TransCanada Corporation announced today that 725,094 of its 24,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) were deposited for conversion on April 30, 2019 on a one-for-one basis into floating rate Cumulative Redeemable First Preferred Shares, Series 8 (Series 8 Shares).

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

TransCanada Corporation today announced that it has successfully completed its second binding expansion capacity Open Season at the Empress/McNeill Export Delivery Point on its NOVA Gas Transmission Ltd. (NGTL) System in 2018. NGTL offered 280 million cubic feet per day of firm service,targeted to commence in November 2021. The Open Season closed on March 15, 2018, and was oversubscribed, with an average awarded contract term of approximately 22 years.