CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - Highlights: TransCanada expects to realize approximately US$3.7 billion from the monetization of its U.S. Northeast Power business Decides to maintain full ownership interest in its gr...

TransCanada Corporation 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).