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Enbridge braces for for more pipeline backlash as annual meeting nears
CALGARY ` As if Enbridge Inc. could not hear the cries of protests over the Northern Gateway pipeline at its annual meeting in Calgary last year, what will hit the company in Toronto on Wednesday is expected to be even louder.
Public hearings into the $5.5-billion project to bring crude oil from Bruderheim, Alta. 1,172-kilometre west to the Pacific coast town of Kitimat, B.C. ` and from there to energy-hungry markets in Asia ` have since begun, serving as a focal point for criticism. Canada`s largest crude transporter has also opted to hold this year`s AGM in the country`s financial capital, where many groups opposing the pipeline command a strong presence and where the risk of a public relations backlash affecting the company`s share price is heightened.
Read the full article here.
CALGARY ` As if Enbridge Inc. could not hear the cries of protests over the Northern Gateway pipeline at its annual meeting in Calgary last year, what will hit the company in Toronto on Wednesday is expected to be even louder.
Public hearings into the $5.5-billion project to bring crude oil from Bruderheim, Alta. 1,172-kilometre west to the Pacific coast town of Kitimat, B.C. ` and from there to energy-hungry markets in Asia ` have since begun, serving as a focal point for criticism. Canada`s largest crude transporter has also opted to hold this year`s AGM in the country`s financial capital, where many groups opposing the pipeline command a strong presence and where the risk of a public relations backlash affecting the company`s share price is heightened.
Read the full article here.