01:09:22 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,125,574,107
Close 2023-10-23 C$ 43.98
Market Cap C$ 93,482,749,226
Recent Sedar Documents

Globe says Enbridge, others hear gov't did not consult

2023-10-23 07:07 ET - In the News

Also In the News (C-BEP) Brookfield Renewable Partners LP
Also In the News (C-CPX) Capital Power Corp
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The Globe and Mail reports in its Monday, Oct. 23, edition that the United Conservative government ordered the Alberta Utilities Commission to halt approvals for all renewable projects in August, citing the need to review rules around reclamation, how wind and solar installations affect viewscapes, and worries that prime agricultural land is being used for energy instead of grazing or growing crops. The Globe's Emma Graney writes that the pause is set to expire on Feb. 29, 2024. The government did not consult with the renewables sector before the surprise announcement, which drew a widespread rebuke from municipalities, indigenous communities, companies and industry groups. Business Renewables Centre-Canada's acting director Jorden Dye says with so many projects in the connection queue, even a short pause risks delaying projects and jeopardizes much-needed revenue. Alberta Utilities and Affordability Minister Nathan Neudorf counters that no current or in-construction projects are affected by the pause, so the renewable energy tax revenue of municipalities is stable. He adds the government-mandated review has received "broad support from rural municipalities, including those with large renewable investments."

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