Canada Wants Pipelines. Enbridge CEO: Private Capital Still Isn't Sold.

Canada Wants Pipelines. Enbridge CEO: Private Capital Still Isn't Sold.

July 9, 2026 · 49 min · Episode 152

About this episode

Amber Kanwar interviews Greg Ebel, CEO of Enbridge, about the state of pipelines and private capital in Canada.

Canada just announced two new pipelines — so where's private capital? The CEO of one of Canada's largest pipeline operators weighs in. On this special episode of In the Money with Amber Kanwar, Amber sits down with Greg Ebel, President and CEO of Enbridge (TSX: ENB, NYSE: ENB), live from the Calgary Stampede for his first interview since the pipeline announcements — including the Northern Shield West Coast pipeline and the Alberta-Ontario pipeline proposal. Greg explains why Enbridge isn't a proponent on either project, and why he thinks the industry's focus on pipelines has been "ass-backwards" — the real bottleneck, he argues, is production, not pipes. Greg also revisits comments from last fall, when he called the last decade a "disaster" for Canadian competitiveness. He explains what's shifted since then, why governments are now racing to make private capital more attractive, and what a "grand bargain" on the North Coast tanker ban could look like if Ottawa wants the private sector to lead. The conversation turns to Enbridge's own capital priorities. Most of the company's $40 billion project backlog is being deployed in the United States, where taxes are lower and regulatory…

People in this episode

Host: Amber Kanwar

Guest: Greg Ebel

Topics covered

Keywords

Mentioned in this episode

Organizations: Enbridge

Places: Canada, Calgary Stampede, Northern Shield West Coast, Alberta-Ontario, Ottawa

More episodes of In the Money with Amber Kanwar

Explore listener stats, chart rankings, contacts and more on the In the Money with Amber Kanwar podcast page.