While 2020 proved to be a year of tremendous highs and lows for many families and businesses across our North American footprint, our Liquids business unit continued to play a critical role in delivering the energy people need across this continent.

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

As restaurants, stores and businesses begin to reopen, our commitment to safety and the well-being of our employees is stronger than ever. Throughout the pandemic, teams across our company have been upholding our number one value of safety, to ensure the continued safe and reliable operations of our assets and ongoing construction work. Some of these committed individuals have had to remain physically at work every day with some even volunteering to self-isolate away from their families and communities.

Less than a decade ago, Justin Woulf was stationed in East Paktika, Afghanistan, near the country’s border with Pakistan. He was second in command of about 220 soldiers and wore a great many hats to keep his company functioning at an optimal level. Today, Justin is as an Area Manager for Badger South in U.S. Natural Gas’s (USNG) Heartland Region. While Wisconsin is a far cry from Paktika, he finds himself applying many of the same leadership and creative problem-solving skills at TC Energy that he picked up in the U.S. Army.

Four families of house wrens chose specially made nesting cavities in the company’s pipeline markers as safe, cozy places to rear their young this summer. And, thanks to a little foresight and some delicate work, the evolution of two of those families was captured on camera.

Each year, our CEO and Board Chair share their views on the health of our business and their outlook for the future in an open letter to shareholders in our annual report. Here are the highlights from their 2022 letter, released today.

TransCanada works with a First Nations business for mutual benefit.