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Article content CALGARY – North America’s largest pipeline company Enbridge Inc. believes spending is projected to ramp back up in the oilsands, after taking a hit during the height of the COVID-19 pandemic. “Did COVID change the oil markets? I think it did, yes,” Enbridge president and CEO Al Monaco said Wednesday at an investment conference hosted virtually by Scotiabank and the Canadian Association of Petroleum Producers. We apologize, but this video has failed to load. Try refreshing your browser, or Enbridge sees oilsands spending rising after a year-long freeze Back to video “It did drive consolidation, capital and operating discipline and that’s probably what the industry needed,” Monaco said, referring to a wave of mergers and acquisitions across the upstream oil and gas industry in recent months, including Cenovus Energy Inc.’s purchase of Husky Energy Inc., ARC Resources Ltd.’s purchase of Seven Generations Energy Ltd. as well as multiple deals by

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