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TransCanada 2015 CSR Report — Economy: Pictured is ANR Pipeline's Blue Lake compressor station in Michigan, which is part of TransCanada's natural gas storage and pipelines network, which supplies 25 percent of the natural gas consumed daily across North America. TransCanada 2015 CSR Report — Economy: Pictured is ANR Pipeline's Blue Lake compressor station in Michigan, which is part of TransCanada's natural gas storage and pipelines network, which supplies 25 percent of the natural gas consumed daily across North America.

STRONG AND STABLE | Economy

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Today, TransCanada’s record of safe and reliable energy transportation and its respectful, long-standing relationships with the communities where it operates have made TransCanada one of North America’s most sought-after partners in energy infrastructure.

The largest business transaction TransCanada has undertaken since merging with NOVA in 1998 was unveiled in March 2016, as an agreement was reached to acquire Columbia Pipeline Group.

The TransCanada-Columbia Pipelines union, finalized on July 1, 2016, brings the strength of two major natural gas pipeline companies together in a way to best take advantage of the experience and talent of both companies as they undertake unprecedented growth opportunities across North America.

TransCanada now has a leading position in North America’s two fastest growing natural gas basins: the Western Canadian Sedimentary Basin (WCSB) and — with the most recent acquisition — the Appalachia basin in the U.S. northeast.

Read more at blog.transcanada.com.

We continue to grow our portfolio of commercially secure investment opportunities, which has the potential to create significant additional shareholder value.

The following are a few highlights from our growth plan.

$25 billion in near-term growth projects, including:

  • US$7.3 billion in Columbia Pipeline Group growth initiatives and modernization investments
  • $5.4 billion in system improvements and expansions to the NGTL system
  • $1 billion natural gas-fired Napanee Generating Station coming into service in 2018
  • Five natural gas pipelines in Mexico totaling US$3.8 billion - Topolobampo, Mazatlan, Tuxpan-Tula, Tula-Villa de Reyes and Sur de Texas-Tuxpan pipeline projects
  • $900 million Grand Rapids (phase 1) and $1 billion Northern Courier liquids pipeline systems expected to be in service in 2017

$45 billion in commercially secured, medium to longer-term projects, including:

  • $15.7 billion Energy East Pipeline project to transport crude oil from Western Canada to Eastern Canada, providing access to tidewater
  • $9.8 billion investment in Coastal GasLink and Prince Rupert Gas Transmission pipeline projects to serve emerging liquefied natural gas export industry in B.C.
  • $6.5 billion refurbishment of Bruce Power reactors to extend operating life of nuclear facility to 2064