09:25:58 EDT Tue 30 Jun 2026
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,184,039,589
Close 2026-06-29 C$ 78.62
Market Cap C$ 171,709,192,487
Recent Sedar+ Documents

Globe says Enbridge hears Alberta making pipeline bid

2026-06-30 06:48 ET - In the News

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

The Globe and Mail reports in its Tuesday edition that Alberta's initial proposal for a new oil pipeline to the West Coast will not be backed by any private-sector proponents, two sources say. A triple bylined item led by Emma Graney report that Alberta set itself a July 1 deadline to submit the proposal for fast-tracked federal consideration. The sources said Alberta will meet that timing and will front the application as the pipeline's initial proponent. Alberta Energy Minister Brian Jean said several proponents, including indigenous groups, have approached the government to invest in the pipeline. He also mentioned talks with an unnamed Fortune 500 company about financing and building the project. Alberta and Ottawa have said that a West Coast pipeline project would be led by private backers, likely a conglomerate, rather than taxpayers. However, companies like Enbridge have hesitated to assume the financial risk of developing the new oil conduit. Ottawa is expected to decide by October on designating the pipeline as a project of national interest, which would allow evaluation under the Building Canada Act for construction conditions. Alberta officials predict oil could flow in a new pipeline by 2033 or 2034.

© 2026 Canjex Publishing Ltd. All rights reserved.