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or Name
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CA



TransCanada Corp
Symbol TRP
Shares Issued 708,563,077
Close 2014-11-21 C$ 56.93
Market Cap C$ 40,338,495,974
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Globe says Prentice to lobby for TransCanada pipeline

2014-11-24 07:13 ET - In the News

The Globe and Mail reports in its Monday edition the Alberta and federal governments are planning a new push to persuade skeptics in Central Canada that the benefits of TransCanada's Energy East oil pipeline outweigh the risks. The Globe's Shawn McCarthy writes Alberta Premier Jim Prentice plans to travel to Quebec City and Toronto in early December to meet Quebec and Ontario premiers, who last week spelled out a joint list of seven criteria the project must satisfy to secure their support. Philippe Couillard and Kathleen Wynne included in that list an assessment of climate change. The Alberta Premier said Sunday it is essential for oil producers in his province to reach new markets by pipeline. Mr. Prentice said he is prepared to work with his Quebec and Ontario colleagues on a national strategy, including the highest environmental standards for pipelines and Alberta's own climate policy. "I think they accurately identified the issues that we need to work together on," Mr. Prentice told The Globe. TransCanada is facing mounting opposition to Energy East, particularly in Quebec where the company plans to build an export terminal near beluga calving grounds in the St. Lawrence River.

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