Enbridge to Expand Pipelines to US Before Starting a New Canada Line

Greg Ebel, CEO of Enbridge, whose company transports oil and gas out of Canada says President Trump’s tariffs will not impact their business. He tells Open Interest that the strong demand for energy from AI and data centers will offset any tariff costs.Source: Bloomberg

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By Robert Tuttle and Catherine Cartier

August 1, 2025 at 3:54 PM UTC

Enbridge Inc. will prioritize expanding its pipeline systems to the US before considering a new oil line to the Canadian west coast, the company’s chief executive officer said.

Alberta Premier Danielle Smith is advocating for a new oil pipeline to Prince Rupert, British Columbia, and said recently that a proponent for such a project could be announced in a matter of weeks. Enbridge, which operates the largest oil export pipeline system out of Canada, previously proposed a west-coast pipeline that didn’t receive government approval.