12:22:17 EDT Thu 23 Apr 2026
Enter Symbol
or Name
USA
CA



Enbridge Inc
Symbol ENB
Shares Issued 2,183,597,899
Close 2026-04-22 C$ 70.86
Market Cap C$ 154,729,747,123
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Globe/NYT say court rules against Enbridge on Line 5

2026-04-23 07:27 ET - In the News

The Globe and Mail reports in its Thursday, April 23, edition that the U.S. Supreme Court ruled in favour of Michigan officials regarding Enbridge's Line 5 pipeline under a waterway connecting two Great Lakes. A New York Times dispatch to The Globe reports that in a unanimous decision written by Justice Sonia Sotomayor, the court determined that Enbridge missed the deadline to move the lawsuit to federal court. This ruling supports Michigan's efforts to decommission part of the aging pipeline amid concerns of potential environmental disasters. Justice Sotomayor wrote that Enbridge "unquestionably did not meet" a 30-day deadline to move the case, "instead waiting 887 days" after being served the lawsuit to attempt the manoeuvre. Although the legal issue in the case was a narrow one -- whether the lawsuit would be heard in state or federal court -- the dispute had raised broader questions over how much power states have to exert control over the fossil fuel industry. It had also added to the strain in relations between the United States and Canada. Enbridge told the justices that shutting down the pipeline could raise fuel costs and threaten infrastructure used to provide heat for millions of people.

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