03:11:16 EST Sat 07 Feb 2026
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Enbridge Inc
Symbol ENB
Shares Issued 2,180,402,892
Close 2025-07-07 C$ 60.32
Market Cap C$ 131,521,902,445
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Globe says Enbridge, rival hear call for more pipelines

2025-07-08 07:36 ET - In the News

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

The Globe and Mail reports in its Tuesday, July 8, edition that Ontario and Alberta are teaming up to build new oil pipelines and trade infrastructure. The Globe's Emma Graney writes that Alberta Premier Danielle Smith and Ontario Premier Doug Ford signed two memorandums of understanding, citing the need for collaboration amid trade tensions and global economic uncertainty. The MOUs aim to double down on energy security for Ontario, with pipelines that would connect new and existing refineries there to Alberta oil and gas, and expand export opportunities. The MOUs contain no details about how or by whom these projects would be built. Ms. Smith said she has always felt that a pipeline to Ontario "just makes sense from an energy security point of view," and believes Ontarians would support such a plan. On Monday, Mr. Ford and Ms. Smith urged the federal government to strengthen Canada's economy by implementing regulations to facilitate new oil pipelines. Prime Minister Mark Carney said over the weekend that a new oil pipeline to the British Columbia coast is "highly likely" to be included in the Canadian government's list of national importance projects to be fast-tracked under Bill C-5.

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