23:21:40 EST Sat 07 Feb 2026
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Enbridge Inc
Symbol ENB
Shares Issued 2,181,046,108
Close 2025-10-30 C$ 65.71
Market Cap C$ 143,316,539,757
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Globe says Enbridge, rival hear East-West pipe proposed

2025-10-31 07:04 ET - In the News

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

The Globe and Mail reports in its Friday edition that Ontario is conducting a feasibility study for a new pipeline and energy corridor to transport oil and gas from Alberta and Saskatchewan to refineries and ports on James Bay, Hudson Bay and the Great Lakes. The Globe's Emma Graney writes that Premier Doug Ford said this initiative aims to strengthen Ontario's economy and protect its energy security amidst U.S. tariffs. The proposed pipeline would be built entirely within Canada using Canadian steel. The study, set to be completed next year, will explore potential locations, costs and additional development opportunities in Ontario, including all-season roads in the Ring of Fire region and grid upgrades. Acting Ontario Infrastructure Minister Todd McCarthy said he hoped the concept would make Prime Minister Mark Carney's next list of major national projects earmarked for fast-tracking, expected next month. He said: "We're not waiting. We hope the federal government will join us." Canada needs to transform, he said, to ensure it can both power itself and increase energy exports. With both Alberta and Saskatchewan aiming to significantly boost oil production, the premiers of both provinces applauded Ontario's plan.

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