Enbridge reports third-quarter loss on charges

Nov 2 (Reuters) – Enbridge Inc, Canada’s largest pipeline operator, reported a third-quarter loss on Friday as it recorded several charges.

The company said net loss attributable to common shareholders was C$90 million, or 5 Canadian cents per share, in the quarter ended Sept. 30 compared with a profit of C$765 million, or 47 Canadian cents per share, a year ago.

Earlier in the day, the company said it is suspending its dividend reinvestment and share purchase plan immediately until further notice. ($1 = 1.3054 Canadian dollars) (Reporting by Laharee Chatterjee in Bengaluru; Editing by Bernard Orr)

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