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Big Shift in Canadian Policy Needed for New Energy Export Projects: Enbridge

  • Enbridge Inc. Chief Executive Greg Ebel stated that significant changes in government policy are required for new energy export projects in Canada to proceed, including legal guarantees and removal of environmental policies.
  • A poll from the Angus Reid Institute suggests public support for new pipeline projects is increasing amid growing trade tensions with the U.S.
  • Ebel mentioned that discussions about new export options are positive, but actionable legislative and regulatory changes are necessary for investment attractiveness.
  • Despite tariff concerns, Enbridge does not foresee significant changes in spending plans for projects without legislative changes.
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Bloomberg broke the news in United States on Friday, February 14, 2025.
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