08:17:09 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,023,158,395
Close 2023-06-26 C$ 48.47
Market Cap C$ 98,062,487,406
Recent Sedar Documents

Globe/CP say Enbridge seeks certainty on Line 5

2023-06-27 08:36 ET - In the News

The Globe and Mail reports in its Tuesday edition that Enbridge is asking a U.S. judge for a measure of certainty that its Line 5 cross-border pipeline will not be shut down before it can be rerouted around an Indigenous band's territory in Wisconsin. A Canadian Press dispatch to Globe reports that Enbridge wants Judge William Conley to clarify his earlier order that Line 5 be removed within three years from land that belongs to the Bad River Band of the Lake Superior Chippewa. New court documents filed Friday, described as "requests for clarification," stop short of formally asking Justice Conley to stay any shutdown orders until after Enbridge has completed efforts to detour Line 5. Enbridge argues that it has made a valid argument that Line 5 should be allowed to continue operating, with Bad River receiving a share of the profits, until the reroute is finished. The band has been fighting Enbridge in court since 2019, saying it no longer has permission to operate on its land. Enbridge wants to confirm whether the clock started ticking on June 16, or if the three-year timeline begins from the date of Justice Conley's final judgment, which is still to come, pending revisions and clarifications.

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