Enbridge Inc., the largest pipeline company in Canada, slashed 5% of its workforce on Monday, a spokesman at the company said, as low oil prices continued to drag on the North American oil and gas industry.

Graham White, Enbridge’s spokesman, said the cut was made across Canada and the U.S. and represented about 500 employees at all levels and 100 unfilled positions.

The material has been provided by InstaForex Company – www.instaforex.com