TransCanada reports strong first quarter 2018 financial results

Diversified portfolio of high-quality assets continues to drive record performance TransCanada Corporation today announced net income attributable to common shares for first quarter 2018 of $734 million or $0.83 per share compared to net income of $643 million or $0.74 per share for the same period in 2017. Comparable earnings for first quarter 2018 were […]

Update on Trans Mountain expansion project permitting process

In total, 1,187 provincial permits are required for the Trans Mountain expansion project, with many involving First Nations consultation. To date: 587 permit applications have been submitted to permitting agencies. Of these, 201 have been approved and permits issued. The remaining 386 are being reviewed. Approximately another 600 permits have yet to be submitted by […]

Kinder Morgan announces halt to Trans Mountain Pipeline expansion in Canada

Yesterday, in response to widespread opposition from Indigenous leaders, environmental groups, and British Columbia government and residents, Houston, Texas-based Kinder Morgan announced the company is suspending all non-essential spending on construction of its Trans Mountain Pipeline expansion project until May 31. In the announcement, the company cited not wanting to continue to put shareholder money at risk as a key factor […]