Why Canada’s Enbridge has an America-first investment strategy

FILE PHOTO: Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo · REUTERS / Reuters

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…

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