07:32:40 EDT Tue 09 Jun 2026
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 823,022,699
Close 2013-06-17 C$ 44.97
Market Cap C$ 37,011,330,774
Recent Sedar+ Documents

Globe says Enbridge lawyer details benefits of Gateway

2013-06-18 08:19 ET - In the News

The Globe and Mail reports in its Tuesday edition that Enbridge lawyer Richard Neufeld warns economic disaster looms should Enbridge's proposed Northern Gateway pipeline be rejected. A Canadian Press dispatch to The Globe reports that Mr. Neufeld says billions of dollars are at stake. He says, "It's going to allow our country to enjoy tremendous economic benefits that would be afforded by this project, while at the same time providing fair and reasonable protections for local and regional interests." The $6-billion project would free landlocked Alberta to expand its customer base beyond the United States, delivering oil to a tanker port on the British Columbia coast and beyond, to the lucrative oil markets of Asia. Should the line be rejected, Mr. Neufeld says the whole country will face the economic consequences. Mr. Neufeld says if the United States decided it no longer needs Canadian oil, "Canadians would be facing, we suggest, an economic catastrophe of unprecedented proportion." After a more than a year of hearings, dozens of members of the public packed a hotel conference room in Terrace, B.C., to listen to final arguments under the watchful eyes of private security guards and RCMP.

© 2026 Canjex Publishing Ltd. All rights reserved.