This document provides an overview of the key factors that have influenced how TransCanada has performed in its recent past, its financial condition, and its future prospects.

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

The system includes a 416 mile (669 km) interstate natural gas pipeline that extends from the Canadian border at Waddington, New York, onward through New York State and western Connecticut, finally reaching its end point in the Bronx, New York.