CALGARY, Alberta – May 24, 2018 – News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) announced today that the National Energy Board (NEB) has recommended the federal government approve a variance to the previously issued North Montney Mainline Project certificate, which would allow construction to start on the proposed $1.4 billion natural gas project in northeast British Columbia.

This pipeline expansion project in western Alberta expanded pipeline capacity for the transportation of natural gas to growing markets located in central and southern Alberta from the Peace River Project Area.

The North Corridor Expansion Project in northwestern Alberta expanded pipeline capacity for the transportation of natural gas from the Peace River Project Area (PRPA) to growing markets located in northeastern Alberta. The Project included three pipeline components and one compressor station unit addition.

With four congenerating plants in Alberta, TransCanada manages, operates and markets close to 450 megawatts (MW) of electricity. Alberta Power Marketing offers wholesale power for a range of industries, including agriculture, oil and gas, commercial real estate, large scale commercial and industrial, public institutions and brokers and consultants.

The TQM Pipeline System is a 573 km natural gas pipeline network in the Province of Quebec between Saint-Lazare, located west of Montreal, and Saint-Nicolas, located on the South Shore of Quebec City, and between Lachenaie, located East of Montreal, and East Hereford on the New Hampshire border.

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