12:06:42 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



TC Energy Corp
Symbol TRP
Shares Issued 1,022,761,266
Close 2023-05-09 C$ 56.24
Market Cap C$ 57,520,093,600
Recent Sedar Documents

Globe/CP say TC Energy halts work on part of GasLink

2023-05-10 08:45 ET - In the News

The Globe and Mail reports in its Wednesday edition that TC Energy has halted construction on a 20-kilometre stretch of its Coastal GasLink project over concerns about erosion and sediment control. A Canadian Press dispatch to The Globe says that the affected section of pipeline is located near the Little Anzac River north of Prince George, B.C. TC Energy says the region has been affected by challenging spring melt conditions caused by an abundance of snow this winter, a quick spike in temperatures and heavy rainfall. The Coastal GasLink pipeline construction project has encountered recurring issues with erosion and sediment control over the past year that have resulted in compliance and enforcement actions by the B.C. Environmental Assessment Office (EAO). TC Energy says it made the precautionary decision to pause construction prior to the EAO issuing new stop-work orders on May 4 and 5. The company says it has also launched a third party review of its erosion and sediment control plans for the area. The pipeline company says construction is safely progressing along other sections of the 670-kilometre project route, and Coastal GasLink remains on track to be completed by the end of this year.

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