Enbridge's plan to fund policing costs of pipeline reroute in U.S. raises concerns [BNN Bloomberg (Canada)]
Enbridge Inc (ENB)
Last enbridge inc earnings: 2/14 07:00 am
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Source: BNN Bloomberg
The Calgary-based company says it volunteered the public safety fund to help governments in Wisconsin cover the extra costs related to the rerouting of the pipeline opposed by Indigenous communities. The proposed deal has alarmed some local residents and observers in Canada who say it smacks of a conflict of interest and fear it could incentivize police to act as the company's hired security. “It's hard to think that there's not some kind of transactional benefit to paying the bills,” said Jeffrey Monaghan, a Carleton University sociologist who's written extensively on the policing of protests. Monaghan said while resource companies cultivate close relationships with police in Canada as a way to advance their projects or quell protests, this type of deal would likely be received poorly north of the border. That said, Canada has been influenced by U.S. criminal justice policy before, he says. “I think it certainly could migrate up. I really hope it doesn't,” he said. Line 5,
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ENB
Earnings
- 2/13/26 - Beat
ENB
Sec Filings
- 3/27/26 - Form 8-K
- 3/26/26 - Form 424B5
- 3/24/26 - Form FWP
- ENB's page on the SEC website