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Canada seen launching new talks as Northern Gateway deadline looms

Sep. 20, 2016 12:59 PM ETEnbridge Inc. (ENB) Stock, ENB:CA StockENBBy: Carl Surran, SA News Editor3 Comments
  • Canada's government is expected this week to launch a new round of consultations with First Nations of northern British Columbia on Enbridge's (ENB -0.5%) Northern Gateway pipeline.
  • The government facing a court-imposed Thursday deadline to determine whether it will appeal June's ruling by the Federal Court of Appeal that quashed the former Conservative government’s 2014 approval of the proposed pipeline, finding that the former government’s consultations with affected First Nations were “brief, hurried and inadequate.”
  • One of the complicating factors is the government’s 2015 campaign promise to bring in a moratorium on oil tanker traffic on the northern B.C. coast, which - if the moratorium becomes permanent - would prevent the project from proceeding.

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