Enbridge Bets $2 Billion on Mainline Upgrade—Even as Tariffs Hit

Canadian pipeline giant Enbridge (ENB.TO) isn’t letting Trump’s 10% energy tariff slow it down. The company just announced a $2 billion investment in its Mainline network through 2028, doubling down on the very crude oil infrastructure now facing a new round of U.S. trade barriers. For those unfamiliar, Mainline is the backbone of North American crude transport, carrying vast amounts of both light and heavy crude from Alberta to refineries across Canada and the U.S. Midwest. In fact, Enbridge moves 40% of all North American crude—so…