Continue to progress critical energy infrastructure projects, while advancing $5+ billion asset divestiture program CALGARY, Alberta, April 28, 2023 -- TC Energy Corporation released its first quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “First quarter 2023 results continue to demonstrate the resiliency of our business and our ability to generate sustainable cash flow growth..."

This MD&A covers TCPL’s financial position and operations as at and for the year ended December 31, 2011.