CALGARY - The CEO of Enbridge Inc. says it’s “critical” to Canada’s energy future that substantive changes are made to proposed federal legislation to revamp how big resource projects win federal approval. Speaking after his company’s annual shareholders’ meeting in Calgary, Al Monaco says there are three or four major problem areas in Bill C-69 that must be addressed. Enbridge president and CEO Al Monaco prepares to address the company's annual meeting in Calgary, Wednesday, May 8, 2019. ( Jeff McIntosh / THE CANADIAN PRESS )His comments come as the Senate considers amendments to the bill that would repeal the Canadian Environmental Assessment Act and retire the National Energy Board, leaving the Impact Assessment Agency of Canada and the Canadian Energy Regulator as authorities responsible for assessments of the environmental, health, social and economic impacts of designated projects. Article Continued BelowMonaco says he applauds the aggressive stance of Alberta’s newly elected United Conservative Premier Jason Kenney in support of energy projects.

Source: thestar May 08, 2019 22:07 UTC