CALGARY, AB, April 15, 2021 /PRNewswire/ - A multi-party
Canadian House of Commons Special Committee report released today
affirms the economic importance of the Line 5 pipeline to both
Canada and the U.S. and recommends
urgent, bi-national executive action to resolve the dispute between
the State of Michigan and Enbridge
over the Straits of Mackinac
crossing.
"Line 5 is a significant aspect of Canada's economic relationship with
the United States and contributes
to secure energy supplies in both countries," the report states.
"Its shutdown could have many implications, including reduced
safety, shortages of various energy products on both sides of the
Canada–U.S. border, transportation bottlenecks for Alberta's crude oil, and job losses for
Canadian and American workers. In this context, the Special
Committee believes that the Government of Canada's efforts designed to ensure that Line
5 remains in operation are vital."
Since the beginning of 2021, governments, local communities,
labor groups, chambers of commerce, business councils, industry
associations and thousands of citizens in Canada and the U.S. have been vocal in
stressing the importance of keeping Line 5 operating without
interruption until Enbridge can complete its Great Lakes Tunnel
Project.
The Special Committee's report on Line 5 follows parliamentary
hearings in March that featured testimony from labor and business
groups like Canada's Building
Trades Unions, the Laborers' International Union of North America, and the Canadian Chamber of
Commerce. The Energy Ministers from Ontario, Alberta and Saskatchewan also testified to the importance
of Line 5. Many organizations provided written input to the
committee.
"Enbridge is grateful for the tremendous outpouring of support
for the uninterrupted operation of Line 5, including
Parliamentarians across all party lines who've come together on
this important cross-border issue," said Vern Yu, Executive Vice President and President,
Liquids Pipelines. "We concur fully with the findings of the
report, most importantly on the need to resolve the current dispute
through executive action and state-to-state negotiation. As the
report makes abundantly clear, it's in the best interests of both
Canada and the United States to agree on a plan to keep
the Line open and get the new proposed tunnel built in a timely
manner.
"The stakes could not be higher," Yu said. "Line 5 is not just a
pipeline—it's an economic lifeline in Canada and the
United States."
About Enbridge Inc.
Enbridge Inc. is a
leading North American energy infrastructure company. We safely and
reliably deliver the energy people need and want to fuel quality of
life. Our core businesses include Liquids Pipelines, which
transports approximately 25 percent of the crude oil produced in
North America; Gas Transmission
and Midstream, which transports approximately 20 percent of the
natural gas consumed in the U.S.; Gas Distribution and Storage,
which serves approximately 3.8 million retail customers in
Ontario and Quebec; and Renewable Power Generation, which
generates approximately 1,750 MW of net renewable power in
North America and Europe. The Company's common shares trade on
the Toronto and New York stock exchanges under the symbol ENB.
For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc.