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.

The fact sheet describes key points about the proposed project Sundre Crossover.

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

CALGARY, ALBERTA--(Marketwire - April 25, 2008) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) First Quarter Highlights (All financial figures are unaudited and in Canadian dollars unless noted otherwise) - Net income for first quarter 2008 of $449 million ($0.83 per share) compared to $...