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Enbridge says proposed western Canada pipeline project too risky (ENB:NYSE)

Seeking Alpha · last updated
Enbridge head office building in Toronto.

JHVEPhoto/iStock Editorial via Getty Images

Enbridge (ENB) will not take on the development risk of building a proposed new oil pipeline from Alberta to Canada’s West Coast, CEO Gregory Ebel said Friday, noting the long timelines and shifting political landscape.

Enbridge (ENB) had been