03:09:34 EST Sat 07 Feb 2026
Enter Symbol
or Name
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CA



Enbridge Inc
Symbol ENB
Shares Issued 2,181,285,474
Close 2026-01-05 C$ 64.07
Market Cap C$ 139,754,960,319
Recent Sedar+ Documents

NP says Enbridge, rival hear need to build pipelines

2026-01-06 07:26 ET - In the News

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

The National Post reports in its Tuesday, Jan. 6, edition that President Donald Trump's removal of Nicolas Maduro has indirectly targeted Canada's oil industry. The Post's guest columnist Adam Pankratz writes that there is newfound urgency for Canadian pipeline construction due to Venezuela's vast proven oil reserves, particularly its extra heavy crude from the Orinoco belt, which is similar to Alberta's oil sands. With around 303 billion barrels of proven reserves, Venezuela has nearly double the proven reserves of Alberta's heavy oil. If Mr. Trump achieves his aim, it could be a massive blow to Canada's oil industry and a devastating hit to our sluggish economy. The one mitigating factor here is time. Venezuela's oil infrastructure has been so badly neglected that production cannot come back immediately. It will take years and billions of dollars to get back to full production and that gives Canada a small window of opportunity to diversify away from U.S. dependence. The opportunity lies in building pipelines to our coasts, allowing us to access fair global prices instead of being dependent on the U.S. Currently, over 80 per cent of our export pipeline capacity goes south, limiting our options and forcing discounts.

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