14:53:49 EDT Thu 25 Apr 2024
Enter Symbol
or Name
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CA



Enbridge Inc
Symbol ENB
Shares Issued 1,695,000,042
Close 2018-02-08 C$ 43.36
Market Cap C$ 73,495,201,821
Recent Sedar Documents

Globe says Kinder, others facing new green legislation

2018-02-09 08:08 ET - In the News

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

The Globe and Mail reports in its Friday, Feb. 9, edition that Environment and Climate Change Minister Catherine McKenna tabled legislation on Thursday that aims to increase protection for the environment and indigenous rights, while providing greater timeliness and certainty for businesses. The Globe's Shawn McCarthy writes that industry officials said the legislation appears to erect new hurdles for proposals, while environmental groups said it falls short by not clearly ruling out projects that would have significant adverse environmental effects. Liberal ministers defended the legislation, which will put one agency in charge of reviewing major resource projects and downgrade the role of the National Energy Board. The legislation would set timelines that include a limit of 600 days to review the most controversial projects. The sweeping changes come as Prime Minister Justin Trudeau is caught up in the dispute between B.C. and Alberta over the expansion of Kinder Morgan Canada's Trans Mountain pipeline. B.C. Premier John Horgan said the Liberal reforms provide clear evidence that the government recognizes the existing system -- under which Trans Mountain was reviewed -- is inadequate.

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