06:46:01 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,024,926,494
Close 2023-05-16 C$ 50.08
Market Cap C$ 101,408,318,820
Recent Sedar Documents

Globe/AP say Canada "concerned" about Enbridge's Line 5

2023-05-17 08:05 ET - In the News

The Globe and Mail reports in its Wednesday edition that Canada is "extremely concerned" about the potential fate of Enbridge's Line 5 pipeline, emissaries warned Tuesday in advance of a Wisconsin court hearing that threatens to shut down what they call a vital cross-border oil and gas corridor. A Canadian Press dispatch to The Globe reports that the warning from Canada's embassy in Washington was the first formal comments about the pipeline in months. CP says Canada leaned hard into three areas always sure to get attention in the U.S.: protecting American jobs and growth, defending continental energy security and honouring treaty obligations to an important and trusted ally. The statement from the Canadian embassy in Washington said: "The energy security of both Canada and the United States would be directly impacted by a Line 5 closure. ... At a time of heightened concern over energy security and supply, including during the energy transition, maintaining and protecting existing infrastructure should be a top priority." Enbridge lawyers have filed a raft of affidavits and sworn statements from pipeline safety experts, scientists and environmental engineers, all in opposition to the request for an injunction.

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