15:20:21 EDT Tue 30 Apr 2024
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Enbridge Inc
Symbol ENB
Shares Issued 855,034,826
Close 2015-04-14 C$ 64.04
Market Cap C$ 54,756,430,257
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Van Sun says controversy around spill will hit Enbridge

2015-04-14 06:54 ET - In the News

The Vancouver Sun reports in its Tuesday edition the debacle last week in Vancouver's English Bay, caused by a foreign grain carrier, will have huge implications for billions of dollars in proposed pipeline investments as well as Ottawa's strategy for exporting Alberta's energy resources. The Sun's Barbara Yaffe writes the future of Enbridge's Northern Gateway pipeline and expansion of Kinder Morgan's TransMountain line depend on these companies gaining social licence for such infrastructure, which was elusive even before the MV Marathassa spewed out its bunker fuel. British Columbia boasts a strong green movement and is a place where seabirds and wildlife have exalted status. Cruise ships dock through three seasons. Despite all that, last week's accident caught all parties with their pants down. The feds, the province and the City of Vancouver blew it. Political leaders darted out in front of the cameras to perform a Keystone Kops routine, replete with highly quotable sound bites, blaming the next guy. The performance showed not only how unprepared government emergency responders are for oil spills in the harbour, but that the different jurisdictions have no plan for co-ordination and co-operation.

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