TransCanada Pipelines Ltd — Financial Statements — 2020

TransCanada Corporation today announced net income attributable to common shares for first quarter 2019 of $1.004 billion or $1.09 per share compared to net income of $734 million or $0.83 per share for the same period in 2018. Comparable earnings for first quarter 2019 were $987 million or $1.07 per common share compared to $864 million or $0.98 per common share for the same period in 2018. TransCanada's Board of Directors also declared a quarterly dividend of $0.75 per common share for the quarter ending June 30, 2019, equivalent to $3.00 per common share on an annualized basis.

In accordance with Certificate Condition 6 and Order Condition 7, NGTL encloses Commitment Tracking Table No. 7 for the Project. The reporting period for this submission is July 29, 2017 to August 31, 2017.

This document is a comprehensive report on a company's activities throughout the preceding year.

This report describes the Commitment Tracking Table No. 4 dated from September 2, 2015 to May 31, 2017 for the Towerbirch Expansion Project.