CALGARY, Alberta, June 01, 2020 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) and Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares) on June 30, 2020.  As a result, subject to certain conditions: (a)  the holders of Series 3 Shares have the right to choose one of the following...

The Company endeavors to create opportunities for qualified and competitive Diverse and Local Businesses and individuals to benefit from the Company’s projects and operational activities. This is important for securing public confidence where we build and operate. It also provides the Company a competitive advantage as a leader in Supplier Diversity and Local Participation among energy infrastructure companies in North America.

TransCanada Corporation announced its Leach XPress (LXP) project was placed in-service on January 1, 2018, and that the Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity for its Mountaineer XPress (MXP) and Gulf XPress (GXP) projects on December 29, 2017.

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

The Management’s Discussion and Analysis (MD&A) dated February 22, 2007 should be read in conjunction with the audited Consolidated Financial Statements of TransCanada PipeLines Limited (TCPL or the Company) and the notes thereto for the year ended December 31, 2006.