Company: ENBSF
Filing Date: 2025-11-17
Form Type: 424B5
Source: 0001104659-25-112992
Chunk: 84

Company: ENBRIDGE INC
Filing Date: 2025-11-17
Form: 424B5
Chunk 84
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 person (within the meaning of the United States Internal Revenue Code), including,
to the extent applicable, any such material consequences relating to debt securities payable in a currency other than the U.S. dollar,
issued at an original issue discount for United States federal income tax purposes or containing early redemption provisions or other
special items.

<div align='center'>Plan of Distribution</div>

The Corporation may sell the Securities to or through
underwriters, agents or dealers and also may sell the Securities directly to purchasers pursuant to applicable statutory exemptions or
through agents.

The distribution of the Securities may be effected
from time to time in one or more transactions at a fixed price or prices, which may be changed, at market prices prevailing at the time
of sale, or at prices related to such prevailing market prices to be negotiated with purchasers.

The Prospectus Supplement relating to each series
of the Securities will also set forth the terms of the offering of the Securities, including to the extent applicable, the initial offering
price, the proceeds to the Corporation, the underwriting concessions or commissions, and any other discounts or concessions to be allowed
or re-allowed to dealers. Underwriters or agents with respect to Securities sold to or through underwriters or agents will be
named in the Prospectus Supplement relating to such Securities.

In connection with the sale of the Securities,
underwriters may receive compensation from the Corporation or from purchasers of the Securities for whom they may act as agents in the
form of discounts, concessions or commissions. Any such commissions will be paid either using a portion of the funds received in connection
with the sale of the Securities or out of the general funds of the Corporation.

Under agreements which may be entered into by the
Corporation, underwriters, dealers and agents who participate in the distribution of the Securities may be entitled to indemnification
by the Corporation against certain liabilities, including liabilities under securities legislation, or to contribution with respect to
payments which such underwriters, dealers or agents may be required to make in respect thereof.

In connection with any offering of Securities,
the underwriters, agents or dealers may over-allot or effect transactions which stabilize or maintain the market price of the Securities
offered at levels above those which might otherwise prevail in the open market. Such transactions, if commenced, may be discontinued at
any time.

<div align='center'>Enforcement of Civil Liabilities</div>

The Corporation is a Canadian corporation. While
the Corporation has appointed Enbridge (U.S.) Inc. as its agent to receive