This document provides an overview of the key factors that have influenced how TransCanada has performed in its recent past, its financial condition, and its future prospects.

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will proceed with construction of the Coastal GasLink pipeline project (Coastal GasLink) after a decision to sanction the LNG Canada natural gas liquefaction facility in Kitimat, British Columbia (B.C.) was announced earlier today by the joint venture participants of LNG Canada, a consortium comprised of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS (the LNG Canada Participants).

The Nisga’a Nation confirmed its Benefits Agreement with Prince Rupert Gas Transmission Ltd (PRGT) to provide right of way certainty for its proposed LNG pipeline project from northeastern British Columbia to the proposed Pacific NorthWest LNG export facility at Lelu Island near Prince Rupert.

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