Why Canada’s Enbridge has an America-first investment strategy
Enbridge (ENB.TO)(ENB) can trace its utility roots back to a dozen gas-powered street lamps in downtown Toronto, says Michele Harradence, president of gas distribution and storage for the Canadian pipeline giant.
A handful of these relics still stand outside the city’s famed St. Lawrence Market, she told a business luncheon audience earlier this week.
Today, Enbridge’s sprawling network of energy infrastructure criss-crosses Canada and the United States. The Calgary-headquartered company owns North America’s largest natural gas utility by volume, and the continent’s…