11:09:49 EDT Fri 17 Apr 2026
Enter Symbol
or Name
USA
CA



Fortis Inc
Symbol FTS
Shares Issued 509,132,995
Close 2026-04-16 C$ 77.94
Market Cap C$ 39,681,825,630
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Globe says Fortis hears Kinew tout new LNG pipeline

2026-04-17 06:34 ET - In the News

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The Globe and Mail reports in its Friday edition that Manitoba Premier Wab Kinew says Ottawa wants to begin shipping liquefied natural gas from the Port of Churchill by 2030, which would include building a new pipeline. The Globe's Temur Durrani writes that Mr. Kinew outlined his government's early plans for the small, deepwater port in Northern Manitoba after meeting with Prime Minister Mark Carney this week. Neither Ottawa nor Manitoba have previously specified a timeline for Churchill's expansion or announced plans for a pipeline to the area. Since last year, the federal and provincial governments have committed about $280-million toward planning and design for the port, eyeing it as a major infrastructure project for fast-track approval and funding. Mr. Kinew said he has been pitching the LNG project to indigenous communities for more than a year, along with seeking support from Ottawa. Arctic Gateway Group has been conducting feasibility studies with the province and federal government to gather industry perspectives about the possible export hub and energy corridor. Simultaneously, the University of Manitoba has been examining how new machinery could enable year-round shipping without harming the environment.

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