Big shift in Canadian policy needed for new energy export projects, Enbridge CEO says [Video]

As concerns rise about Canada’s reliance on the United States 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.

“For us to be willing to seriously consider reinvesting in a project like that, whether it’s east or west or just west, we need to see real change on numerous fronts,” said Ebel.

He said he’d want to see legislative changes at both the federal and provincial level identifying energy projects as in the national interest …