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Enbridge Inc
Symbol ENB
Shares Issued 1,715,416,060
Close 2018-09-07 C$ 44.86
Market Cap C$ 76,953,564,452
Recent Sedar Documents

Globe/CP say Kinder, rivals see fed mull court response

2018-09-10 08:10 ET - In the News

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

The Globe and Mail reports in its Saturday edition that the future of resource development depends on Ottawa responding correctly to a court ruling that has stalled the Trans Mountain pipeline expansion, Prime Minister Justin Trudeau said on Friday. A Canadian Press dispatch to The Globe reports that Ottawa's response is about more than just one pipeline project, the Prime Minister said. "What we need is not just this pipeline. We need to be able to build resource projects of all different types with appropriate social licence." The Federal Court of Appeal ruled against Trans Mountain last week. Mr. Trudeau said the decision must be seen in a broader context if the government is to ensure that Trans Mountain -- and other resource projects -- don't get bogged down in endless court battles in the future. Mr. Trudeau also fired back at critics who accuse his government of being unable to get large resource projects built, pointing to TransCanada's Keystone XL pipeline that has already been approved in Canada, but is facing roadblocks south of the border. The PM said last week the government was looking at formulating a legislative response to the decision, including an appeal to the Supreme Court of Canada.

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