Enbridge Inc T.ENB.PR.G

Undo Line 5 Shutdown Order Ottawa’s Filing Urges U.S. Court

[FiddyFiddyShot]

https://financialpost.com/commodities/energy/oil-gas/undo-line-5-shutdown-order-ottawa-us-appeals-court

[bttmfischer]

Who woke hem up? The judge rendered his decision weeks ago!

[FiddyFiddyShot]

It would be worth shutting down Line 5 just to see Trudeau squirm, and drop even further in the polls.....

[Experienced]

bt....worse yet this was telegraphed in a lower Court decision ....last June? I recall... Just another case of Justin playing to an audience but not really doing anything....Most people in Western Canada will see through this lame initiative by Trudeau.  At least his Dad (who I had fundamental problems with but at least admired him as a Man who has integrity and believed in what he was doing

[YupnDump]

good luck long term ENB dog tag owners and your divys will be cut if there is another interest rate hike which will affect their debt cost. CHEERS have another brewski

[Experienced]

yup..... I don't think that ENB is in any imminent danger of cutting its dividend.  I do consider that future dividend hikes at least over the next year or two will be challenged. All that said, there are some warning signs here that have caused me to wait and see before reloading a position in ENB.  I mentioned some of them in an earlier post regarding the fact that most of debt

[bttmfischer]

Well Experienced, he travels a lot and gets a lot of face time on CBC, He hopes the hated Canadian oil we sell to the US at a discount will help with our deficit, now that he found out that items in his budget don't balane themselves.

[Experienced]

bt....given his track record on doubling the National Debt since he got elected I suspect that he really doesn't care about balancing the budget. During Covid....he would come out of Rideau Cottage with a new set of goodies every single day for some demographic with little regard for the increase in the debt or whether people really needed the money or not.  I recall during that time