01:29:29 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,181,275,613
Close 2025-11-25 C$ 67.08
Market Cap C$ 146,319,968,120
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Globe says Enbridge, rival hear stage set for new pipe

2025-11-26 07:19 ET - In the News

The Globe and Mail reports in its Wednesday edition that Prime Minister Mark Carney updated his cabinet on Tuesday regarding a framework for an energy deal with Alberta that aims to rebuild relations and foster a new era of collaboration in resource development. The Globe's Robert Fife and Stephanie Levitz write that sources say the agreement to be unveiled Thursday in Calgary by the PM and Alberta Premier Danielle Smith will open the door to a bitumen oil pipeline, providing certain conditions are met. Cabinet ministers dismissed questions about whether the deal could hamper caucus unity, as some were involved in creating the environmental measures now potentially waived for Alberta. Government House Leader Steven MacKinnon confirmed that the framework, which will be formalized in a memorandum of understanding, will be signed by Mr. Carney and Ms. Smith. He said, "It will lay out a process and represent an agreement between the Government of Canada and the Government of Alberta on a way forward." This would set the stage for a new oil pipeline. The Carney government will insist that any oil pipeline must have buy-in from coastal first nations and affected provinces, and meet accepted environmental standards.

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