01:29:53 EST Sat 07 Feb 2026
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Enbridge Inc
Symbol ENB
Shares Issued 2,180,036,290
Close 2025-04-24 C$ 64.25
Market Cap C$ 140,067,331,633
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Globe says erratic Trump could shut Enbridge's Line 5

2025-04-25 05:24 ET - In the News

Also In the News (C-TRP) TC Energy Corp

The Globe and Mail reports in its Friday edition that federal Conservative Leader Pierre Poilievre's bold pledge to make Canada an energy superpower stands out in his election campaign. The Globe's Gary Mason writes that while the goal is not absurd, his framing suggests it is an easy task -- just create a preapproved "energy corridor" for pipelines and rail lines to efficiently transport oil, gas and other goods. There is a current appetite in Canada for increased energy infrastructure, partly due to President Donald Trump's threats to our economic security, which raise concerns about the safety of transporting oil from Alberta to Eastern Canada through the U.S. With Mr. Trump, unpredictability reigns. He could abruptly shut the Enbridge Line 5 pipeline, which transports oil from Alberta to Sarnia, Ont. While such a scenario once seemed unimaginable, it is now a possibility. Therefore, there is a case for a West-East pipeline to Ontario and possibly to access European markets. Liberal Leader Mark Carney shares Mr. Poilievre's goal of boosting energy production to make Canada an energy powerhouse, but with a longer timeline -- two years compared with Mr. Poilievre's six-month approval target for resource projects.

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