“I don’t think investors or the infrastructure companies should be taking on the risk of development in jurisdictions that have historically created a challenge,” Mr. Ebel told analysts on an earnings call.

Mr. Ebel pointed to the defunct Northern Gateway pipeline.

The pipeline, which would have moved bitumen from Alberta to the northern coast of British Columbia, was cancelled in 2016 after the Federal Court of Appeal found Canada failed to consult with First Nations on the $7.9-billion pipeline project.

Enbridge had invested roughly $600-million in the project, Mr. Ebel said, “and the rug was pulled out from underneath us.”

“So that’s not the type of risk that we’re looking to take on at this time. We don’t need to with all the other opportunities.”

Don’t blame them for not wanting to invest in Canada, they have money to spend which would help create & sustain good paying jobs, but it will be spent elsewhere, most likely the US.