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Enbridge (ENB +3.2%) powers higher on its plans to spend $6.2B on a series of projects to bring...

Enbridge (ENB +3.2%) powers higher on its plans to spend $6.2B on a series of projects to bring growing volumes of Alberta and North Dakota light oil to market. There's enough shipper support to go ahead with the market access program, which will flow an additional 400K bbl/day to refineries in Ontario, Quebec and the U.S. Midwest. BMO lifts its price target on shares to $50 from $47.
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