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Enbridge Inc
Symbol ENB
Shares Issued 1,645,927,509
Close 2017-10-12 C$ 51.69
Market Cap C$ 85,077,992,940
Recent Sedar Documents

Globe says Kinder, others hear pipe expansion defended

2017-10-13 07:13 ET - In the News

See In the News (C-KML) Kinder Morgan Canada Ltd

The Globe and Mail reports in its Friday, Oct. 13, edition that Canada's transition to a low-carbon future must include new pipelines to expand oil exports to a diverse global marketplace, federal and Alberta ministers told an energy conference in Winnipeg on Thursday. The Globe's Shawn McCarthy writes that in a panel discussion featuring federal and provincial ministers, Alberta Energy Minister Margaret McCuaig-Boyd warned Ottawa against adopting an "extreme" regulatory approach that would discourage investment in the oil and gas sector. B.C. Energy Minister Michelle Mungall stressed that the new provincial government's energy policy is focusing on reconciliation with indigenous people, a pointed reference to opposition by several First Nations to Kinder Morgan's Trans Mountain pipeline project. In the discussion, Ms. McCuaig-Boyd and federal Natural Resources Minister Jim Carr suggested the fossil-fuel industry remains a critical part of the country's economy and must have access to growing demand in Asian markets. "There is an insatiable appetite for Canadian production [of oil and gas] in Asia," Mr. Carr said. "That's why we approved the Trans Mountain pipeline."

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