Company: ENBSF
Filing Date: 2025-11-17
Form Type: 424B5
Source: 0001104659-25-112992
Chunk: 50

Company: ENBRIDGE INC
Filing Date: 2025-11-17
Form: 424B5
Chunk 50
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, information reporting requirements, on Internal Revenue Service Form 1099, generally will apply to payments of principal
and interest on a Note within the United States, including payments made by wire transfer from outside the United States to
an account maintained in the United States, and the payment of the proceeds from the sale of a Note effected at a United States
office of a broker. Additionally, backup withholding may apply to such payments if a noncorporate United States holder fails to provide
an accurate taxpayer identification number, (in the case of interest payments) is notified by the Service that the holder has failed to
report all interest and dividends required to be shown on the holder’s United States federal income tax returns, or, in certain
circumstances, fails to comply with applicable certification requirements.

Information with Respect to Foreign Financial Assets

Owners of “specified
foreign financial assets” with an aggregate value in excess of $50,000 (and in certain circumstances, a higher threshold) may
be required to file an information report with respect to such assets with their tax returns. “Specified foreign financial assets”
may include financial accounts maintained by foreign financial institutions, as well as the following, but only if they are held for investment
and not held in accounts maintained by financial institutions: (i) stocks and securities issued by non-United States persons,
(ii) financial instruments and contracts that have non-United States issuers or counterparties, and (iii) interests in
foreign entities. United States holders that are individuals are urged to consult their tax advisor regarding the application of
this reporting requirement to their ownership of the Notes.

Material Canadian Income Tax Considerations

The following is, as of the
date hereof, a general summary of the principal Canadian federal income tax considerations under the Tax Act applicable to a purchaser
of Notes as beneficial owner pursuant to the prospectus and this prospectus supplement who, at all relevant times, for purposes of the
Tax Act and any applicable tax treaty (i) is not resident or deemed to be resident in Canada; (ii) deals at arm’s length
with the Corporation; (iii) deals at arm’s length with
any transferee who is resident or deemed to be resident in Canada and to whom the purchaser assigns or otherwise transfers the Note; (iv) is
not a “specified shareholder” (as defined in subsection 18(5) of the Tax Act) of the Corporation or a person that does
not deal at arm’s length with a specified shareholder of the Corporation