Reuters  Sep 30  Comment 
TransCanada Corp said on Wednesday it will seek approval from the Nebraska Public Service Commission to build its long-delayed and controversial Keystone XL crude oil pipeline route through the state.
New York Times  Sep 30  Comment 
TransCanada Inc. said it would abandon its efforts to invoke eminent domain through the courts in Nebraska and will reapply for approval through the state’s Public Service Commission.
CANOE.ca  Sep 24  Comment 
Employees at TransCanada were informed this week that more job cuts are coming as part of a major overhaul that includes shedding a fifth of senior leadership positions from the pipeline and energy company.
guardian.co.uk  Sep 23  Comment 
Clinton has taken a stance on Keystone XL, but in the meantime, TransCanada has moved on and new tar sands projects are being prepped at the border At a campaign stop in Iowa on Tuesday, presidential candidate Hillary Clinton broke her silence...
OilVoice  Sep 10  Comment 
TransCanada Corporation TSXTRP NYSETRP today announced the appointment of a new independent director Mr. John E. Lowe effective immediately. Mr. Lowe currently serves as the nonexecutive Cha
Reuters  Sep 1  Comment 
Natural gas pipeline operator TransCanada Corp said on Tuesday the U.S. Federal Energy Regulatory Commission (FERC) has allowed it to reclassify some 1.1 billion cubic feet (bcf)...


TransCanada Corporation (TRP)

Business of TransCanada Corp

TransCanada is a leading North American energy infrastructure company focused on Natural Gas Pipelines, Oil Pipelines and Energy. At Year End, Natural Gas Pipelines accounted for approximately 54 per cent of revenues and 51 per cent of TransCanada’s total assets

Natural Gas Pipelines Business

TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and regulated gas storage facilities. TransCanada's network of wholly owned natural gas pipelines extends more than 37,000 miles, and its partially owned natural gas pipelines extend more than 5,500 miles, tapping into virtually all major gas supply basins in North America.


TransCanada's payment of dividends is primarily funded from dividends TransCanada receives as the sole common shareholder of TransCanada PipeLines Limited.

Dividend Reinvestment and Share Purchase Plan

TransCanada has a Dividend Reinvestment and Share Purchase Plan which permits shareholders of TransCanada and preferred shareholders of TCPL, to elect to reinvest their cash dividends in additional Common Shares of TransCanada. These Common Shares may be provided to the participants at a discount to the average market price in the five days before dividend payment. The discount was set at three per cent in 2009 and 2010, and was reduced to two per cent commencing with the dividends declared in February 2011. The discount was set at two per cent for 2008 and was increased to three per cent commencing with the dividend declared in February 2009. Participants may also make additional cash payments of up to $10,000 per quarter to purchase additional Common Shares, which optional purchases are not eligible for any discount on the price of Common Shares. Participants are not responsible for payment of brokerage commissions or other transaction expenses for purchases made pursuant to the Dividend Reinvestment and Share Purchase Plan. [1]


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