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Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 943,186,589
Close 2017-03-06 C$ 55.23
Market Cap C$ 52,092,195,310
Recent Sedar Documents

FP says Enbridge's Monaco sees need to improve outreach

2017-03-07 08:26 ET - In the News

Also In the News (C-TRP) TransCanada Corp

The Financial Post reports in its Tuesday, March 7, edition that pipeline companies need to get better at communicating with local communities, says Enbridge head Al Monaco, as major new infrastructure projects continue to be snarled in regulatory delays. The Post's Jesse Snyder writes that Mr. Monaco says, "Industry needs to up its game." Mr. Monaco spoke before a large gathering of oil and gas professionals Monday at the IHS CERA week in Houston. He says, "We're not whining about what's happening, but we do need to get better when it comes to developing and executing projects." Mr. Monaco's comments come after a number of major pipeline projects in Canada were recently approved, including Kinder Morgan's Trans Mountain expansion and Enbridge's Line 3 replacement. TransCanada's Keystone XL proposal to the U.S. Gulf Coast was also revived recently after President Donald Trump signed an executive order urging the project forward. However, public discontent with pipelines continues to plague expansion plans, with many environmental groups and local residents promising to block the construction of those proposals. Mr. Monaco says pipeline companies need to improve their consultations with stakeholders of all kinds.

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