23:32:47 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 1,634,733,168
Close 2017-04-13 C$ 56.29
Market Cap C$ 92,019,130,027
Recent Sedar Documents

Globe says EnCana, others betting on a B.C. Clark win

2017-04-17 09:08 ET - In the News

See In the News (C-ECA) EnCana Corp

The Globe and Mail reports in its Saturday edition that big oil companies are betting on Christy Clark's re-election as B.C. Premier. The Globe's Jeff Lewis writes that the Alberta-based oil industry helped bankroll the BC Liberals in 2016. The financial support underlines the high stakes for the energy industry. B.C. heads to the polls on May 9. The sector is determined to boost exports of crude to overseas markets via Kinder Morgan's $7.4-billion Trans Mountain pipeline expansion. However, B.C. NDP Leader John Horgan has pledged to kill the project if elected, though how he could block it remains unclear. Meanwhile, Ms. Clark has distanced herself from the plan, even though the party's biggest donors are companies that either directly support the pipeline or stand to benefit from wider access to energy-thirsty Pacific markets. Among donors are Canadian Natural Resources ($12,200); Imperial Oil ($23,000); the Canadian affiliate of Chevron ($29,880); and Cenovus Energy ($5,900). Other donors would benefit from liquefied natural gas exports should they ever materialize. They include Enbridge ($9,600) and TransCanada ($16,850) as well as oil and gas driller EnCana ($80,250).

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