recent Sedar Documents

Globe says Enbridge, Exxon CEOs defend free trade

2017-03-07 07:56 ET - In the News

Also In the News (C-IMO) Imperial Oil Ltd
Also In the News (C-TRP) TransCanada Corp

The Globe and Mail reports in its Tuesday edition that top North American energy executives made a plea for continued North American free trade at a high-profile conference. The Globe's Shawn McCarthy writes that Enbridge chief executive officer Al Monaco and Imperial Oil parent Exxon Mobil's Darren Woods argued industry and consumers are best served by open markets and free trade. Mr. Monaco said it is too early to know the impact of the Trump administration's plan to renegotiate the North American free-trade agreement on his company. He said, "The value from the integrated energy market between the two countries is unquestionable." Enbridge completed its $28-billion (U.S.) acquisition of Spectra Energy this past month. It is also awaiting regulatory approval from the State of Minnesota to dramatically expand its main crude-export line from Alberta to the U.S. Midwest, and from there connecting to the Gulf Coast. Mr. Monaco said he is confident that project will not be affected by President Donald Trump's executive order to require U.S. steel to be used in U.S. pipelines. The White House said last week that it would exempt TransCanada and its Keystone XL project from that order.

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