Company: ENBSF
Filing Date: 2025-11-19
Form Type: 424B5
Source: 0001104659-25-114102
Chunk: 69

Company: ENBRIDGE INC
Filing Date: 2025-11-19
Form: 424B5
Chunk 69
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 in separate series or classes
and in amounts, at prices and on terms described in one or more supplements to this prospectus (the “Prospectus”).

The specific variable terms of any offering of
Securities will be set forth in one or more supplements to this Prospectus (each, a “Prospectus Supplement”) including,
where applicable: (i) in the case of common shares or preference shares, the number of shares offered and the offering price; and
(ii) in the case of debt securities, the designation, any limit on the aggregate principal amount, the currency or currency unit,
the maturity, the offering price, whether payment on the debt securities will be senior or subordinated to our other liabilities and obligations,
whether the debt securities will bear interest, the interest rate or method of determining the interest rate, any terms of redemption,
any conversion or exchange rights, whether the debt securities will be guaranteed and any other specific terms of the debt securities.

The Corporation’s common shares are listed
on the New York Stock Exchange (the “NYSE”) and the Toronto Stock Exchange (the “TSX”) under the
symbol “ENB”. Certain series of the Corporation’s preference shares are listed on the TSX. On July 31, 2025, the
last reported sales price of our common shares on the NYSE was US$45.29 per share and the last reported sales price of our common
shares on the TSX was Cdn$62.75 per share.

The Securities may be sold directly, on a continuous
or delayed basis, through dealers or agents designated from time to time, to or through underwriters or through a combination of these
methods. See “Plan of Distribution” in this Prospectus. We may also describe the plan of distribution for any particular
offering of the Securities in any applicable Prospectus Supplement. If any agents, underwriters or dealers are involved in the sale of
any securities in respect of which this Prospectus is being delivered, we will disclose their names and the nature of our arrangements
as well as the net proceeds we expect to receive from any such sale, in the applicable Prospectus Supplement.

You should read this Prospectus and any accompanying
Prospectus Supplement carefully before you invest in the Securities.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PRO