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

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.

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