The Management’s Discussion and Analysis dated March 1, 2005 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, 2004. Amounts are stated in Canadian dollars unless otherwise indicated.

In accordance with Condition 5 of the Certificate and Condition 6 of Order XG-N081-013-2016, NGTL encloses the Commitment Tracking Table for the Project. The reporting period for this submission is March 31, 2015 to November 15, 2016.

tc-2020-q1-presentation.pdf

Ce rapport annuel est un rapport complet sur les activités d’une entreprise au cours de l’année précédente.

This report—produced since 2001—provides us with the opportunity to comprehensively and transparently report on our economic, social and environmental performance. We define corporate responsibility (CR) as our “commitment to operating in an economically, socially and environmentally sustainable manner while recognizing the interests of our stakeholders.”

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

NGTL encloses its Commitment Tracking Table No. 1. This submission is in response to both Section 52 Condition 6 and Section 58 Condition 7 located in Appendices II and III of the Report.