Canada pipeline insurance News

Aging Oil Pipelines Operated by Canada’s Enbridge Raise Fears over Great Lakes Spills

Fears about oil spills into the Great Lakes from two aging U.S. pipelines have flared, raising doubts about their future and creating fresh headaches for operator Enbridge Inc and the Canadian energy sector. Canada has faced years of delay in …

Canada’s Finance Minister Touts Plan for Pipeline ‘Insurance’

Canada’s finance minister said his plan to indemnify Kinder Morgan Inc. against losses on its Trans Mountain expansion project would be carried out in a commercially viable way. Bill Morneau said Thursday the government was not looking to give “a …