07:06:16 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,634,733,168
Close 2017-04-12 C$ 56.41
Market Cap C$ 92,215,298,007
Recent Sedar Documents

Globe says Enbridge rival's pipeline looms large in B.C.

2017-04-13 09:06 ET - In the News

The Globe and Mail reports in its Thursday edition that B.C. Liberal Leader Christy Clark visited Burnaby's election battlegrounds on Wednesday to talk about clean-energy jobs, but sidestepped the contentious Kinder Morgan oil pipeline expansion debate that is expected to influence voters who live in the shadow of the company's marine terminal. The Globe's Justine Hunter writes that the B.C. Liberals have said "yes" to the pipeline project that will result in 34 oil tankers leaving the Burnaby docks on Burrard Inlet each month, while the rival New Democratic Party and the BC Greens both oppose the project. Promoting resource development is a central plank in Ms. Clark's re-election plan. The fate of the Enbridge pipeline rival was seen as a deciding factor in the 2013 campaign, when the NDP flip-flopped and came out against the proposal, and the party is again pledging to kill it if elected. The B.C. Liberal government agreed in January to support Kinder Morgan's Trans Mountain expansion project after the federal government promised enhanced marine oil-spill response investments, and the company pledged to make annual payments that could be worth as much as $1-billion over the life of the 20-year deal.

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