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Enbridge Inc
Symbol ENB
Shares Issued 2,182,250,891
Close 2026-03-26 C$ 75.49
Market Cap C$ 164,738,119,762
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Globe/CP say Enbridge to help with U.S. policing costs

2026-03-27 07:32 ET - In the News

The Globe and Mail reports in its Friday edition that Enbridge has agreed to funnel money to U.S. law enforcement in anticipation of protests against its Line 5 pipeline reroute project. A Canadian Press dispatch to The Globe reports that Enbridge says it volunteered the public safety fund to assist the authorities in Wisconsin with covering extra costs linked to the rerouting of the pipeline opposed by indigenous communities. Carleton University sociologist Jeffrey Monaghan says, "It's hard to think that there's not some kind of transactional benefit to paying the bills." He notes that while resource companies build close ties with police in Canada to support their projects or suppress protests, such arrangements would likely be unpopular here. He says Canada has previously been influenced by U.S. criminal justice policies. "I think it certainly could migrate up. I really hope it doesn't." Enbridge will pay into a public safety escrow fund managed by the Wisconsin Counties Association, which represents the state's local governments. A lawyer for the association told local officials there would be no time limit and no cap on how much Enbridge may contribute, suggesting the fund would contain millions of dollars.

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