The Canadian Investor
Enbridge to Become Largest Gas Utility in North America
Sep 14, 2023
Topics discussed include the Bank of Canada pause, Enbridge's acquisition of dominion gas storage and utility assets, and the instacart IPO. The hosts also analyze the financial performance of a grocery delivery company, explore Uber's optionality, and discuss the rebranding of a company and Europe's contradiction on nuclear energy.
50:23
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Quick takeaways
- Enbridge's acquisition of dominion gas storage and utility assets positions them as the largest gas utility in North America.
- The Bank of Canada's decision to raise interest rates despite concerns about the economy indicates their struggle to balance inflation targets and economic support.
Deep dives
SNC Lavalin rebrands as Atkins Realists
SNC Lavalin is rebranding as Atkins Realists and changing their ticker to ATRL. The CEO mentions that the rebrand is part of their transformation plan and highlights their focus on nuclear infrastructure and profitability.
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