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Enbridge Inc
Symbol ENB
Shares Issued 823,022,699
Close 2013-06-17 C$ 44.97
Market Cap C$ 37,011,330,774
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Globe says Enbridge lawyer envisions catastrophe

2013-06-18 07:24 ET - In the News

The Globe and Mail reports in its Tuesday, June 18, edition that at the first day of the final Northern Gateway pipeline oral-arguments hearing, the joint review panel heard from Enbridge's Gateway lawyer Richard Neufeld, who said Canadians could face "economic catastrophe" if the country continues to rely almost solely on the United States and that export market stops taking oil from Canada. The Globe's Kelly Cryderman writes that Mr. Neufeld also shot back at critics, particularly environmental groups, who said Enbridge has not provided enough information about the project. "It's almost as if some of these organizations would have you believe if only Northern Gateway had supplied more environmental information, they could have supported this pipeline," he said Monday. "No amount of additional environmental information is going to persuade Forest Ethics, the Natural Resources Defence Council or any other member of the so-called tar sands campaign to support the pipeline." The joint review panel also heard from the Alexander First Nation, which supports the project, and the Coastal First Nation, an alliance against the project, among others.

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