The Globe and Mail reports in its Saturday edition that Enbridge chief executive officer Greg Ebel says the company must see "real change on numerous fronts" to consider reinvesting in any new project as Canada mulls building new infrastructure as a strategy in the expanding trade war with the United States. The Globe's Emma Graney writes that Mr. Ebel said Friday that even with permits, regulatory approvals, indigenous participation and strong customer support, the pipeline project was "cut short by the federal government," which cost the company and its investors hundreds of millions of dollars. Mr. Ebel said, "We would need to see real legislative change at the federal and provincial government level that specifically identifies major infrastructure projects like Northern Gateway as being in the national interest -- and therefore legally required." Mr. Ebel would also like to see more flexible permitting, as well as increased indigenous consultation and direct participation via an expanded loan guarantee program, which he said is currently "way too small for meaningful projects." He said governments and policy-makers are saying the right things, but real action on laws and regulations is needed to attract capital.
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