Enbridge touts pipeline safety as it waits for federal cabinet decisions
CALGARY — The head of Canada’s largest pipeline company is touting the increased safety of the industry as he awaits word on the fate of two major expansion projects from the Trudeau government.
Enbridge (TSX:ENB) chief executive Al Monaco said on an investor call Friday that the heightened critical focus on the industry has led to significant improvements.
“The fact of the matter is that the additional scrutiny, and the tension — although perhaps uncomfortable — is leading the entire industry, I think, to get better,” said Monaco.
Pipeline safety has once again come to the forefront after a Husky Energy pipeline leaked more than 200,000 litres of oil into the North Saskatchewan River last week.