08:30:09 EDT Fri 05 Jun 2026
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TC Energy Corp
Symbol TRP
Shares Issued 1,041,766,896
Close 2026-06-04 C$ 95.75
Market Cap C$ 99,749,180,292
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Globe says Enbridge told feds back down on assessments

2026-06-05 07:00 ET - In the News

See In the News (C-ENB) Enbridge Inc

The Globe and Mail reports in its Friday edition that the federal government is delaying legislation that would bring sweeping changes to environmental assessments, after widespread backlash from climate and nature groups. The Globe's Marieke Walsh writes that in a Thursday news release, Dominic LeBlanc, Minister of Internal Trade, and Transport Minister Steven MacKinnon said they would extend consultations before tabling the legislation. The government wants to streamline the approval process for industrial projects and speed up decision-making, allowing companies to more quickly clear regulatory hurdles aimed at protecting the environment. The original consultation period was set to end this week. Consultations will now go until July 22, meaning the earliest the new legislation could be tabled would be in the fall parliamentary sitting. The last-minute decision to delay the legislation and instead take more time to gather feedback is a rare move from Prime Minister Mark Carney's government, which has prioritized speed in its first year in office. It has already repealed or overhauled many other climate-change and environment policies from the Justin Trudeau era, prompting pushback from within and outside the party.

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