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

Big Shift in Canadian Policy Needed for New Energy Export Projects: Enbridge
The Enbridge Cheecham Terminal, an oil storage terminal, southeast of Fort McMurray, Alta. is shown on April 23, 2024. The Canadian Press/Amber Bracken
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As concerns rise about Canada’s reliance on the U.S. for energy exports, Enbridge Inc. chief executive Greg Ebel says getting a big new energy export project off the ground in this country would require drastic shifts in government policy.

Speaking on an earnings call, he laid out numerous criteria such as legal guarantees for a pipeline, the removal of various environmental policies, more funding for indigenous participation and better indications of costs and financial returns before the company would consider reviving something like the Northern Gateway pipeline or other export projects.