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Enbridge Inc
Symbol ENB
Shares Issued 846,632,952
Close 2014-10-17 C$ 50.98
Market Cap C$ 43,161,347,893
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Globe says listing ship bad news for Enbridge's Gateway

2014-10-20 06:42 ET - In the News

The Globe and Mail reports in its Saturday edition that on Friday, Haida leaders were to gather for the last day of an annual meeting in Old Massett, B.C., with a resolution on marine safety at the top of the agenda. The Globe's Wendy Stueck writes that instead, they woke up to news of a cargo ship foundering in high seas off the coast of Haida Gwaii. Haida Nation president Peter Lantin said, "Number one on our agenda today was [a resolution] to ban oil tankers off Haida territory." The troubled vessel is not an oil tanker. It was carrying mining material. However, its difficulties -- and the potential for it to run aground with fuel aboard -- highlight safety risks that have dominated debate concerning Enbridge's Northern Gateway project. "It certainly underlines what the Premier and I have been doing with work around the five conditions," B.C. Environment Minister Mary Polak said on Friday. "We brought those to the attention of the federal government precisely because we are concerned that even with the current vessel traffic on the coast of B.C., that the response just isn't sufficient." The Canadian Coast Guard dispatched vessels and aircraft to the scene.

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